Thread: Medellin Reports
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03-04-21 14:54 #44529
Posts: 6223Originally Posted by MarquisdeSade1 [View Original Post]
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03-04-21 14:45 #44528
Posts: 1214Originally Posted by MojoBandit [View Original Post]
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03-04-21 14:40 #44527
Posts: 6223Originally Posted by JjBee62 [View Original Post]
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03-04-21 14:36 #44526
Posts: 216ATM exchange Markup
There is a 6% to 8% markup by most banks ATMs. The trick is to decline the conversion rate, we need to carefully figure out what screen is asking that question since its not straight forward.
A number of ATM just do the mark up without giving the customer a choice to decline this conversion. I only figured it out on the last couple of days I was in Medellin.
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03-04-21 14:31 #44525
Posts: 216Originally Posted by MarquisdeSade1 [View Original Post]
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03-04-21 13:37 #44524
Posts: 4258How any ATM performs has as much to do with the card someone is using as it does with the ATM. In other words, the banks that issue ATM debit cards have policies for daily withdrawal limits, which ATMs will accept it, and other features, sometimes including adjustments to the rate of exchange. All the same, ATMs are the least risky way to obtain local currency because you don't need to have cash on hand that you could lose. The airport ATMs are plentiful and well maintained so in that sense they are a good option. Airport ATMs are however known the world over by ne-er do wells as the place to scope out potential robbery victims. Why, because the users are often fatigued, disoriented because they are mostly from out of town (local residents don't often use airport ATMs except for small convenience transactions.) As always, and especially if you are going to make a large cash withdrawal, you must be vigilant about your surroundings and who may be watching. Another advantage of ATMs is for the relatively small cost of 6,000 to 10,000 pesos per transaction you can withdraw only as much cash as you may need for a day or two.
Originally Posted by JohnnyO [View Original Post]
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03-04-21 12:20 #44523
Posts: 3296Originally Posted by MojoBandit [View Original Post]
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03-04-21 10:45 #44522
Posts: 261ATM Advice
Quite a bit of talk here about ATM's so I'd like to offer my advice, especially for first timers. Overall using ATM's in Medellin at least was a bit of a nightmare. When you first arrive at the airport this is your best opportunity to load up on as much cash as possible. As you exit arrivals go up the stairs and use the cash machines there and just as you exit the terminal back downstairs there are some just to the left.
There are some machines in the airport which I can't remember the name of which as far as I can remember were giving up to 600,000 - 900,000 free. I would recommend using a number of different cards for withdrawls, prepaid cards work well for this.
Back in Medellin I never saw these machines again. The only free one that worked in Medellin was BBVA but the limit was 300,000 which is nothing especially if you have a card that charges after a certain amount of uses which mine will start to do next month. BBVA was very hit and miss, sometimes the atms worked and sometimes they did not, one night I had a taxi driver drive me around a few BBVA machines trying to find a working one. I know it was not just my card as others would leave the ATM shaking their head and telling me its not working.
Some atms just flat out did not work with my cards, bancocolombia was one and I think Bogota bank. The other guys I was with experienced similar issues. I never had these issues with atms around the world before.
The whole thing was a bit annoying as I would get worried if I was going to run out of cash especially if I needed some for the day ahead. At one point I got fed up dealing with atms and just decided to withdraw a large amount, over 1 million as far as I can remember from daviendenda and pay the fee which was around $30-$40 USD but it would not work when I declined their exchange rate and even when I accepted it, so I was stuck with BBVM and one other which worked with a fee directly across from BBVM on 70 a block from mondongos.
So as I said, get as much as possible at the airport spread over a number of cards. If anybody knows exactly where the free machines are in Medellin, the same as at the airport please share as I will be there next month for an extended period.
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03-04-21 10:12 #44521
Posts: 1271Scotia / Colpatria machines
Originally Posted by HuskerDude [View Original Post]
Many thanks if you can.
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03-04-21 04:34 #44520
Posts: 68Thanks for the info
Originally Posted by SankarShetty [View Original Post]
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03-04-21 01:51 #44519
Posts: 590Thanks for sharing. That's some good quality pussy. My type exactly.
Originally Posted by Osteoknot [View Original Post]
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03-04-21 01:46 #44518
Posts: 4258Yes, and there is the further advantage of not being at risk of losing a large sum of cash because you can withdraw as needed.
Originally Posted by HuskerDude [View Original Post]
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03-04-21 01:08 #44517
Posts: 3371Santa mierda
Originally Posted by SankarShetty [View Original Post]
Great report, can I ask what year you were born? Was that 44 pops?
Muchas gracias amigo.
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03-03-21 23:55 #44516
Posts: 441Originally Posted by RacShack [View Original Post]
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03-03-21 22:25 #44515
Posts: 3371Btw
Originally Posted by MarquisdeSade1 [View Original Post]
Nor do I bother giving them money for taxi in the morning when they leave, not that I'm that damn cheap.
But if they want it to be free then its going to be 100% free, and I'm not going to spend $200 usd on incidentals.