Thread: Madagascar
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03-13-23 15:34 #5169
Posts: 96Atm
I haven't brought cash to Mada for probably 10 years or more, since ATMs became reliable. I never got as good a rate exchanging cash as at an ATM, it was often a hassle to find a good exchange place, and USD are useless otherwise, except as a magnet for theft. Euros are more useful but mostly with ex-pat businesses (tour operators, hotels, not food). Last time I was there, middle 2022, I was able to withdraw 800 k AR from BFV on Nosy Be with my MasterCard debit, and got a rate 4000 AR / USD. Have never seen a limit as high as 1. 2 million, but you can withdraw 800 k as many times as you want up to your own banks daily withdrawal limit.
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03-13-23 09:52 #5168
Posts: 994Originally Posted by Golfinho [View Original Post]
Do it as you like but don't teach the majority here what's right.
Euros or Dollars cash in Madagascar in the brousse is of no use at all!
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03-12-23 15:55 #5167
Posts: 2374Originally Posted by Kako123 [View Original Post]
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03-12-23 14:32 #5166
Posts: 151Cash is the best when you hide it very well. Buf if you are coming here for 3 months, isn't it risky to carry all the money for 3 months? And banks don't give good exchange rates for usd or euro here and small notes worth less. For example 5, 10,20 euro. They give less money for these bills, it is strange isn't it?
Originally Posted by Golfinho [View Original Post]
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03-12-23 10:10 #5165
Posts: 1490Cash
Originally Posted by Golfinho [View Original Post]
La Buse.
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03-11-23 21:36 #5164
Posts: 645Originally Posted by Neddy69 [View Original Post]
Like example revolut allowed just 200 euros / pounds free ATM withdrawal per month after that charge 2 percent on top on any withdrawal and has just 300 euros / pounds maximum ATM withdrawal limit per day. Also if you use it on weekends its gives very bad exchange rate. Of course in depends from card issuer also but Mastercard for me wins against visa. If you don't use mastercard and don't know advantages or can't get the one who don't have any charges not need share misleading information. I have visas and mastercards and know which is better for me to use in africa to lose less money on using cash machines.
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03-11-23 21:09 #5163
Posts: 329I went for Red and Black only
The fee was 8'000 A per draft and I did have with maestro allays top rate.
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03-11-23 21:07 #5162
Posts: 2374Originally Posted by Neddy69 [View Original Post]
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03-11-23 15:11 #5161
Posts: 329Looking for trouble?
It has been said I the forum what kind of behavior is potential dangerous in Mada, many times! Some get the kick out of it by looking for SW but after sunset that's looking for trouble. Take care! On my first visit I observed a gang fight just next tho the sole entrance. The doorman with the famous Cowboy hat told me not to go anywhere at the moment.
Do your homework! After my first visit I took French classes again. When you speak just a halfway French you will be able to pick up girls everywhere. No French skills means you are a looser right from the start and you are limiting your self constantly frustrated.
LE Glacier, I have been told; do not sit next to the entrance with your back to the door and watching your mobile while talking with the girls! The boys passing behind the window in your back and will snatch your phone that way easy.
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03-11-23 10:29 #5160
Posts: 1490Visa
Originally Posted by Pokeris [View Original Post]
I have my contacts anywhere. And these are not tourists. And MasterCard. I never said it doesn't work. But how much money you get at SocGen or BNI? Not 800.000.
Of course it depends. My Visa credit card charges high rates. And it depends on the Issuer. Generally Visa is the better choice in Africa. Period.
La Buse.
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03-11-23 02:24 #5159
Posts: 151Around 9 pm!
Originally Posted by Kako123 [View Original Post]
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03-11-23 02:22 #5158
Posts: 151Yes I have seen a vazaha (an old one) robbed by small street gangs mostly below 12 years old only 100 meters away from glacier in rue de independence. I was not to far away from the scene but what I could have done. It was so fast. And I don't understand french. The man was around 60,70 years old and the small group of children gangs easily put him on the ground. At least 7, 8 children gangs ha. By the way the man was walking with a girl together (probably from glacier) she did no nothing!.
Originally Posted by Neddy69 [View Original Post]
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03-10-23 18:20 #5157
Posts: 15116% Huh this is too high. I have regular visa (electron) and I lose around %2 %3 or %4 percent per transaction if there is no extra fee from Madagascar bank. If you have mastercard your best bet is MCB bank in Madagascar no extra fee for foreign cards and 800.000 ariary limit per transaction.
Originally Posted by Neddy69 [View Original Post]
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03-10-23 18:04 #5156
Posts: 151I wish I have kept the receipt! But Neddy confirmed this too. It is not a joke!.
Originally Posted by Pokeris [View Original Post]
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03-10-23 17:00 #5155
Posts: 645Useless advice
Originally Posted by Neddy69 [View Original Post]
2 Mastercard's cards which I take with me for travel but prefer Mastercard as I get better rates and no charges. So your statement to cut Mastercard and use visa is useless.