Practical travel information on Money and costs in Cebu City

Money & costs

Money

There are no end of places where you can change money in Cebu City. The best banks are to be found around Fuente Osmeña and Ayala Center - HSBC is the pick of the bunch. Credit card-friendly ATMs abound (they're in all the malls) but the drawback is the transaction limit, which is usually in the order of P4000 to P5000 - except in the case of the following banks:

Chinabank(F Ramos St) Changes cash and travellers cheques. The ATM is open during bank hours and takes all major cards. There's a P20, 000 transaction limit.

Citibank(Mindanao Ave, Cebu Business Park) Near Ayala Center. Changes cash and travellers cheques. The ATM is open 24 hours and takes all major cards. There's a P15, 000 transaction limit.

Equitable PCI (cnr Gonzales & Borromeo Sts) Issues cash advances on major credit cards and Cirrus/Maestro. There's also a branch at SM City.

HSBC(Cardinal Rosales Ave, Cebu Business Park) Near the Ayala Center. Changes cash and travellers cheques. The ATM is open 24 hours and takes all major cards. The transaction limit is P30, 000.