Filipino citizens and foreign exchange traders alike rely on currency exchange services to facilitate smooth financial transactions. The Philippines, being a popular destination for business and tourism, hosts a substantial market for currency exchange. Below are the five largest currency exchange services in the Philippines, known for their reliable rates, extensive services, and reputable brands:
- BDO Unibank
BDO Unibank, the largest bank in the Philippines, boasts a wide network of branches and offices nationwide. Additionally, BDO offers a range of currency exchange services, including spot transactions, forward contracts, and over-the-counter trades. Customers appreciate BDO Unibank’s competitive rates and convenient banking options.
- Metrobank
Metrobank is renowned for its strong presence in the Philippines, with a vast network of branches and ATMs. The bank provides comprehensive currency exchange services, encompassing spot transactions, forward contracts, and personalized advice from experienced dealers. Metrobank’s reputation for reliability and expertise attracts a loyal customer base.
- Philippine National Bank (PNB)
PNB, one of the oldest banks in the Philippines, is known for its extensive branch network and established reputation. Customers can access currency exchange services at PNB branches, including spot transactions, forward contracts, and online trading platforms. PNB is widely recognized for its customer-centric approach and competitive exchange rates.
- HSBC Philippines
HSBC Philippines is a prominent player in the currency exchange market, offering a full suite of services to individuals and businesses. The bank’s expertise lies in spot transactions, forward contracts, and tailored solutions for corporate clients. HSBC Philippines is known for its global reach and commitment to providing exceptional customer service.
- Security Bank
Security Bank has made a mark in the Philippine currency exchange landscape with its extensive network and customer-oriented approach. The bank provides spot transactions, forward contracts, and a convenient online currency exchange platform. Security Bank is popular among businesses and individuals seeking competitive rates and professional guidance from knowledgeable dealers.
The 7 Biggest Currency Exchange Service near Davao City
JLA MONEY CHANGER
- Address: Ground Floor, Poblacion Market Central, C. Bangoy St, Barangay 4A, Davao City, 8000, Philippines
- Map: Click here
- Rating: 4.5 (11)
- Phone: +63 82 225 5608
- Opening hours:
Monday: 9:00 AM – 6:00 PMTuesday: 9:00 AM – 6:00 PMWednesday: 9:00 AM – 6:00 PMThursday: 9:00 AM – 6:00 PMFriday: 9:00 AM – 6:00 PMSaturday: 9:00 AM – 6:00 PMSunday: 9:00 AM – 5:00 PM - Reviews:
2 months agoHighly impressed with the money changers professionalism and transparency. They provided excellent rates. They also have friendly staff and also the owner Jaime. Definitely recommending to others. 5 stars!a week agoThe Shop is Nice and Better than its competitor money exchanger. Theyre friendly and tells you how and why that was the rate.The Dollar rate is good but some currency are low like the Norwegian Kroner. But despite that, theyre still a good and explains why the Norwegian kroner is low.
a week agoAccomodating and friendly staffs, clean and safe location. Reasonable foreign exchange rates. I will definitely come back here.2 months agoBeen here for a couple of times, very accommodating and also the charges are not too high.a year agoThey are at least .60 prsos below the current market. you can much better rates at your bank
MSB Money Changer
- Address: Amgor plaza, Ilios street, Poblacion District, Davao City, 8000 Davao del Sur, Philippines
- Map: Click here
- Rating: 4.5 (2)
- Phone: +63 82 222 3945
- Opening hours:
Monday: 8:30 AM – 5:30 PMTuesday: 8:30 AM – 5:30 PMWednesday: 8:30 AM – 5:30 PMThursday: 8:30 AM – 5:30 PMFriday: 8:30 AM – 5:30 PMSaturday: 8:30 AM – 5:30 PMSunday: Closed - Reviews:
2 weeks agoa year ago
M LHUILLIER
- Address: Simeon Uy King Bldg. door 3, Gempesaw St., Davao City, Davao Del Sur, Philippines
- Map: Click here
- Rating: 4 (2)
Al- Iskandar Money Changer
- Address: Door No: 3, Enriquez Building, Pelayo St, Poblacion District, Davao City, 8000 Davao del Sur, Philippines
- Map: Click here
- Rating:
Xchange
- Address: Robinson’s Cybergate, J.P. Laurel Ave, Bajada, Davao City, 8000 Davao del Sur, Philippines
- Map: Click here
- Rating: 1 (1)
M Lhuillier
- Address: 3H7X+9F9, University of Mindanao Dr, Matina, Davao City, 8000 Davao del Sur, Philippines
- Map: Click here
- Rating: 2.8 (4)
M Lhuillier
- Address: 176 San Pedro St, Poblacion District, Davao City, 8000 Davao del Sur, Philippines
- Map: Click here
- Rating: 3.9 (8)
Explore prominent consulting firms in neighboring countries, such as those referenced in Cebu City, Manila and Mandalay, to gain insights into the dynamic business landscape of ASEAN. These firms contribute to the region’s enterprise vibrancy, positioning Davao City, Philippines as a hub for strategic insights and innovative solutions.
Top Currency Exchange Service Alternatives in Davao City
The city of Davao, located in the southern part of the Philippines, is a popular tourist destination and a major economic hub. As a result, there are several currency exchange services available in the city to cater to the needs of both locals and visitors. Here are three top currency exchange service alternatives in Davao City:
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1. Abreeza Mall Foreign Exchange
Abreeza Mall is one of the premier shopping destinations in Davao City and is home to many currency exchange services. The Abreeza Mall Foreign Exchange offers competitive rates and is conveniently located in the mall. The service is known for its efficient and friendly staff who are always ready to assist customers with their currency exchange needs. The mall also provides a safe and secure environment for visitors, making it a popular choice for currency exchange services.
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2. SM Lanang Premier Foreign Exchange
SM Lanang Premier is another popular shopping mall in Davao City that offers currency exchange services. The mall is known for its wide range of shops and restaurants, making it a convenient location for currency exchange. The SM Lanang Premier Foreign Exchange is located in a central area of the mall and provides competitive rates. The service is popular among both locals and tourists due to its reliable and efficient service.
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3. Aldevinco Shopping Center Foreign Exchange
The Aldevinco Shopping Center is a well-known shopping center in Davao City, specializing in traditional and ethnic products. The shopping center also houses several currency exchange services that offer competitive rates. The Aldevinco Shopping Center Foreign Exchange is popular among tourists due to its convenient location and competitive rates. The service is known for its reliable and efficient staff who provide excellent customer service.
These top currency exchange service alternatives in Davao City offer convenience, competitive rates, and reliable service. Whether you are a local resident or a tourist visiting the city, these currency exchange services provide a convenient and secure way to exchange your currency.
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.
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