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Currency

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Los Angeles
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Currency

Is there an ATM machine at the airport? If not, and we take a taxi to the hotel, can we use US dollars and then get local currency from an ATM later? It sounds as if hotel or airport exchange may be a bit of a rip-off.

Trinidad
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831 posts
4 reviews
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1. Re: Currency

There are ATM at the airport. There is also a first citizens bank there. Generally all banks carry the same exchange rates. It is he individuals and small businesses that give you a bad exchange rate.

Generally bank will buy US cash between 6.0 and 6.13

http://www.firstcitizenstt.com/

New York
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183 posts
2 reviews
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2. Re: Currency

Went to carnival a couple of years ago and had no problem with US currency. The taxi driver took US and I did exchange some money at the airport but got a better deal at a bank around the corner from the Kapok Hotel in a shopping area. Can't recall the name at the moment.

Trinidad
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831 posts
4 reviews
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3. Re: Currency

That is Republic Bank you are refering to. The thing is that although we have a floating currency, its is more in theory than in reality. All the bank have "unoffically" gotten together and have standardized the rate. the difference between the banks is never diviates more that a few cents.

When you exchange US 100 and get TT600 or even TT610, the TT10 isn't really worth the extra effort looking and traveling around to find the best rate.

Here are a list of other banks:

Republic bank: http://www.republictt.com/

Scotia Bank: http://www.scotiabanktt.com

Royal Bank: http://www.rbtt.com/

Toronto, Canada
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830 posts
1 review
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4. Re: Currency

Well, when you think of it...that's the big P-off of travelling...everyone wants the almighty US dollar. All.. price things in US dollars...frustrating when you're not from the US! I'd like for just once to go and have to deal with local currency so I can do ONE conversion. Regardless, previous poster is correct... it's not worth travelling around looking for the best exchange...mostly is fare, but best at banks if you like the line ups. Good luck and have fun!

Level Contributor
1,896 posts
3 reviews
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5. Re: Currency

A business man was shot and killed after withdrawing some money from a bank in San Juan,maybe someone knew and he was set up,but be on the alert at all times and watch out for people that 's following you.Thieves also stole an ATM with $300,000 in it.Trini's watching Caught On Tape too much.

Atlanta, Georgia
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29 posts
3 reviews
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6. Re: Currency

Most shops do take US dollars and signs are usually posted indicating this.

You can get local currency from either an ATM machine or you can go into any bank branch and do a cash advance from your card.

As with all things be alert and use your common sense. Try not to use an ATM at night and don't take out more cash than you need.

Enjoy your trip.

7. Re: Currency

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