are efficient and typically charge around US$2-3 for foreign
exchange transactions. Moneychangers do not charge a commission but
their rates vary, so make sure you know the current rate before
approaching one. For cash, you'll generally get a better rate at a
moneychanger than a bank. Moneychangers are also generally quicker
to deal with.
credit cards are accepted at upmarket hotels, shops and restaurants.
If you have a credit card with a personal identification number
(PIN) attached, you can obtain cash advances from ATMs. Banks in
Malaysia are linking to international banking networks, which allow
you to withdraw money from overseas savings accounts through ATMs.
Check with your bank at home to see if you can withdraw money from
your home account while in Malaysia.
Tipping is not
customary in Malaysia. The more expensive hotels and restaurants add
a 10 per cent service charge to their bills. All hotel rooms are
subject to a 5 per cent government tax, though many cheaper hotels
quote a price inclusive of this tax. Bargaining is commonplace in
markets and in many tourist shops. Treat it as a polite form of
social discourse rather than a matter of life and death.