The Philippine Peso (PhP) is the only currency that is accepted in any monetary transactions here in Cagayan de Oro City. If you are carrying any foreign currency, we suggest that you have it changed to Philippine Peso. The local banks here can accommodate your currency exchange needs. You can also approach any money changer but we advice you to be cautious.

Banks

The presence of local rural banks, national and even international banks makes doing monetary transactions such as transacting business and paying bills easy. You can also go to the banks or to various money changers to exchange your foreign currency to Philippine Peso.

Automated Teller Machines are also strategically placed around the city for 24-hour access and for convenience. Most of the ATMs here cater to Bancnet, Megalink and Expressnet affiliated banks.

Credit Cards

Major credit cards are widely accepted here in Cagayan de Or City, Mastercard and Visa are the most common however, some establishment accept Diners Card, American Express, and Cirrus Cards.