General
Lusaka
Livingstone
Street Currency Exchange Tricks
Black Market Rate Shortchanges
In busy urban areas like Lusaka markets or border crossings, individuals posing as helpful locals offer street-side currency exchange at rates better than official ones, such as claiming 1 USD for 25 ZMW when the bank rate is about 20 ZMW. They distract you during the count, provide counterfeit notes, or give less than agreed, exploiting tourists' unfamiliarity with Zambian Kwacha denominations.
How to Avoid This Scam
- Exchange money only at licensed banks or bureaux de change in secure locations like airports or malls.
- Verify notes using a UV light app on your phone and count money twice in front of the exchanger.
- Avoid engaging with street hawkers and report incidents to Zambia Police Service stations.
Fake ATM Card Scams
At ATMs in major towns, scammers install skimming devices on machines in shopping areas or near tourist sites, capturing card details while an accomplice observes your PIN. Victims might withdraw money and find their accounts drained later, with losses up to several hundred ZMW per incident.
How to Avoid This Scam
- Inspect ATMs for unusual attachments and cover the keypad when entering your PIN.
- Use ATMs inside banks during business hours and opt for those with CCTV.
- Monitor your bank statements regularly via mobile apps and set transaction alerts.