Denominations of METICAIS
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
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
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.
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.