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Denominations of METICAIS

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1 – One Metical                                                              1 - Um Metical

2 - Two Meticals                                                            2 - Dois Meticais

5- Five Meticals                                                             5 - Cinco Meticais

10 - TenMeticals                                                           10 - Dez Meticais

20 - TweMeticals                                                          20 - Vinte Meticais

50 – Fifty Meticals                                                        50 -Cinquenta Meticais

100 – One Hundred Meticals                                   100 – Cem Meticais

200 – Two Hundred Meticals                                   200 - Duzentos Meticais

500 – Five Hundred Meticals                                   500 - Quinhentos Meticais

1000 –One Thousand Meticals                            1000 - Mil Meticais



Banks, Credit Cards and Foreign Exchange


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CASH AND OTHER PAYMENT FACILITIES      

Visitors to Mozambique should be aware that it is difficult to obtain large amounts of cash in Maputo with a credit, debit or cash card. There are various “ATM’s” from various banks that allow for removal of local currency only.  Cashing a traveler’s cheque is expensive and facilities are not available everywhere in the Country.  It is not possible to obtain fuel from filling stations with any card at all. It should also be noted that foreign currency is not freely available, as it is imported as required and as per law all negotiations/payments should be done in the local currency.

Most hotels and restaurants will accept credit cards, and US Dollars or Rands.  Expect to have the exchange rate determined by the supplier or vendor!

BANKING FACILITIES

There are a number of commercial banks in Mozambique, with their head offices in Maputo, which provide bank account service to individuals and companies.  The opening and maintaining of bank accounts by residents are subject to Mozambique Exchange Control Regulations – requirements and restrictions are applicable – which should be discussed with the bank before the opening of a bank account.

 


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