We noticed that you're using an unsupported browser. The TripAdvisor website may not display properly.We support the following browsers:
Windows: Internet Explorer, Mozilla Firefox, Google Chrome. Mac: Safari.

ATM Question

Orlando, Florida
6 posts
Save Topic
ATM Question

If I use a Wells Fargo Credit or Debit card in Colombia to withdraw cash from an ATM, will the exchange rate be any different from what I would get if exchanging in the US beforehand?

The Money Exchange process is the most confusing part so far.... I've already gotten some pesos from my bank for the first day, etc... I'm wondering if it is actually worth it to wait until I arrive in Colombia.


Orlando, United...
Level Contributor
1 post
6 reviews
Save Reply
11. Re: ATM Question

Banks are the same anywhere and will get you one way or the other. The exchange rate is actually set by visa or master card ... Their website have calculators that let you check the daily exchange rate... The fees are handled by your bank...For ATM I was just hit US$5 by my bank each time I took money and I used different banks in Colombia , all the same fee. So at the end either taking cash and exchanging it at the airport or withdrawing money will come about the same, to me the difference was minimal. It comes to risk... Bringing dollars and the risk of losing them or use a card with the piece of mind that if there is a problem the bank will probably back you up.

Don't use street ATMs, use mall or in store like ATMs to decrease your risk of getting your card cloned. Sadly it quite common!

Edited: 12 January 2016, 13:40
12. Re: ATM Question

-:- Message from TripAdvisor staff -:-

This topic has been closed to new posts due to inactivity. We hope you'll join the conversation by posting to an open topic or starting a new one.

To review the TripAdvisor Forums Posting Guidelines, please follow this link: http://www.tripadvisor.com/pages/forums_posting_guidelines.html

We remove posts that do not follow our posting guidelines, and we reserve the right to remove any post for any reason.

Removed on: 12 January 2017, 16:17
Get answers to your questions about Bogota