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PESOS-----exchange dollars at bank or use ATM??

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Anaheim, California
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58 posts
4 reviews
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PESOS-----exchange dollars at bank or use ATM??

I have not been to Cancun for years. For anyone thats been lately is it easier to exchange money at the bank or withdral from the ATM??? Thanks for the help.

Canada
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5,053 posts
20 reviews
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1. Re: PESOS-----exchange dollars at bank or use ATM??

Use the ATM at the bank, you may end up in the line inside the bank for a long time.

Cancun
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1,211 posts
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2. Re: PESOS-----exchange dollars at bank or use ATM??

And at the banks you must bring copy of your passport ...

at the ATM Exchange rate is always better than the bank's agent

Southern California
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12,846 posts
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3. Re: PESOS-----exchange dollars at bank or use ATM??

ATMs, last time I exchanged USD in Tulum I waited in line for 40 minutes at the bank.

Calgary
Destination Expert
for Akumal, Riviera Maya, Cancun
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8 reviews
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4. Re: PESOS-----exchange dollars at bank or use ATM??

The general rule is that ATMs are the better choice BUT you need to check with your own bank to see what sort of fees they will charge you for foreign withdrawals. Some banks are quite reasonable; others, not so much. If your bank charges excessive fees, ATMs may still be a viable option but you'll want to withdraw more cash less frequently so as to minimize the pain of those fees.

buena, nj
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176 posts
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5. Re: PESOS-----exchange dollars at bank or use ATM??

can you exchange at your resort?

Cancun
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1,211 posts
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6. Re: PESOS-----exchange dollars at bank or use ATM??

At the resorts exchange rate is always very bad.

Best is in ATM, but check with your bank the international fees

Toronto, Canada
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9 posts
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7. Re: PESOS-----exchange dollars at bank or use ATM??

We've just returned from Playa del Carmen area (4/14). You could probably use USD exclusively - just bring some small notes for early tipping. One bank would not even exchange USD (Banca Norte in Tulum). Hotel rate was around 11.4, street 'cambio' rate and major supermarkets was about 12.54.

8. Re: PESOS-----exchange dollars at bank or use ATM??

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