The currency of Nepal is the Nepalese rupee. The airport in Kathmandu features a 24-hour bank for exchange purposes. There are one, two, five, and ten-rupee coins, and one, two, five, 10, 20, 25, 50-, 100-, 500-, and 1,000-rupee banknotes. Changing the 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.
We recommend not to take a large amount of money with you. ATMs are widely available throughout the country except in rural or remote areas. There are restrictions and charges while withdrawing the money per transaction. The ATMs go into constant failure, making it difficult for customers. You can use Western Union and other remits to withdraw money. For that purpose, you have to verify your identification with documents. Keep the Foreign Exchange Encashment Receipts from banks, hotels, or authorized money changers since you need them to exchange rupees back upon leaving Nepal. Some hotels only take foreign currency, and you can use the encashment receipts 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.