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The unit of currency is the Islensk Krona (ISK), plural kronur, divided into 100 aurar. Iceland's three banks, Islandsbanki, Landsbanki Island and Bunaoarbanki, all offer foreign exchange facilities and can be found in even the tiniest villages. Most have ATMs on their premises, available after banking hours, which are usually Monday to Friday from 9.15am to 4pm. Credit cards are widely used in Iceland for purchases and cash advances, and travellers cheques are accepted by all banks and most hotels. Travellers cheques in US dollars get the best exchange rate charges.
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