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Turks & Caicos

Money & costs

Money

The Turks and Caicos are unique as a British-dependent territory with the US dollar as its official currency. The treasury also issues a Turks and Caicos crown and quarter. There are no currency restrictions on the amount of money that visitors can bring in.

The country is pricey. Credit cards are readily accepted on Provo and Grand Turk, as are traveler’s checks. Elsewhere, you may need to operate on a cash-only basis. Foreign currency can be changed at banks in Provo and Grand Turk, which can also issue credit-card advances and have ATMs. Major credit cards are widely accepted in the Caicos and Grand Turk. However, credit cards are not widely accepted for small transactions in the more remote cays and islands.

Traveler’s checks are accepted in the Caicos and Grand Turk, but you may be charged a transaction fee of 5%.

If you find yourself in need of an emergency cash injection, you can arrange a telegraphic or mail transfer from your account in your home country via Western Union (Grand Turk 946-2324; Dots Enterprises, Pond St; Providenciales941-5484; Butterfield Sq, Leeward Hwy).