Licensed money changers display an official certificate from Bank Indonesia, prominently show their exchange rates, and provide receipts for all transactions. Look for the official BI logo and certification number displayed at their premises.

Report the activity through our BI-PATROL service. Provide the location and details of the suspected illegal operation, and Bank Indonesia will investigate. Your report remains confidential and helps protect others from potential fraud.

While Bank Indonesia does not directly set exchange rates for money changers, it does monitor market rates and ensures licensed operators maintain fair and transparent pricing. All licensed money changers must clearly display their current rates.

Most licensed money changers in Bali accept major currencies including USD, EUR, AUD, GBP, JPY, SGD, and others. Each money changer may have different currencies available, so it's best to check their currency list beforehand.

Licensed money changers typically offer more competitive rates than banks, especially in tourist areas. However, banks provide added security. Using a licensed money changer verified by Bank Indonesia gives you the best of both worlds - competitive rates with security assurance.