Tibet | Business & Investments

Avoiding Money Hassles while Traveling in Tibet in 2015

May 23, 2015 |

Author admin

Avoiding Money Hassles while Traveling in Tibet in 2015

Tibet travel April 2015-photos by guests

Lhasa, Tibet (PRWEB) April 21, 2015

While traveling in Tibet visitors will discover that it’s a unique place filled with cultural wonders and majestic high altitude scenery. However, with such a unique experience comes a unique way of doing business; using and accessing money in Tibet can be quite a bit different than what travelers have come to expect from other popular destinations. To help ensure everyone arrives well prepared Tibet Ctrip Travel Service-TCTS (http://www.tibetctrip.com) discusses what travelers need to know. TCTS is a Lhasa-based Tibet travel agency with more than 12 years experience serving western travelers.

In general, credit cards are not accepted anywhere. Travelers will need to be prepared to use cash for all purchases. Should a group find themselves in a pinch or experience trouble accessing their bank account, some major banks can process cash advances from major credit cards. Be sure to call credit card companies in advance to make sure this feature is available and activated.

Reliable ATM’s are conveniently located throughout Lhasa. Not all banks take all foreign cards so don’t panic if one particular bank rejects a transaction! Just try another. Many times travelers forget to alert their banks of foreign ATM withdrawals and end up having to make expensive phone calls to their home country.

The local currency is the Chinese Yuan (RMB). If coming from Mainland China its best to spend coins before the Tibet tour begins, as they aren’t always accepted. Those coming from Nepal will have no trouble finding currency exchange services. Banks tend to offer the best rates.

Running into trouble while using or accessing money while visiting a foreign country can be a nightmare. The most successful travelers do their homework before coming to Tibet and arrive prepared. The most important things to remember are that credit cards are not accepted and travelers need to call their banks before leaving home. Despite calling, travelers may still run into problems using their ATM card. Should this happen, most banks have an international collect number. With the 2015 Tibet travel season right around the corner now is the time to start planning a tour!