Botswana International University of Science & Technology - BIUST

Money/Currency

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Currency
The Botswana currency is the Pula (meaning ‘rain’ in Setswana).

It is divided into 100 thebe (meaning ‘shield’ in Setswana). Travellers’ cheques and foreign currency may be changed at banks, bureaux de change, and authorised hotels.

The US dollar, Euros, British Pound and the South African Rand are the most easily convertible currencies.

Automatic teller machines accept foreign visa cards, but are mostly found in larger towns and cities. Cultural sites and community art and craft outlets usually only accept cash.

Banks
Seven main commercial banks, as well as a number of foreign exchange bureaux, operate in Botswana.

Banking hours
Monday to Friday 8:30-15:30
Saturday 8:30 to 10:45

Credit cards
Major credit cards, such as MasterCard and Visa, are accepted throughout the country, in most hotels, restaurants, retail outlets and safari companies. However, shops in remote areas and service stations may only accept cash.


Source: Botswana Tourism Organization

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