This page last updated
Sunday, February 10, 2008 17:47
We always were pretty vehment in our advice on money changing; it went like this.....( Before you come to Coron change any traveller's cheques and/or foreign currency into pesos. CHANGE MONEY IN MANILA. DO NOT ATTEMPT TO CHANGE MONEY IN CORON. Expect to lose 10% to 15% if you do not heed this advice!!!.)..... well, like everything else, times change, and so does Coron: they now have an ATM at the Landbank, details hereunder. The exchange rate will still be better in Manila but at least the facility does now exist
We highly recommend Edzen Money Changer on A. Mabini Street, opposite of the 7-11 convenience store, one block North of Pedro Gil. Edzen has the highest exchange rate I have ever seen in the Philippines and is open until 2 am, in case you get off of your international flight at night and are flying to Coron the next morning. Look for their red and yellow sign. When you go in you will go to the window and one of the ladies will slide a plastic tray under the bars at you. Tell her how much you are changing and place it on the tray. Take the number off of the tray and wait for them to call that number a few minutes later. When you go back up to the counter they will ask you how much money you changed and after you tell them, they will pass you the tray for counting. You give back the number. Needless to say, put your money away before you walk outside on the street. A money belt is recommended.
Money Changing in Coron.
If you were stupid enough to ignore the advice given above, or you run out of pesos, money changing is available in the Swagman Travel office and at a Pawnshop in Coron but be prepared to lose the 10-15% mentioned earlier.
There is now an ATM at the Landbank, half way between the port and the market. I haven't used the facility as yet but most Landbank have a Php 10,000.00 limit per transaction, though you can make multiple transactions until you reach the limit on your personal card. This would have to be the preferred way to obtain funds if you didn't obtain them in Manila.
You can also pay with Visa, MasterCard or American Express credit card at the Swagman Travel Office, the Kalamayan Inn, and Sea Dive all of whom will surcharge you 6.5 - 7%.
for the dubious privilege.
Use this link to determine the current exchange rate for your currency.