East Timor flag East Timor
The US Dollar is the official currency. For local transactions, the Indonesian Rupiah may be accepted in border areas, but this should not be relied on. Currency exchange Travellers should take plenty of hard currency in cash. Both the Australian ANZ bank and the Portuguese Banco Nacional Ultramarino have branches in Dili. Cirrus/Maestro credit cards can be used to withdraw US Dollars from an ATM.
The import of currency is allowed, although amounts of US$5000 and above must be declared.
These can only currently be used in the very few expensive hotels in East Timor.
Traveller's cheques are not widely exchangeable. Only some top-of-the-range hotels may be able to exchange them.