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Currency & Money

CURRENCY, MONEY AND  BANKING

Currency Units
The currency unit is the Kazakhstani tenge  (KZT).

The following denominations are in circulation:
Notes: 200, 500, 1,000, 2,000, 5 000, 10,000 and 20,000 KZT.
Coins: 1, 2, 5, 10, 20, 50 and 100 KZT.
US dollars, Euros and British pounds can be exchanged locally in banks and exchange offices.

Credit Cards
Kazakhstan’s banking system complies with most international standards. Credit/debit cards are commonly used for transactions. However, cash is generally preferred in retail, small trading and catering points and taxis. Most of the major international credit cards including American Express, Visa and Diners Club are accepted in large hotels, shops and restaurants in Almaty and Astana. Outside of these main cities, acceptance is limited. Travelers’ cheques, particularly American Express, can be exchanged in banks in Almaty. Foreigners are advised to take travelers’ cheques in dollars. Cash machines, bank departments and exchange offices have widespread network in Astana and Almaty.

The following links provide useful information for locating ATMs/banks throughout the world:

American  Express
(www.amexnetwork.com/atmfinder/);

MasterCard
(www.mastercard.com/us/personal/en/cardholderservices/atmlocations);

Visa
(http://visa.via.infonow.net/locator/global).

Currency  Controls
Currency regulations relate to the import and export of currencies based on normal travel expenses and is subject to change. Expatriates should consult with the appropriate national bank for details on recurrent payments and capital payments.

Import/export currency controls
Nationals, as well as foreign visitors and residents of Kazakhstan, may import/export an unlimited amount of cash (national and foreign currency), Travelers’ cheques provided that it is done in compliance with customs regulations. Exported/imported cash, Travelers’ cheques are subject to declaration to customs if the amount exceeds  10,000 USD.