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#426427 - 12/30/11 09:28 PM what is the best form of money  
Joined: Nov 2011
Posts: 10
LSC Offline
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LSC  Offline
I will be in San Pedro for 8 weeks this winter. It is my understanding that both travellers cheques and money orders are a problem to cash in. I sure don't want to carry too much cash. Any suggestions?

#426430 - 12/30/11 10:00 PM Re: what is the best form of money [Re: LSC]  
Joined: May 2000
Posts: 6,616
Amanda Syme Offline
Amanda Syme  Offline
The travellers cheques work. I guess I am not familiar with money orders as a form of everyday currency. You can use ATM's on the island. I have been told the Scotia Bank ATM is the least expensive. You can only get a limited amount of money from the machine but if you into the bank the teller can help if you need more.

It is good not to carry too much cash and not be flashy. Just go about your business and be street smart and things should be smooth and fun.

#426455 - 12/31/11 08:21 AM Re: what is the best form of money [Re: LSC]  
Joined: Apr 2007
Posts: 60
denjy Offline
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denjy  Offline
Island Supermarket, Village Market norh of bridge and the Shopping Center all gladly take travellers checks.


Dennis
#426467 - 12/31/11 10:36 AM Re: what is the best form of money [Re: LSC]  
Joined: Apr 2009
Posts: 425
MisterB266 Offline
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MisterB266  Offline
I cashed a travellers cheque at a bank several weeks ago -- easy.

#426486 - 12/31/11 04:14 PM Re: what is the best form of money [Re: LSC]  
Joined: Jul 2010
Posts: 118
gecko_girl Offline
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gecko_girl  Offline
Most major businesses will accept US$ T/Cheques with ID, but I would recommend them in small denominations and not all $100s. With most places now accepting credit cards and the ATMs being international, we have just sort of forgotten the "older" methods of payment!


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#426488 - 12/31/11 04:38 PM Re: what is the best form of money [Re: gecko_girl]  
Joined: Oct 2010
Posts: 834
BeBelize Offline
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BeBelize  Offline
We brought Traveler's Checks on our first trip here but found them to be a bit of a pain. The lines to cash 'em at the bank are long, the process rather time-consuming, and you lose a little bit of money due to the exchange rate when you cash them at the bank.

The second trip we brought more cash, divided in multiple places between us (not in any checked luggage, obviously). We also made sure to tell our bank our travel dates so our ATM card would work, though there was a transaction fee.

Some major credit cards (Capital One for one) don't have foreign transaction fees and can be used in many places, though a lot of the local shops will require cash. We used a credit card for more expensive dinners and our resort bill and cash elsewhere.

Enjoy your trip!


Former Belize expat traveling the USA & Mexico
http://travelingtwosome.weebly.com
#426492 - 12/31/11 05:34 PM Re: what is the best form of money [Re: LSC]  
Joined: May 2000
Posts: 6,616
Amanda Syme Offline
Amanda Syme  Offline
Most restsurants, hotels, dive shops and gift shops will accept travelers cheques with an exchange rate of $2.00 bz for $1.00 US. You will need to show your passport to match signatures.

#426764 - 01/05/12 05:27 AM Re: what is the best form of money [Re: Amanda Syme]  
Joined: Nov 2011
Posts: 10
LSC Offline
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LSC  Offline
Thank you

#426765 - 01/05/12 05:27 AM Re: what is the best form of money [Re: BeBelize]  
Joined: Nov 2011
Posts: 10
LSC Offline
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LSC  Offline
Thank you.

#426766 - 01/05/12 05:28 AM Re: what is the best form of money [Re: denjy]  
Joined: Nov 2011
Posts: 10
LSC Offline
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LSC  Offline
Thank you.

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