"Bureau de Change" Bali Tourist Trap Tip by natwest
Bali Tourist Traps: 28 reviews and 18 photos
Ngurah Rai Airport's numerous money changers (after Customs) offer a single, disappointing exchange rate. My suggestion is that if you don't have any Rupiah, then only change enough to cover taxi fare and hotel check-in.
There are zillions of bureaux de change in every major tourist centres. Even non major tourist spots would surely have a couple of them. But the best exchange rates are to be found in major areas, like Kuta, Ubud and Sanur.
Banks' exchange rates are generally lower than the roadside bureaux de change and it is more complicated to change money with a bank, as it requires ID, form to be filled in and often a long queue too.
The practice of short changing is very widespread. My advice is look for those professional moneychangers and NOT businesses (souvenir shops and travel agent) which also change money
Unique Suggestions: A professional bureau de change only changes money (or maybe selling some postcards and drinks). Most money changers are simply businesses which happened to change foreign currencies too. It is certainly worth to shop around for rates before you change, as rates vary greatly from one place to another, even though they are on the same street.
Fun Alternatives: Be suspicious to exchange rate sounds too good to be true----It often is a gimmick to lure you in and refuted the "outdated rate" later.
Use your own instinct to judge between a genuine money changer or just a short changer.