Help me roughly speaking MONEY EXCHANGE from US dollar to Philippine peso?
I'm going to the Philippines soon and I want to know the procedure on how to get my money within dollars exchanged to philippine peso.By the way, I'm using a Wells Fargo ATM card.
Where's the best place to enjoy my money exchanged? In the Philippines? Do they do it at Wells Fargo?
Are there extra charges if I hold my money exchanged?
What's really the best thing to do?
I'm clueless..
Please give a hand me I'd really appreciate. :(
Answers: Check the front and back of your Wells Fargo Check Card. Very promising it has the logos of Visa/Electron and MC/Maestro. That pretty much funds any ATM that displays at least one of the logos will adopt your card.
Having been to the Philippines numerous times surrounded by the last decade, a few things to preserve in mind:
Don't expect to find a working ATM at Ninoy Aquino Airport, which doesn't comfort when you need to repay the cabbie or porter off. Hopefully you enjoy some pesos on hand for that. The ATMs simply outside the airport are fully loaded, however.
Same goes for touristy areas resembling Boracay. The ATMs on the main drag are frequently neglected, but if you're savvy enough, you can travel inland to the main road and find ATMs in that.
Find an ATM w/ an armed guard. A sense of security is a virtuous thing.
There are limitations to how much you can withdraw, depending on who you jump to. BPI allows you to withdraw P20,000 per transaction, which is the most I've gotten out of a gadget. A lot will only allow P4,000/transaction, though, so look out for those.
Charges: there's the one for using a non-Wells Fargo ATM. There's the one the other ridge might charge for using their ATM. And there's the exchange rate (which is still better than exchanging traveler's checks at a bank/hotel/Forex but not as good as black market), where on earth there's an additional %age added on.
So I'd travel near a credit card, debit/ATM card, and some greenbacks, so I have adjectives my options at my disposal. Happy traveling.
simply use credit card...
no need bring bread
At Ninoy International Airport!! I think some bank here in the US do adopt exchange currency!
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