Currently living in Kathmandu for two months. A few pointers which may be helpful to future travellers to this awesome country.
- You can use your Monzo card at the vast majority of ATMs in Kathmandu - they all advertise which cards they accept outside so a quick glance for the MasterCard logo is all that is required.
- ATMs are very common in touristy areas (e.g. every street corner in Thamel) and less common as you go further out and outside of major cities.
- All the ATMs are magstripe ATMs. This means your card will be declined unless you turn on magstripe withdrawals in the app.
- ATMs charge a flat fee for international withdrawals which ranges from 500-750 rupees ($5-7). Therefore, withdrawing larger amounts less often is more cost-effective.
- The limit for cash withdrawals depends on the bank but it is often between 25,000-35,000 rupees ($230-$330)
- Few establishments (cafes, restaurants etc.) accept card payments so carrying cash with you at all times is highly recommended.
If anyone has any questions, feel free to get in touch.