National Bank of Tuvalu, Vaiaku, Funafuti Atoll, Tuvalu - stock photo

Vaiaku, Fongafale island, Funafuti Atoll, Tuvalu: National Bank of Tuvalu - Tuvalu does not have a monetary authority or central bank - the banking sector in Tuvalu is effectively unregulated - the National Bank of Tuvalu, one of only two banks in Tuvalu, performs some monetary functions for the government, including the holding of government accounts and foreign assets. In theory since 1976, Tuvalu has its own currency (the Tuvaluan dollar) but the country continues to use Australian banknotes as official currency - Funafuti Atoll is the capital of Tuvalu.