Best way to exchange money in Chile and Peru?

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Post by Guest »

  • Cash/Cambios
  • Western Union transfer
How about Chile/Peru? Do you buy some pesos before leaving your country or just take extra cash to exchange it on the street?
Are ATMs expensive in Chile or Peru?
Thanks for your help.

Post by Pepe »

Perú not in airport or Banks, street exchange is better.

Post by Toni »

In Peru I could use BCP ATMs for free, I'm from the UK using Mastercard. I know some other nationalities were maybe charged at BCP but able to use a different bank ATMs instead. Like Scotiabank would charge me but not some others I met.

Post by Natalie »

I just withdraw money from the cash machines. I have a Wise card, so i get two free withdrawls of cash per month up to a certain amount, and then after the charge for withdrawing is really low I've found that the charges are less than what I've lost in the exchange rate when I've exchange USD for local currency. In Peru there are Cash machines you can withdraw money from that don't charge. In Chile I've yet to find one that doesn't charge. In Chile though as a foreign tourist there is a 20% fee on accommodation unless you pay with a foreign credit card or America dollars. But be aware that places wont accept American dollars if the notes are riped, crumpled or have any kind of ink or stain on them.

Post by Taru »

Just use ATMs in Chile. with Revolut card the scotiabank atms are free, other foreign cards the machines will charge 5-8€ per withdrawl.

But good news is, almost everywhere you can pay with your card, do not big amounts of cash is needed

Post by Silviu »

I had USD with me and used exchange offices. Better if you want to avoid ATM/ bank charges. Exchange rate is also better.
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