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St. Lucia - Finance



Banking & Currency: St. Lucian banks have a full range of banking and foreign currency services. Cash in local currency can be obtained by credit cards or bank cards through the ATM machines located at most banks. Normal banking hours are from 8: 00 a. m. to 2: 00 p. m. and some banks are open until 5: 00 p. m. on Friday. Banks at the Rodney Bay Marina are also open from 8: 00 a. m. until 12: 00 noon on Saturday.


Currency and Exchange Rate: The unit of currency used in St. Lucia is the Eastern Caribbean Dollar (EC$) but a wide range of currencies such as US$, Canadian dollar, Euro and British pounds are freely convertible in our banks. The EC dollar is fixed to the US dollar at the rate of US$1.00 = EC$2.70 and varies in value along with it against the other world currencies. We are pleased to recommend Global Currency Exchange Network click here for more information.


Departure Tax: 20 USD (EC$54), payable on departure at all airports for all passengers leaving the island.


Duty Free Allowances: The duty free allowance into St. Lucia is 200 cigarettes or 250 grams of tobacco or 50 cigars, one liter of spirits or wine.


Service Charges & Tax: On hotel and restaurant bills there is a Government tax of 8%. A service charge of 10% is also applicable. In some instances these charges are included in prices quoted, so it is best to clarify. The prices on labels in shops are what you pay.


Tipping: Tipping is not automatically added and is customary at about 10% to 12% of bills. Tips are generally accepted by bell hops in hotels, taxis and other persons providing service.



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