indonesia central bank launches new website licensed money changers in bali

Needing to change some currency but nervous to fall prey to Bali’s notorious moneychanging scams?

Well the central bank is hoping to help folks exchange money fearlessly, by launching a website that maps out officially licensed moneychangers on the island. 

Bank Indonesia’s Bali province office set up the website early in November 2016 and has already gotten a thousand users since going live, according to the office’s head, Iman Karana. 

Karana says the bank has set up the website to combat the stigma moneychangers are facing in Bali due to fraudsters who trick and take advantage of foreign tourists.