Foreign Currency and Credit Cards

The Nepalese rupee is the country's currency. The airport in Kathmandu features a 24-hour bank for exchange purposes. The Nepalese rupee is 100 paisa (p). There are one, two, five, and ten-rupee coins, and one, two, five, 10, 20, 25, 50-, 100-, 500-, and 1,000-rupee banknotes. Away from big cities, changing a Rs 1000 note might be tricky, so have small amounts of money such as Rs 500, 100, or 50. Cash withdrawals on credit cards are accessible in Kathmandu and Pokhara but should not be depended upon entirely. Only large hotels, tourist stores, and restaurants in major cities of Nepal accept credit cards.

You are not recommended to take a large amount of money with you. ATMs are widely available throughout the country, but not in rural or remote areas yet. There are restrictions and charges while withdrawing money per transaction. The ATMs go into constant failure, making it difficult for customers. To withdraw money, Western Union and other remits can be used to withdraw money, but you need to verify your identification with documents. Keep the Foreign Exchange Encashment Receipts from banks, hotels, or authorized money changers since they will be needed to exchange rupees back upon leaving Nepal. Some hotels only take foreign currency, and the encashment receipts may be used to pay in rupees. Indian rupees are recognized as hard cash in Nepal, although sums of 500 or above are banned. Not only that, but many companies may refuse to take worn-out notes. When trekking, keep in mind that cash is required, usually in a tiny amount. Tipping is something people expect, but it is not mandatory while you are in restaurants. Your porters and guides will have their hard work praised with your tips as they care for you throughout the tour.