Start Overview back next Language

Currency and monetary affairs

On Corsica, you pay with French Francs (F, FF or FRF), the subunit is Centimes (cent. or cts.); 100 Centimes = 1 Franc. Centimes are available in coins of 5, 10, and 20, while Francs are available in coins of 1/2, 1, 2, 5, and 10, and in banknotes of 20, 50, 100, 200, and 500.

1 FF really isn't that much money; here are some exchange rates (August 1993). 100 FF buy you 30 DM, 17 US$ or 12 GBP. To get a feeling for the prices, Germans multiply by 3 and divide by 10, Americans divide by 6, and Britains divide by 8.

If you are a European, you are well off with Eurocheques; they are cashed in nearly everywhere (except for restaurants where it is not common practice to pay with cheques). Nearly all kinds of credit cards are accepted as well, VISA seems to be the best choice. You won't encounter problems with traveller cheques, every bank, post office or exchange office will cash them in (but American Express traveller cheques are not accepted at post offices). Don't take cash in other currencies with you (except for nest egg), you won't get good exchange rates.

When paying with a Eurocheque you are requested to show an identification document, and that can be a problem because it is common practice on camp sites to deposit a passport to make sure you are going to pay. It's a good thing to have several documents.

Some banks charge fees when cashing in cheques, so ask the clerk for it and avoid the bank if it does. Post offices generally don't charge fees.

Eurocheques of up to 1400 FF are normally cashed in, and that's about European average. Your bank at home will do the exchange and (of course) will charge you a fee of about 1-2%, so don't issue a lot of cheques with small sums but go to the bank or post office once a week and get enough money.

Start Overview back next Language