Bali Money Changer Scams: How to Avoid Being Tricked on Your Trip

This time, we’ll provide a detailed explanation of the money exchange scams that actually happen in Bali, covering their methods and countermeasures!

Please read to the end and make your Bali trip safe and comfortable!

The Reality of Rampant Money Exchange Scams in Bali

In Bali, you can exchange money at various places such as the airport, money changers in town, and hotels, but among them are malicious operators conducting scams.

You need to be very careful when traveling to Bali.

Money Exchange Scam Tactics: See Through the Clever Traps!

There are various tactics used in money exchange scams, but here are three particularly common ones to watch out for.

Tactic 1. Snatching Bills

This is a tactic where they snatch bills while you are counting the exchanged money.

For example, they might fan out the bills to show you, then snatch a few while counting, or take them when putting the money into an envelope after the exchange.

It’s done with such sleight of hand that it’s hard to notice.

Tactic 2. Mixing in Small Denomination Bills

This is a tactic where they secretly mix small denomination bills into the exchanged money to reduce the total amount.

For example, they might slip 10,000 Rupiah bills among 100,000 Rupiah bills, or in the case of Japanese Yen, slip 1,000 Yen bills among 10,000 Yen bills.

This tactic is often used, especially when exchanging large bills, so be cautious.

Tactic 3. Rigging the Calculation

This is a tactic where they manipulate the calculator to give you less money than you’re owed.

For example, they might deliberately enter the wrong numbers into the calculator or shift the decimal point.

This tactic is often used when the exchange rate is complex or when exchanging a large amount of money, so be careful.

Countermeasures for Money Exchange Scams: Prepare in Advance & Act Calmly!

To prevent becoming a victim of money exchange scams, it’s important to be well-prepared in advance.

<5 Key Points to Counter Money Exchange Scams>

1. Be Wary of Money Changers in Town with Rates That Are Too Good:

• Exchanging money at major authorized money changers in town or at a bank is the safest way, although the rates might be slightly worse.
• Rates differ between money changers, so it’s a good idea to compare rates from several places beforehand.
• Choose major, authorized money changers that have a sign saying “AUTHORIZED MONEY CHANGER (resmi)”.

2. Confirm the Rate Before Exchanging:

• Before exchanging, always confirm the rate and calculate the expected amount with a calculator.
• Be aware that the rate quoted verbally might differ from the actual amount exchanged.

3. Have the Exchange Done in Front of You:

• Always have the exchange done right in front of you and watch carefully as they count the bills.
• Once you leave the money changer, it’s unlikely they will help you if a problem arises later.

4. Do Not Use Suspicious Money Changers:

• Avoid exchanging money on the street or at places offering rates that are too good to be true, as they are likely scams.
• Pay attention to the surroundings and the attitude of the staff. If anything feels slightly off, refrain from using that place.

5. Recount the Money Yourself One Last Time Before Putting It in Your Wallet:

• A common tactic is for them to distract you at the end of the transaction by saying something like, “Give me change,” and snatching some bills while your attention is diverted.
• When you receive the money, always recount it yourself.

Once you put the money in your wallet, the money changer will not listen to any complaints. Be sure to recount the money yourself in front of the staff before accepting it.

What If You Get Scammed…?

If you do get scammed, stay calm.

A culture of corruption still remains within the Indonesian police, so if the amount is not large, it’s a wise decision to accept the loss and move on.

If You Absolutely Cannot Accept the Loss?:

1. Contact the Japanese Embassy or Consulate General:
   • Explain the situation and get the necessary support.
   • Embassy of Japan in Indonesia

Conclusion: Prevent Money Exchange Scams with Preparation and Caution!

This time, we’ve explained the tactics and countermeasures for the rampant money exchange scams in Bali.

Bali is a charming tourist destination, but unfortunately, scams targeting tourists do exist.

Money exchange scams are a crime that can be prevented if you prepare in advance and are careful.

Please use the points introduced in this article as a reference and enjoy a safe trip to Bali!

Indonesian Phrases to Learn Before Visiting Bali

Don’t Forget Souvenirs on Your Bali Trip!

Finally

References & Articles