Colombia > Bogotá > Banks and money

Banks and money

There are casas de cambio (money changing houses) everywhere. They offer decent deals but shop around because rates may differ. However, rates for exchaging cash are significantly lower than the official rate. Do NOT change money on the street if someone offers to pay good cash for your dollars - it's a rip-off. You can also take out money if you carry a credit or debit card. This way you can get the best rate, but be aware of your home bank fees for international withdrawals, Colombian banks don't charge for their use. Be CAREFUL - thieves maybe watching. Do it in the daytime, cover the keyboard while typing your PIN and go back to your hostel to deposit the cash. Also, when paying for something with a credit card, do not let you card out of your sight.

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The best way to get cash is to use your debit/credit card and take money out of an ATM - ATM's are also everywhere in the cities.

• American Express office, Cra 6 nº 14 # 74 oficina 904, tel 313 11 46. Receiving money from abroad:
• Western Union, Avda Jimenez Cra 4 # 74, 1 floor, tel 651 05 00.
• MoneyGram (via American Express), Calle 53 nº 26 # 60 Carulla, tel 255 66 49.

(This guide needs improvement)

First posted by Peter on May 21, 2008, 18:04. Last edit by viajero123 on Nov 24, 2008, 21:32. Edit this | History.

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dagui says on Jun 20, 2008, 06:51: how does one get monthly pesos from rentals out of country 0 funny, 0 helpful.

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