2006-08-06 08:54:13 · 11 answers · asked by pac 2 in Travel ➔ Asia Pacific ➔ Philippines
I would just use an ATM. I've never been to the Phillipines, but I've traveled in Europe, South America, and Asia, among other places, and this is what I always do. You'll get a much better exchange rate, and you can do it repeatedly. Two cautions. First, your own bank probably has a limit on how much you can take out per day, and weekends sometimes count as 1 day. I've been bitten by this before, so try to plan your withdrawals with this in mind. Second, only use ATMs that are built into the building, preferably with a guard outside. Don't trust those portable ones that you see in stores. In some countries, these are a scam.
2006-08-06 14:32:18 · answer #1 · answered by arbeit 4 · 0⤊ 0⤋
FIRST OF ALL...avoid banks, they have the worse rates.
You can exchange money at the airport and it's pretty close to the same value that you would find on yahoo, maybe a couple of centavos off (no big deal).
I personally advise getting money exchanged at..*gasp* Money Exchang Booth's, which are all over. Avoid the Stores and whatnot, just do money changers which are very easily spotted since 75% of them say "Money Exchange" on the window or sign.
ATM's are by far the best and easiest, and they do exist out here. I personally advise bringing 1/2 the money you intend to spend out here and leave 1/2 of it in the bank for ATM withdraw. This way, if you lose your bag or wallet you aren't in trouble.
2006-08-09 17:32:58 · answer #2 · answered by Brock 2 · 0⤊ 0⤋
Any Bank will do in Manila, however, if you want a higher exchange rate try going to Sanry's Money Exchange...they have outlet in most shopping malls like SM, Glorietta, They have higher exchange rate than Banks....
2006-08-08 04:32:38 · answer #3 · answered by jnablo1125 1 · 0⤊ 0⤋
In the United States everytime I travel to Cebu I either A) transfer the money before going to the philippines or B) get the money transferred by these people we know in the Phillippines who will give us the right deal.
2006-08-06 15:59:08 · answer #4 · answered by gasdf a 2 · 0⤊ 0⤋
You can go to the usual moneychangers. However, you should check out some pawnshops (with so many poor people, the Philippines has lots of pawnshops). In particular, Czarina Pawnshop (they have many branches) offers one of the best exchanges rates.
Banks have the lowest exchange rate. So if I want to maximize my moolah, I wouldn't exchange my euros there.
2006-08-09 07:56:37 · answer #5 · answered by Yeye Vonnel 2 · 0⤊ 0⤋
Before. Better do that 'at home'. Usually a lot cheaper at your own bank. Or just use an ATM, that amounts to the same thing.
2006-08-06 15:57:34 · answer #6 · answered by Puppy Zwolle 7 · 0⤊ 0⤋
Use your ATM card but try not too carry a lot of cash. There are a lot of pickpockets. I use my credit card when I'm there.
2006-08-10 11:53:23 · answer #7 · answered by marylebone 2 · 0⤊ 0⤋
go to any banks or if not to any malls like rustans, robinsons or sm , they have forex counter just give some id for verification
2006-08-06 20:01:37 · answer #8 · answered by lepactodeloupes 5 · 0⤊ 0⤋
The bank or at SM.
2006-08-06 23:56:03 · answer #9 · answered by Don Richard G 2 · 0⤊ 0⤋
a bureau de change!
2006-08-06 15:57:16 · answer #10 · answered by LOL 5 · 0⤊ 0⤋