Where to exchange money in Palompon
If you’re planning a trip to Palompon, 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 Palompon. 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 Palompon
If you have a need to use cash, here are some recommendations to exchange foreign currency in Palompon.
Just remember, there's no such thing as completely free or 0% commission when exchanging money. Always check the mid-market exchange rate beforehand so you know the real value of your money.
| Money Changer | Address | Contact Information |
|---|---|---|
| Western Union | 596 Lopez Street, Palompon, Leyte, Philippines | +63 53 338 2280 |
| Western Union | Orais Building, Rizal Street, Palompon, 6501 Leyte, Philippines | +63 2 8858 5999 |
| Palawan Express Pera Padala | Arrellano Street, Barangay Central lll, 29XM+W87, Palompon, 6538 Leyte, Philippines | +63 917 928 1381 |
| PNB LEYTE-PALOMPON | G/F, Municipal Bldg, Rizal Street, Palompon, 6538 Leyte, Philippines | +63 53 555 9041 |
| Metrobank Leyte - Palompon | Ipil 1, Public Market, Palompon, 6538 Leyte, Philippines | +63 2 8555 8213 |
| Palompon Express Travel and Tours | Evangelista Street, Palompon, 6538 Leyte, Philippines | +63 53 555 9214 |
| RD Pawnshop | 392M+387, Magallanes, Palompon, Leyte, Philippines | +63 53 555 8496 |
| GENERIKA DRUGSTORE | Magallanes St.,central III, Poblacion Palompon Leyte, 392M+28R, Palompon, 6538 Leyte, Philippines | +63 917 847 9961 |
| Cebuana Lhuillier Pawnshop - Palompon | Rizal St, Palompon, 6538 Leyte, Philippines | +63 909 380 5102 |
Philippine peso rate today
The currency used in Palompon, as well as the rest of Philippines is Philippine peso.
However, when visiting a currency exchange shop you will notice they use currency codes. The code for Philippine peso is PHP. Keep an eye out for this if you want to compare exchange rates.
What you should know about exchanging money in Palompon
Before exchanging money in Palompon or any foreign city, it's important to be informed to avoid excessive charges and get the best deals. Consider opening a bank account in Philippines for long-term stays or substantial investments like buying property or cars.
1. Beware of 'zero fee' services
Services claiming 'no commission' often offer poor exchange rates, not reflecting the mid-market rate, leading to hidden profits for them.
2. Check the exchange rate beforehand
Familiarize yourself with the base rate to identify a bad deal from exchange services.
3. Avoid exchanging money at airports or hotels
Convenience comes at a price, as airports and hotels usually offer poor rates and high transaction fees.
4. Use ATMs strategically
Check if your home bank has partnerships in Philippines banks to avoid extra ATM fees, and inform your bank before traveling.
5. Opt for local currency
When using an ATM abroad, choose to be charged in Philippine pesos for a fairer rate and avoid undisclosed exchange rates and additional fees.
Money exchange at the tip of your fingers
Out with carrying only cash when you're abroad. The world has gone digital and so can you.
With a Wise account you can exchange currency at any time, almost everywhere in the world.
Access over 70 currencies in just a few clicks and pay wherever you are with the Wise card.
Say goodbye to the analog way. Say hello to Wise
Other currency exchanges
Bottom line
As you can see, there are plenty of options for exchanging money in Palompon. 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.