Money & duty free for Ibiza

Currency information: 

Euro (€) = 100 cents. Notes are in denominations of €500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of €2 and 1, and 50, 20, 10, 5, 2 and 1 cents.

Credit cards: 

American Express, Diners Club, MasterCard and Visa are widely accepted. ATMs are widely available.

ATM: 

ATMs are widely available.

Travellers cheques: 

International traveller's cheques are widely accepted. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros or Pounds Sterling. Traveller's cheques should be changed at banks or exchange bureaux.

Banking hours: 

Mon-Fri, generally 0830-1330.

Currency restriction: 

There are no restrictions on the import or export of local or foreign currency. However, amounts exceeding €10,000 or equivalent must be declared if travelling from or to a country outside the European Union.

Currency exchange: 

Money can be changed in any bank, and at most travel agencies, major hotels and airports.

Ibiza duty free

The following goods may be imported into Ibiza without incurring customs duty by passengers 17 years or older arriving from non-EU countries:

• 200 cigarettes or 100 cigarillos, 50 cigars or 250g tobacco (300 cigarettes, 150 cigarillos, 75 cigars and 400g of tobacco for EU nationals).
• 1L of spirits if exceeding 22% volume or 2L of alcoholic beverage not exceeding 22% volume plus 2L of other wine (1.5L exceeding 22% and 3L if up to 22% and 5L of wine for EU nationals).
• 250mL eau de toilette and 50g of perfume (375mL eau de toilette and 75g perfume for EU nationals).
• 500g of coffee or 200g of coffee extract (1000g of coffee and 4000g of coffee extract for EU nationals).
• 100g of tea or 40g of tea extract (200g tea or 80g tea extract for EU nationals).
• Gifts up to the value of approximately €37.26 (no limit for EU nationals).

Abolition of duty-free goods within the EU

On 30 June 1999, the sale of duty-free alcohol and tobacco at airports and at sea was abolished in all of the original 15 EU member states. Of the 10 new member states that joined the EU on 1 May 2004 and the two states that joined on 1 January 2007, these rules already apply to Cyprus and Malta. There are transitional rules in place for visitors returning to one of the original 15 EU countries from one of the other new EU countries. But for the original 15, plus Cyprus and Malta, there are no limits imposed on importing tobacco and alcohol products from one EU country to another. Travellers should note that they may be required to prove at customs that the goods purchased are for personal use only. Member states may follow the EU's guide levels of: 10L of spirits; 20L of fortified wine; 90L of wine; 110L of beer; 800 cigarettes; 400 cigarillos; 200 cigars and 1kg of tobacco.

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