The Malaysian
dollar is the Ringgit (RM ). It is worth 100
sen. Bank notes come in several
denominations: RM1 (blue), RM2 (purple), RM5
(green-polymer), RM10 (red), RM50 (green) and RM100
(purple). Coins come in several
denominations: 50sen, 20sen, 10sen,
and 5sen. The 1 sen coin has been phased out
beginning April 1 2008. The Ringgit, which used to be
pegged at RM3.80 to 1USD previously is now
moving normally against the world's major
currencies.
Seven major banks are available in Langkawi:
Maybank, Public Bank, RHB Bank, Bumiputera
Commerce, Perwira Affin Bank, Bank Islam and
Bank Simpanan Nasional. Most ATM's are
linked to international banking networkssuch
as Cirrus, Maestro, Plus, Visa and
Mastercard, hence allowing for easy
withdrawals from overseas accounts.
ATM's are
available at the Langkawi Airport, Kuah
Town, Jetty Point Shopping Mall, Telaga
Harbour, Padang Mat Sirat, Underwater World
(Pantai Chenang) and the Langkawi
Fair Shopping Centre.
Licensed moneychangers can be found at most
high-traffic areas, including Langkawi
International Airport, Jetty Point Mall,
Kuah Town, Pantai Chenang, Padang Mat Sirat,
and the Langkawi Fair Shopping Centre. Banks
and most hotels also provide money changing
facilities.
Credit cards such as American Express,
Diners Club, Master Card and Visa are widely
accepted.
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All visitors must fill-out the
Arrival/Departure Card, Custom's
Declaration and, if required, the
Traveler's Declaration Form (TDF) and
Quarantine Form. The forms and cards
are distributed to all inbound
visitors. The TDF has two sections and
columns for residents and
non-residents to declare their
currencies; the blue section for
residents and the white for
non-residents.
Residents are only required to declare
in detail the exact amount of Ringgit
carried when they enter or leave the
country if the amount is in excess of
RM1, 000. They are also required to
declare in detail the exact amount in
foreign currency, including traveler's
checks carried, when they leave the
country only if the amount exceeds the
equivalent of RM10, 000.
Residents do
not have to declare any amount of
foreign currency, including traveler's
checks, carried with them when they
re-enter the country.
Residents are required to keep the TDF
in their passport when leaving the
country and surrender it on their
return journey instead of the previous
practice of filling two separate TDFs
when they leave and re-enter the
country. Likewise, non-residents will
continue with the current practice
which requires them to keep the TDF
with their passport and surrender the
TDF on leaving their country. |
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