Where to exchange foreign currency in the philippines
WHERE TO GET FOREIGN CURRENCY IN THE PHILIPPINES - Great Ideas! ✈️
where to get foreign currency in the
Philippines if you've been to the
Philippines before then you've most
likely worked out how you like to get
your foreign currency when you're in the
Philippines but for the newbies I'll
tell you what I do when in the
Philippines when I need Filipino pesos
and what I believe the smoothest and
easiest way is for those of you looking
for the best air fares and accommodation
online then be sure to check out my
comparison travel website holiday escape
travel in the pin comment below around
four to six weeks out from traveling to
the Philippines I usually order around
nine thousand pesos online through
travel XCOM dot au and for my USA
viewers it would be travel XCOM I will
put the links in the description below I
find that the exchange rate is around
the same as other foreign exchange sites
online and I don't worry too much about
the point - or point three and the
dollar when ordering a small amount of
pesos in Australia I can pick up my
pesos within around five business days
and they'll email me to tell me what
date my order will be ready
I can then pick it up from my local post
office which for me is very handy as my
post office is only around about a two
minute drive from where I live I do
believe in the USA things work very
similar to the way they do here in
Australia but for our USA viewers be
sure to check out the Travel XCOM site
for all the up-to-date information and
as I said guys I'll put the links in the
description box below so what do I
believe it's important to order pesos
prior to going to the Philippines after
all
can I get pesos in the Philippines you
may be thinking the answer is yes you
can get posters from money changes which
you can find at the airport and all
throughout the Philippines but if you
don't know where to find it you may have
to ask around and sometimes for whatever
reason the money changes may be closed
for an hour
and you'll have to wait and you never
know really know what rate they're going
to give you especially when they see
you're a foreigner for me I'd like to
get my vacation off to a smooth start
and knowing I have the money for a taxi
or a grab ride from the airport to the
hotel and to be able to pay the hotel if
I haven't already done so online also
usually my flight will arrive around 6
p.m. in Manila so but it's all my clear
immigration and get settled into the
hotel I'm looking to get some food and
having Filipino currency ensures I'm not
searching around the city for a local
foreign exchange shop and really guys I
do try to avoid the small foreign
exchange shops as much as possible in
fact I haven't used one myself
but I have seen YouTube video where
foreigners have been given a lower rate
than the advertised right so my best
advice is get some foreign currency
before you go and as I say avoid the
small foreign exchange shops ok so right
now you might be thinking yourself well
you only take nine thousand pesos that
will go fairly quick so what do you do
after you're nine thousand pesos is gone
and you're needing to get more money
there are many different ways people can
get foreign currency while in the
philippines apart from the foreign
exchange shops run by a small business
owner you can obviously go to an ATM
that accepts your credit or visa debit
card but some places in the philippines
the ATMs have been known to run out of
money and some people say the fees can
be a little high which when i use my
debit card in 2018 I think the fees were
between two and three hundred pesos per
transaction now to me that wasn't too
bad and certainly not my first choice of
obtaining pesos when in the Philippines
and guys just a little side note here
it's always good to have at least two or
three different ways to obtain money
when you're in the Philippines for
example if you were to lose your debit
card or credit card it can take some
time to get that replace when you're in
the Phillipa and say you know
other ways to obtain money while you're
there so always they have at least two
or three options available and another
option is a travel card where you can
load up a certain amount of your money
in your currency and all be accepted by
ATMs in the Philippines with no fees
charged at least that's my understanding
I did use a travel card back in 2013 and
I wasn't charged any fees but perhaps
things have changed in 2020 I don't know
but it's something to check out and
there are several different options
around obtaining your money through
online services while you're in the
Philippines services such as worldremit
and all but remit and many others
depending what country you may come from
you can send your money to yourself and
go to a collection point in the
Philippines with your ID and collect
your money there for me I like to use
Western Union and I've done so since
2013 I find Western Union very easy to
use and the money is available within
minutes so by the time you transfer the
money online to yourself and walk to the
nearest Western Union Center the money
will be cleared and ready to pick up and
there are many Western Union pickup
locations all over the Philippines which
makes it really convenient to use and I
find the fees or anything from three
dollars upwards depending on the amount
that you're transferring also you might
find when you go to pick it up at some
locations they might charge you a very
small fee now I'm not sure what that fee
is always about but some places they
charge it in other places they don't
with Western Union so I'm not really
sure what the go is there but sometimes
it might be in our 30 or 40 pesos as I
say everyone's different as to what
service or the way they want to get
their Filipino pesos and usually when on
holidays I don't worry about comparing
the rates too much as I look more for
the ease of transaction and quick access
with no problems from getting my cash
but whatever weiu and access your money
when you're in the
Phillipines one thing I highly recommend
is to get the pre-ordered pesos by
traveling
similar type of services in your country
before you go I'll guarantee you that
once you're in the Philippines you'll be
glad that you did get those pesos before
you left and when in the Philippines
where will you keep your cash is really
something you need to think hard about
forget your wallet in your back pocket
unless you want to lose it to a manila
pickpocket expert they'll be looking for
such a gullible foreigner who does such
a thing what I always do is have a money
belt that wraps around my waist and sits
underneath my clothes it's very discreet
but be sure to go somewhere private to
access your larger notes out of that
money belt
smaller notes and coins can go in your
pocket for easy access for smaller
purchases or jitney or bus rides etc
money belts to purchase are very
inexpensive and it probably advised that
you just take a spare one in case you
lose it or it breaks on you while you're
in the Philippines so that's pretty much
what I do around getting Philippine
pesos when I'm in the Philippines and
that works for me very well if you have
been to the Philippines before what
works for you it would be great to read
your comments below and to give people
who are new going to the Philippines
some different ideas that may suit them
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