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It's always advisable to bring money in a variety of forms on a vacation: a mix of cash, credit cards, debit cards, and, occasionally, traveler's checks.

Currency

The Belize dollar, abbreviated BZ$, is the official currency of Belize. It is pegged to the U.S. dollar at a ratio of 2 Belize dollars to 1 U.S. dollar. Both currencies are acceptable at almost any business or establishment around the country. As long as you have U.S. dollars or U.S. dollar-based traveler's checks, it is entirely unnecessary to change for Belize dollars in advance of your trip. However, travelers from Canada, Europe, Australia, and New Zealand will want to change a sufficient amount of their home currency to U.S. dollars before traveling. To check the very latest exchange rates before you leave home, point your browser to www.xe.com/ucc.

Once you are in Belize, the change you receive will most likely be in Belize dollars, although it is not uncommon for it to be a mix of both currencies. However, do try to have some small-denomination bills for paying taxis, modest meal tabs, and tips.

The branch of the Belize Bank (tel. 225-2107) at the international airport is only open Monday through Friday from 8:30am to 4pm. If you are flying out on a weekend, or outside of these hours, be sure to spend or exchange any Belize dollars beforehand.

Tip: Be careful to note whether or not the price you are being quoted is in Belize or U.S. dollars. Many hotels, restaurants, and tour operators actually quote in U.S. dollars. If in doubt, ask. At a two-to-one ratio, the difference can be substantial.

ATMs

The easiest and best way to get cash away from home is from an ATM (automated teller machine), sometimes referred to as a "cash machine," or a "cashpoint." The Cirrus (tel. 800/424-7787; www.mastercard.com) and PLUS (tel. 800/843-7587; www.visa.com) networks span the globe; look at the back of your bank card to see which network you're on, then call or check online for ATM locations at your destination. Be sure you know your personal identification number (PIN) and daily withdrawal limit before you depart.

Note: Many banks impose a fee every time you use a card at another bank's ATM, and that fee can be higher for international transactions (up to $5/£2.65 or more) than for domestic ones (where they're rarely more than $2/£1.05). In addition, the bank from which you withdraw cash may charge its own fee. For international withdrawal fees, ask your bank.

Note: Banks that are members of the Global ATM Alliance charge no transaction fees for cash withdrawals at other Alliance member ATMs; these include Bank of America, Scotiabank (Canada, Caribbean, and Mexico), Barclays (U.K. and parts of Africa), Deutsche Bank (Germany, Poland, Spain, and Italy), and BNP Paribas (France). Scotiabank has branches in Belize.

It's probably a good idea to change your PIN to a four-digit PIN. While many ATM machines in Belize will accept five- and six-digit PINs, some will only accept four-digit PINs.

Currently, in Belize, you will only find internationally accessible ATMs in major cities or towns and tourist destinations, including Belize City, San Pedro, Caye Caulker, Placencia, Punta Gorda, San Ignacio, Belmopan, Dangriga, and Corozal Town. It's wise to bring some spending cash, and charge the rest of your bills. Try not to rely on your ATM card for an emergency cash bailout.

Credit Cards

Credit cards are another safe way to carry money. They also provide a convenient record of all your expenses, and they generally offer relatively good exchange rates. You can withdraw cash advances from your credit cards at banks or ATMs, but high fees make credit card cash advances a pricey way to get cash. Keep in mind that you'll pay interest from the moment of your withdrawal, even if you pay your monthly bills on time. Also, note that many banks now assess a 1% to 3% "transaction fee" on all charges you incur abroad (whether you're using the local currency or your native currency).

Most major credit cards are accepted in Belize, although MasterCard and Visa are much more widely accepted than American Express, especially by smaller hotels, restaurants, and tour operators. While there are some exceptions, Diners Club and Discover are rarely accepted around Belize.

Some credit card companies recommend that you notify them of any impending trip abroad so that they don't become suspicious when the card is used numerous times in a foreign destination and block your charges. Even if you don't call your credit card company in advance, you can always call the card's toll-free emergency number if a charge is refused -- a good reason to carry the phone number with you. But perhaps the most important lesson here is to carry more than one card with you on your trip; a card might not work for any number of reasons, so having a backup is the smart way to go.

Traveler's Checks

Given widespread acceptance of credit cards and growing prevalence of ATM machines, traveler's checks are becoming pretty anachronistic. Still, traveler's checks are accepted at most hotels in Belize, but less frequently at restaurants. You can buy traveler's checks at most banks. They are offered in denominations of $20, $50, $100, $500, and sometimes $1,000. Generally, you'll pay a service charge ranging from 1% to 4%.

The most popular traveler's checks are offered by American Express (tel. 800/807-6233, or tel. 800/221-7282 for cardholders -- this number accepts collect calls, offers service in several foreign languages, and exempts Amex gold and platinum cardholders from the 1% fee); Visa (tel. 800/732-1322; AAA members can obtain Visa checks for a $9.95 fee for checks up to $1,500 at most AAA offices or by calling tel. 866/339-3378); and MasterCard (tel. 800/223-9920).

Be sure to keep a record of the traveler's checks' serial numbers separate from your checks in the event that they are stolen or lost. You'll get a refund faster if you know the numbers.

Another option is the new prepaid traveler's check cards, reloadable cards that work much like debit cards but aren't linked to your checking account. The American Express Travelers Cheque Card, for example, requires a minimum deposit, sets a maximum balance, and has a one-time issuance fee of US$14.95. You can withdraw money from an ATM (for a fee of US$2.50 per transaction, not including bank fees), and the funds can be purchased in dollars, euros, or pounds. If you lose the card, your available funds will be refunded within 24 hours.

Note: This information was accurate when it was published, but can change without notice. Please be sure to confirm all rates and details directly with the companies in question before planning your trip.