What is the currency in Botswana? How about the banking? | Fair Voyage

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What is the currency in Botswana? How about the banking?

Currency

Botswana’s currency is Pula (which means ‘rain’ in Setswana). It is divided into 100 thebe (which means ‘shield’ in Setswana). Travelers’ 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 (and accepted by some establishments – but, generally, then an inflated rate of exchange will be applied).

Banking

Seven main commercial banks, as well as a number of foreign exchange bureaux, operate in Botswana. Operating hours are Monday to Friday 08h30 – 15h30 and Saturday 08h30 – 10h45.

Full banking services are available in major towns, although ATMs are sprouting up all over the country. Most credit cards are accepted at hotels and restaurants. Cultural sites and community art and craft outlets usually only accept cash.