MONEY & CURRENCY

Currency: Bangladeshi Taka (Tk) = 100 poisha. Notes are in denominations of Tk 500, 100, 50, 20, 10, 5, 2 and 1. Coins are in denominations of 500, 100, 50, 25, 10 and 5 poisha. 

Currency exchange: All foreign currency exchanged must be entered on a currency declaration form. Hotel bills must be paid in a major convertible currency or with travellers cheques. Many shops in the cities will offer better rates of exchange than the banks. 

Credit cards: Limited acceptance of MasterCard, Diners Club and American Express. Check with your credit card company for details of merchant acceptability and other services which may be available. 

Travellers cheques: Can be exchanged on arrival at Dhaka Airport . To avoid additional exchange rate charges, travellers are advised to take travellers cheques in US Dollars or Pounds Sterling. 

Exchange rate indicators against Sterling and the US Dollar: The following figures are included as a guide to the movements of the Taka against Sterling and the US Dollar: 

Currency restrictions: The import of foreign currency is unlimited (subject to declaration at time of arrival for sums in excess of US$5000). The export of foreign currency is limited to the amount declared on arrival. The import and export of local currency is limited to Tk100. 

Banking hours: 0900-1500 Sunday to Thursday

Duty Free and Customs  
The following goods may be imported into Bangladesh without incurring customs duty: 
200 cigarettes or 50 cigars or 225g of tobacco; 1 bottle of alcoholic beverages (non-Muslims only); a reasonable amount of perfume; gifts up to the value of Tk500. 

Note: Duty-free items may be bought at the duty-free shop at Dhaka Airport on arrival. 

Prohibited items: Firearms and some animals. 

Customs Regulations: There are restrictions on importing currency and weapons. Contact the Embassy of Bangladesh for specific information