CASAS DE CAMBIOS
(houses of money)
Casas de Cambios are money (currency)
exchange houses or booths, located at airports, and near
shopping or tourist areas. A Casa de Cambio will
ex-change your travelers checks or cash to pesos at rates slightly lower than what you could receive at a bank.
They are convenient though as they are open after the banks
close and do not have the long line-ups banks do. There
are Casas de Cambios located in Barra de Navidad, Melaque and
TIPS & HINTS
When exchanging money, it pays to shop
around as the exchange rates often varies between Casas de Cambios. Know what the bank rate is before you use a
Casa de Cambio. That way, you'll know what your losses
or gains are. Some charge commissions, so be sure to ask.
Always have your passport and
identification ready before going up to the tellers window,
and only sign and date your travelers checks in the tellers
After the teller hands you money,
always take the time to count it in front of the teller before
the next person steps up to the window (caja). If you
walk away and later find a discrepancy, you will have no
recourse for correction. Always ask for small bills, as
small stores can not change large ones.
Always refuse torn or defaced bills
as most businesses will not accept them. If you get one by
mistake take it to a bank for replacement.