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World Travel Guide > Guides > Caribbean > Bahamas

the fp is money-duty-free

Money and duty free for Bahamas

Currency and Money

Currency information

Bahamian Dollar (BSD; symbol B$) = 100 cents. Notes are in denominations of B$100, 50, 20, 10, 5, 3 and 1, and 50 cents. Coins are in denominations of 25, 15, 10, 5 and 1 cents.

The Bahamian Dollar has parity with the US Dollar and the latter is also accepted as legal tender.

Credit cards

American Express, Diners Club, MasterCard and Visa are widely accepted. ATMs are available on the major islands in airport terminals, at banks, casinos and at other convenient locations.

ATM

ATMs are available on the major islands in airport terminals, at banks, casinos and at other convenient locations.

Travellers cheques

To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars.

Banking hours

Mon-Thurs 0930-1500/1600, Fri 0930-1700.

Currency restrictions

Permission is required from the Central Bank of The Bahamas to import local currency, which may be exported up to a maximum of B$70. The import and export of foreign currency are unlimited.

Currency exchange

Available in banks, bureaux de change and hotels.

Bahamas duty free

Overview

The following goods may be imported into the Bahamas by persons aged over 18 years of age without incurring customs duty:

• 200 cigarettes or 50 cigars or 454g of tobacco.
• 1L of spirits.
• Goods up to the value of B$100 (visitors), B$300 (residents) or B$500 (residents who have been out of the country for a year or more).

All beer imported into the country is subject to duty.

Banned Imports

Prohibited imports include indecent or obscene material, counterfeit currency and underwater guns. 

Restricted imports include firearms, fireworks and firecrackers.

Banned Exports

Goods manufactured or produced more than 100 years ago are subject to export restrictions (eg historical and archaeological artefacts or zoological/botanical specimens).