Credit cards are gaining more acceptance in China for use by foreign visitors in major tourist cities. Useful cards include Visa, Maaster Card, American Express, JCB and Diners Club. They can be used in most mid-range to top-end hotels (three star and up), Friendship Stores and some department stores. Note that it is still impossible to use credit cards to finance your transportation costs; even flights have to be paid for in cash.

Credit card cash advances have become fairly routine at head branches of the Bank of China, even in places as remote as Lhasa. Bear in mind, however a 4% commission is generally deducted.

Money

As in the rest of China, Renminbi (RMB) is the legal currency in Tibet. Only the Bank of China offers foreign exchange services and facilities in Tibet and certain up market hotels (Lhasa Hotel, the former Holiday Inn, and Tibet Hotel). The Bank of China has a main office (0891-6835078) and several sub-branches in Lhasa, which all cash travelers' checks while only the main office offers cash advances on major credit cards (MasterCard, Visa, Diners Club and Amex). Its main office is located on Lingkhor Bei Lu 28, north of the Yak Statue and its hours of operation are 9:30 am -1pm and 3:30 - 6:00pm, Monday to Friday. Another convenient sub-branch lies on Beijing Dong Lu, between the Kirey Hotel and the Banak Shol Hotel. Its hours of operation are 9:30am-6:00pm, Monday to Friday, and 11am-3pm, Saturday and Sunday. The Bank of China Shigatse office, near the Shigatse Hotel, can provide travelers' checks exchange services also. Cash advances on credit cards are not available here. Zhangmu has two sub-branches also. Due to a lack of conversion outlets, visitors may have to change their extra RMB on the black market before their exit