The US dollar is the official currency of Turks and Caicos. Most hotels, restaurants and taxi services accept traveler's cheques, which can be cashed at local banks. Most credit cards are accepted and banks offer ATM's as well as cash advances on credit cards.

The official currency of the Turks and Caicos Islands is the United States Dollar (USD). Despite being a British Overseas Territory, the islands adopted the U.S. dollar to facilitate trade and tourism, as the vast majority of visitors arrive from North America. All prices for hotels, restaurants, and excursions are quoted in USD, and you will receive change in U.S. coins and bills. While you may occasionally see the Turks and Caicos Crown in the form of commemorative coins used by collectors, they are not used for daily commerce. Most businesses throughout the islands, particularly in the tourist hub of Providenciales, accept major credit cards like Visa and Mastercard, but carrying some cash is recommended for small purchases, tips, and local taxi fares. Because the currency is the same, American travelers do not need to worry about exchange rates or conversion fees when visiting these Caribbean islands.