The 7 Biggest Currency Exchange Service in Cebu City

Handling international transactions and facilitating seamless money exchange is crucial for the economic ecosystem. The Philippines possesses a robust network of currency exchange service providers, enabling individuals and businesses to carry out financial transactions effortlessly. Among these providers, five standout as the largest players in the market, offering comprehensive services and maintaining a strong reputation for integrity, reliability, and competitive rates.

• Philippine National Bank (PNB)

As one of the most established banks in the Philippines, PNB boasts a wide network of branches and touchpoints, catering to the currency exchange needs of individuals and businesses. Its extensive physical presence, coupled with its online banking platform, offers convenience and accessibility.

• Banco de Oro (BDO)

Renowned for its extensive branch network and digital banking solutions, BDO is a trusted name in the currency exchange industry. Its seamless online platform, BDO Online Banking, allows customers to conduct currency exchange transactions securely and effortlessly, making it a preferred choice for individuals and businesses.

• Metropolitan Bank and Trust Company (Metrobank)

Metrobank consistently ranks among the top currency exchange service providers in the Philippines. With its strong financial standing and robust customer service, it has gained the trust of individuals and businesses seeking reliable currency exchange services. Its wide network of branches and ATMs ensures convenient access to foreign currency.

• Land Bank of the Philippines (Landbank)

Landbank is a prominent government-owned bank that plays a significant role in the currency exchange market. Its extensive network of branches and its commitment to providing affordable foreign exchange rates have positioned it as a reputable choice for individuals and businesses. Landbank’s online banking platform offers a convenient option for those seeking currency exchange services.

• Security Bank Corporation (Security Bank)

Security Bank is known for its innovative approach to banking and its strong presence in the currency exchange market. It offers competitive exchange rates and a range of services tailored to meet the specific needs of its customers. Its online banking platform, SB Online, provides a secure and user-friendly interface for conducting currency exchange transactions.

The 7 Biggest Currency Exchange Service near Cebu City

Portside Money Changer

• Address: Inside Passenger Terminal 1, Cebu Port Authority Brgy, Cebu City, 6000 Cebu, Philippines
• Map: Click here
• Rating: 4.8 (36)
• Phone: +63 968 882 8878
• Opening hours:
  
  Monday: Open 24 hours

  Tuesday: Open 24 hours

  Wednesday: Open 24 hours

  Thursday: Open 24 hours

  Friday: Open 24 hours

  Saturday: Open 24 hours

  Sunday: Open 24 hours
• Reviews:
  
  Jeremy Davie✭✭✭✭✭

  a month ago

  Simply amazing. Quick delivery, amazing rates. No hassle. And they deliver for a fair price. They can’t be beat. So if you are needing currency exchange, then look no further. This is the place to go.

  Phil Pynor✭✭✭✭✭

  4 months ago

  I need to change two different currencies into Aussie dollars. They were extremely helpful, had a great rate and delivered to the house. Great friendly service. A1! Will use again.

  cupoftea _✭✭✭✭✭

  10 months ago

  I needed some yen pocket money for my japan trip, but I didn’t have enough time to go to the bank or check out rates of different money exchangers in the city. Plus, it was the weekend too. I was able to chat with the owner here and she was very nice and accommodating. The rates were pretty good too! This will definitely be my go-to for any future trips. I’ve already recommended their service to other people. Thank you!!

  Joel Wen✭✭✭✭✭

  a month ago

  all money exchange stores were closed at night, the changer still helped us to have exchange. The Best money exchange ever

  Traveling Existence✭✭✭✭✭

  7 months ago

  I highly recommend Portside Money Changer in Cebu City. I was able to message them on fb messenger, and determine the exchange rate, and they sent a person to my location. Extremely convenient and good exchange rate!

Alchor Forex Money Changer

• Address: Third Floor, Elizabeth Mall, Leon Kilat St, Cebu City, 6000 Cebu, Philippines
• Map: Click here
• Rating: 4.7 (33)
• Phone: +63 32 514 6900
• Opening hours:
  
  Monday: 9:00 AM – 8:00 PM

  Tuesday: 9:00 AM – 8:00 PM

  Wednesday: 9:00 AM – 8:00 PM

  Thursday: 9:00 AM – 8:00 PM

  Friday: 9:00 AM – 8:00 PM

  Saturday: 9:00 AM – 8:00 PM

  Sunday: 9:00 AM – 8:00 PM
• Reviews:
  
  Do The DREW✭✭✭✭✭

  5 months ago

  FAST AND EASY! Exchange from ph to malaysian ringgit for 12.80 as of today.

  Johnny Liu✭✭✭✭✭

  2 months ago

  Friendly staff, great rate, did I say great ? I’m sorry they got the BEST rate in Cebu, don’t bother with other rip offs CAD to PHP was at 40.55 and I got it at 40.40, which is insane

  Analie Lobo✭✭✭✭✭

  3 weeks ago

  NT Dollar is currently ₱2 and their exchange rate is ₱1.70 ❤️ I inquire other money changers but they only offer ₱1.10. So far I like their service here, fast and efficient.

  L S✭✭✭✭✭

  2 months ago

  If you are looking for the best rates for your money, this is the place. I asked many other places around cebu and their rates were ridiculous. However, this shop had the best rates by far. Highly recommended ?

  L W✭✭✭✭✭

  a year ago

  On 3rd floor next to Mr DIY. Official USD rate 55.21, here is 54.9. SGD 41.00 is even better than Singapore money changer.

SLB Money Changer

• Address: Benigno Du Building, Fuente Osmeña Cir, Cebu City, 6000 Cebu, Philippines
• Map: Click here
• Rating: 4.9 (27)

Mim’s Money Changer

• Address: 8W73+G23, Gorordo Ave, Cebu City, 6000 Cebu, Philippines
• Map: Click here
• Rating: 4.1 (13)

Vhez Money Changer

• Address: 7VWX+VX8 Colonnade Mall, 90 Colon St, Cebu City, 6000 Cebu, Philippines
• Map: Click here
• Rating: 4.7 (7)

Drop-By Foreign Exchange

• Address: 110, Doña Luisa Building, Fuente Osmeña Cir, Cebu City, 6000 Cebu, Philippines
• Map: Click here
• Rating: 5 (5)

M.S. Money Changer

• Address: Robinson’s Place, Santa Cruz, Cebu City, Osmena Boulevard, 6000, Philippines
• Map: Click here
• Rating: 5 (6)

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Top Currency Exchange Service Alternatives in Cebu City

When it comes to currency exchange services in Cebu City, there are several popular options that offer competitive rates and convenient locations. Here are the top three alternatives:

• 1. Czarina Foreign Exchange – Czarina Foreign Exchange is a well-known currency exchange service in Cebu City. They have multiple branches across the city, including in popular shopping centers such as Ayala Center Cebu and SM City Cebu. Czarina offers a wide range of currencies, and their rates are often competitive. They also provide additional services such as remittance and bills payment. With their convenient locations and reliable reputation, Czarina Foreign Exchange is a popular choice among locals and tourists alike.
• 2. Sanry’s Money Changer – Sanry’s Money Changer is another popular currency exchange service in Cebu City. They have branches in key locations, including SM City Cebu and Robinsons Galleria Cebu. Sanry’s is known for their competitive rates and efficient service. They offer a wide range of currencies, and their friendly staff are available to assist customers with their exchange needs. Sanry’s Money Changer is a trusted choice for both locals and visitors who are looking for reliable currency exchange services.
• 3. Metrobank – Metrobank is one of the leading banks in the Philippines, and they also offer currency exchange services. Having a bank as an option for currency exchange can be advantageous because they often have better rates and lower fees compared to standalone money changers. Metrobank has multiple branches in Cebu City, making it convenient for customers to exchange their currencies. With their reputation for reliability and security, Metrobank is a popular choice for those who prefer to exchange their money at a bank.

With these top alternatives for currency exchange services in Cebu City, locals and tourists have reliable options to exchange their money conveniently and at competitive rates. Whether you choose Czarina Foreign Exchange, Sanry’s Money Changer, or Metrobank, you can be confident in their service and trust them with your currency exchange needs.

Thank you for taking the time to read our article. For more in-depth reviews and comprehensive ratings on the Currency Exchange Service spots, please explore the recommended articles listed below.