Where to exchange money in Puerto Montt

Are you heading to Puerto Montt? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.

We will give you a list of the best currency exchanges in Puerto Montt that you can visit in person.

There is also a digital alternative to consider by using Wise. This could save you both time and money.

Where to exchange money in Puerto Montt

Are you heading to Puerto Montt? You will want to ensure you are aware of the local currency and how to obtain it. In addition, you may want to keep track of the current exchange rates and where to change your money to the local currency without getting ripped off.

We will give you a list of the best currency exchanges in Puerto Montt that you can visit in person.

There is also a digital alternative to consider by using Wise. This could save you both time and money.

Wise

Spend abroad without hidden fees

Currency exchanges in Puerto Montt

We are aware that there can be times when you need to have some local currency on hand, so avoiding currency exchanges altogether isn't always possible. We have provided a list of currency exchanges you can find in Puerto Montt below.

Don't forget to refresh yourself on the advice in this article to help get the most out of your cash whilst abroad.

Money ChangerAddressContact Information
AFEX - Mall Paseo Costanera Puerto MonttIllapel 10 local TC6 Pasillo Unimarc. Mall Paseo Costanera, 5502864 Puerto Montt, Los Lagos, Chile+56 2 2636 9171
AFEX Puerto MonttDiego Portales 516, 5502987 Puerto Montt, Los Lagos, Chile+56 2 3303 9283
Banco Estado ExpressTomas Urmeneta 290, 5500000 Puerto Montt, Los Lagos, Chile+56 600 200 0011
Cambios BorexGuillermo Gallardo 65, 5502987 Puerto Montt, Los Lagos, Chile+56 65 222 9411
Money Exchange ODIN Csa de cambioGuillermo Gallardo 55, 5502987 Puerto Montt, Los Lagos, Chile
casa bonexGuillermo Gallardo 65, 5502987 Puerto Montt, Los Lagos, Chile
BancoEstado ExpressAntonio Varas 968, 5503309 Puerto Montt, Los Lagos, Chile+56 600 200 0011
CIS Express - Western Union - DHLBenavente 511, Local 102, 5502754 Puerto Montt, Los Lagos, Chile+56 800 802 727
Borex – Casa de Cambios – Rancagua – Puerto Montt – CastroDel Salvador 297-A, 5550203 Puerto Varas, Los Lagos, Chile+56 65 223 7793
AfexSan Pedro 414, Puerto Varas, Los Lagos, Chile+56 2 2636 9111
Ria Money Transfer - TurbusDiego Portales 1001, Of.6, Tnal, Puerto Montt, Los Lagos, Chile+56 600 586 7777
MoneyGramRancagua 126, 1959001 Puerto Montt, Los Lagos, Chile+56 600 950 2020

Notice anything wrong with our results table? Let us know - If there is a genuine mistake, we will do our best to resolve it.

Chilean peso rate today

The currency used in Puerto Montt, as well as the rest of Chile is Chilean peso.

However, when visiting a currency exchange shop you will notice they use currency codes. The code for Chilean peso is CLP. Keep an eye out for this if you want to compare exchange rates.


What you should know about exchanging money in Puerto Montt

When exchanging money in Puerto Montt 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 Chile 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 Chile 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 Chilean 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.

Bottom line

As you can see, there’s no shortage of options when it comes to exchanging money in Puerto Montt. Don't forget to do your research on the exchange rate before converting your money, and check Wise out if you want a fuss-free alternative to exchanging cash.

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.