Getting Pesos From ATMs in the Philippines

street exchange booth rate in the Balibago Pampanga area of the Philippines

I needed cash today, so I went to the local ATM in the Philippines and withdrew 30,000-pesos.  The machine had a limit of 20,000-pesos per transaction, so I had to take 20,000 and then 10,000.  Of course, I was charged the 200-peso charge each time.

I received a conversion rate of 44.54 peso/USD on these withdrawals.  I received a higher rate than at foreign exchange booth.

atm in the philippines

street exchange booth rate in the Balibago Pampanga area of the Philippines  The best rate was at Norma’s Money Exchange and was 44.50 peso/USD.

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