Is there a fee-free ATM at Manila Airport (MNL) and what is the maximum withdrawal amount per transaction?

Upvote:0

You can try asking for a Visa or MasterCard cash advance at the exchange window, for an amount greater than the ATM limit. Use a Visa or MC debit card, not credit card, as credit cards start charging interest the moment you get the advance. Many debit card issuers treat a cash advance as a purchase not an ATM withdrawal so don't charge any ATM fee, though you need to check with your bank in advance. Some banks charge a service fee for cash advances, so again ask first.

The limit on withdrawals from an ATM is a physical one, the machine can only process 20 banknotes at a time. So the maximum a machine can dispense would depend on whether the ATM was stocked with 1000 peso or 500 peso notes. Banks stock their ATMs differently based on location, rural locations where locals take only small amounts have small denomination bills, in tourist areas where big withdrawals are common, they load bigger notes. This further effects max amount possible.

If you are only looking for enough Pesos to get into town and have some spending money for that first day, I would just bring some cash and swap it at the exchange window when you arrive. Then the next day explore the banks & exchange services in town to find the best place to get the rest of your travel cash needs.

Upvote:1

IF you can get an account in USA...

Schwab bank visa debit refunds any ATM fees at the end of each month. They use the bank exchange rate when getting non-U.S. funds at an ATM. Same rate if I use it for a purchase.

I have heard of other banks with similar terms, but I can't name them.

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