Where to exchange money in Ormoc
If you’re planning a trip to Ormoc, it will definitely be useful to know how to obtain the local currency. Additionally, you may want to be aware of the current exchange rate and the most convenient places to exchange your money.
On this page, we’ll provide you with a list of the best places to exchange currency in Ormoc. We’ll also introduce you to an alternative, Wise, which may be more cost-effective and save you the hassle of visiting a physical location.
Spend abroad without hidden fees
Currency exchanges in Ormoc
If you’re still into the idea of carrying cash around and exchanging it, here are some popular foreign currency exchange locations in Ormoc.
One reminder, though: there’s no such thing as fee-free or 0% commission foreign exchange transactions. So, always check the mid-market exchange rate in advance, so you know how much your money’s worth.
| Money Changer | Address | Contact Information |
|---|---|---|
| Western Union | Real St, Gf, Sm Center, Ormoc, 6541 Leyte, Philippines | +63 2 8888 0000 |
| Richie's Pawnshop and Money Changer (Western Union) - Ormoc City | Ground Floor Manuel Building, Lopez Jaena Street, Poblacion, Ormoc City, 6541, Leyte, Ormoc, Leyte, Philippines | +63 53 561 5655 |
| Core Pacific Money Exchange | Robinsons Place, Ormoc, Leyte, Philippines | |
| Robinsons Place Ormoc | 2JG3+3R7, Palo - Carigara - Ormoc City Rd, Ormoc, Leyte, Philippines | |
| Western Union @ Robinsons Ormoc | 2JG4+67X, Ormoc, Leyte, Philippines | |
| Robinsons Department Store Ormoc | Level 1 & Level 2, Robinsons Place Ormoc, Brgy, Ormoc, Leyte, Philippines | |
| MoneyGram | 398 F A Larrazabal St, Leyte Region Viii Eastern Visayas, 6531 Leyte, Philippines | +63 48 433 4110 |
Philippine peso rate today
When you're in Ormoc, and also the rest of Philippines, the official currency is the Philippine peso.
Yet, when you step into a currency exchange shop, you'll notice they use currency codes. The code associated with the Philippine peso is PHP, so be sure to take note of it when comparing exchange rates.
What you should know about exchanging money in Ormoc
When exchanging money in Ormoc or any foreign city, it's important to be aware how to get the best deals and avoid excessive charges and hidden fees. If you are planning on staying in Philippines long-term or looking to make a larger investment you could consider opening a local bank account. Otherwise, use the tips below to help avoid getting overcharged.
1. Be wary of 'zero fee' services
Some services claiming 'no commission' often offer poor exchange rates. These may not reflect the mid-market rate, similar to what you'd see when checking the rate on Google. This can lead to higher costs for you and more profits for them.
2. Research the exchange rate
Check what the current exchange rate is so it's easier to spot a bad deal from currency exchanges.
3. Avoid exchanging money at airports or hotels
It may be highly convenient, but airports and hotels will almost always offer poor rates and high transaction fees. Avoid this where possible.
4. Use ATMs strategically
Check if your local bank has partnerships in Philippines banks to avoid unwanted ATM fees. It's becoming less of a requirement, but it can be good to inform your bank before traveling too.
5. Pick local currency on ATMs and card payments
When using an ATM abroad, choose to be charged in Philippine pesos for a fairer rate and fees. The same applies if you get the option on card machines.
Consider an alternative to physical currency exchanges
Say goodbye to overcomplicated currency exchange. Wise can help you get a better deal on currency conversion in over 40 currencies, with the mid-market exchange rate and low fees.
Open a personal Wise account online or in the Wise app, and order a linked debit card for a one-time fee to spend and withdraw money in 150+ countries.
There’s no fee to spend any currency you hold, and no foreign transaction fee to worry about. Use your account when you travel or shop online in foreign currencies, send payments in 70+ currencies, and get your own local account details in 9 currencies.
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Ormoc. Remember to do your research on the exchange rate and get the most out of your trip. For a fuss-free alternative to exchanging cash, check out Wise.
Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.
This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.
We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.