- East Caribbean dollar (EC$)
- United States dollar ($)
- Euro (€)
Palm Island is tiny, and barely rises above sea level. It is situated less than a mile from Union Island and is encircled by magnificent beaches. There is a very good mooring to the west.
On land, there is a very pretty hotel complex, with small and tasteful bungalows hidden amongst the palms of a coconut plantation. The boutique and bar restaurant are found invitingly on the edge of the turquoise waters.