Money and Currency in Ukraine
Make sure that all of your banknotes are new and crisp. Worn notes that are torn or have writing on them will not be accepted for exchange. You do not require your passport when changing money. Always check you have been given the correct amount and count your money at the kiosk in full view of the cashier.
Be discreet with your money. Like every big city, tourists are targeted by criminal gangs. Beware of thieves and pickpockets, keep your cash hidden and secure
Exchanging Money in Kiev
Exchanging money in Kiev (Kyiv) is easy, especially in the city centre where you will find numerous exchange points. To the uninitiated they look like suspicious holes in the wall, however they are quite safe and generally the most cost effective. Most only exchange US Dollars, Russian Roubles or Euros. Banks will exchange most other European and International currencies but you will not get the same competitive rates. Our advice is that if you are exchanging British pounds or other major currencies then go to Khreschatik Street in the centre of Kiev. Look for the yellow signs displayed outside the kiosks advertising your currency or go inside the larger department stores, most of which provide their own money changing bureaus at good rates.
Cash Machines in Kiev
ATM cards are widely accepted and cash machines are everywhere in central parts of Kiev (Kyiv). ATM machines dispense money in Hryvnia and some will also dispense dollars for an additional charge. Instructions are generally in Russian, Ukrainian and English.
You will find that every large hotel in Kiev has an ATM machine and they can also be found at most department stores. Usually they are located on the outside of buildings on major roads. Card skimmers, cash traps and system hacks are becoming increasingly common, Stay vigilant for anything that looks suspicious.
Using Credit Cards in Kiev
Be sure to inform your credit card company before you leave home that you will be using your card in Ukraine. Make sure you take a mobile phone with you as you may have to contact your bank to authorize withdrawals at an ATM. Never use a machine that looks like it could have been tampered with. Always keep a little bit of spare cash in case you are left short for any reason.Visa and MasterCard are accepted in most decent establishments in Kiev, American Express rarely so. Beware! Credit card fraud is a major problem in Ukraine. It is unlikely that you will have a problem paying for your Hotel, but be careful when paying by credit card in restaurants bars and stores. Consider paying by cash wherever possible.