Posts tagged Peso Dollar exchange rate

Tip: Citibank Branches and Locations in Cebu City

By on August 6, 2011
This entry is filed under Cebu, Malls, Money, tip and tagged , , , , , , .

Citibank

Image via Wikipedia

For most foreigners such as Americans and Koreans, the main bank they go to when they need to withdraw money is Citibank, probably because it is an international bank. As a help to foreigners who wants to visit Cebu or are already here in Cebu, here are the three locations of Citibank branches in Cebu City.

Ayala Life FGU Bldg., Business Park

The most convenient location of CitiBank is in Ayala Business Park. It is very close to Ayala Center Cebu, just a stone throw away from Ayala Center Cebu Terraces. If you get out of Ayala Center Cebu thru its Activezone Exit beside Breadtalk, all you have to do is cross to the other side and walk 2-3 minutes  and you will find CitiBank. The ATM Machine is open 24 hours a day. It is the most convenient due to the reason that it is very close to Ayala Center Cebu where you can find a higher exchange rate for your dollar if you need to exchange.


View Citibank in a larger map

Jones Avenue, Near Cebu Provincial Capitol

Another convenient location of Citibank Cebu is at Jones Avenue, Cebu City, near Cebu Provincial Capitol and Cebu Doctors Hospital. A 5 to 7 minutes walk from the Capitol, it is found at the right side of Jones, or Osmena Ave. It is a convenient location as it is very accessible to vehicles.


View Citibank Savings in a larger map

Citibank Lahug Brach

There’s another Citibank branch in Lahug area. It is located along Gorordo Avenue corner Rosal Street. Check out the map below.


View Citibank Savings in a larger map

I hope this tip helps for when you need to locate a Citibank.

Note: All maps are courtesy of Google Maps service.

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TIP: Higher Dollar Exchange Rate in Ayala Center Cebu

By on August 2, 2011
This entry is filed under Cebu, Malls, tip and tagged , , , , , .

If you are in Cebu and you chose to exchange your hard earned dollars to pesos in Ayala Center, you may want to know where can you have the highest exchange rate without leaving the mall. Here’s my experience:

Ayala Center Cebu Terraces

Ayala Center Cebu Terraces

Last week, I received a payment in US Dollars and I wanted to exchange it to Pesos so I can deposit immediately to the bank inside the mall. So I went to the nearest money changer which is located in the Terraces. I saw that their rate was 41.90 pesos per dollar. Since this is lower than what I expected, I tried to look for other money changer. But I don’t want to leave the mall for security reasons.

That’s the time I remember what my friend told me that there was one money changer in Ayala Mall that has higher exchange rate compared to the others money changers in the mall. He told me that it was in fact the one located at the Basement level near Rustan Supermarket.

When I came there, I learned that the exchange rate was indeed much higher than others. On that day, the rate in Ayala Terraces and Ground Floor changers is at 41.90 pesos per US Dollar. The rate at the changer in Rustan area was 42.25 Pesos per US Dollar. That was a 0.35 pesos per one US Dollar difference! You may initially think that it was just a small amount but if you are exchanging a sizable amount of money, then you may want to double check.

To give you an idea of how much that difference was, here a few simple comparison:

0.35(1000 dollars)= 350 pesos

0.35(2000 dollars)=700 pesos

0.35(3000 dollars)=1050 pesos

Note: I’m not sure regarding other currencies but I think it would be the same but I still need to verify though.

So the next time you exchange you dollars in Ayala, you know where to go.

Location of Ayala Center (Powered by Google Maps)

View Ayala Center Cebu PUJ Terminal in a larger map