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Payment in hotels,
travel agencies, and
airlines are made in convertible currencies. Credit cards such as American
Express, MasterCard and Visa are widely accepted at major hotels, shops, and
restaurants. Remember to keep your Foreign Exchange Encashment Receipt while
making foreign exchange payments or transferring foreign currency into
Nepalese rupees. The receipts may be needed to change left-over Nepalese
rupees into hard currency before leaving the country. However, only 10
percent of the total amount may be converted back by the bank.
Major banks, hotels, and the foreign exchange counters at Tribhuvan
International Airport provide services for exchanging foreign currency. US
Dollar Traveler's Cheques can be purchased from American Express at Durbar
Marg and other major banks in Kathmandu.
Nepalese Rupees comes in denominations of 1000, 500, 100, 50, 25, 20, 10, 5,
2, and 1. Coins come in denomination of 10, 25, 50 paisa, 1 rupee and 2
rupees. One rupee equals 100 paisa.
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