If you’re relocating to the British Virgin Islands, you’ll be happy to know the BVI banks and ATMS are part of a world-class banking system. You won’t need to master complicated exchange rates or learn a new system to open a BVI bank account if you’re from North America, as our official BVI currency is actually the US dollar!
Both the US Virgin Islands and the British Virgin Islands use the North American dollar system. Due to the close proximity of the BVI to the USVI, there is much trade between the two countries. That’s the reason the US Dollar (USD) has been the official currency of the BVI since 1959.