Quote Originally Posted by A_flyer View Post
Travellers checks are not easy to exchange in the Philippines, better to avoid. For me I always brings 50€ notes as it's easy to exchange in exchange offices and when they are finished I use my card in ATMs. I pay most of the things by cash there as you can have often discounts. I don't know if it's as easy with £ notes (sorry, I seldom use these!).
Money changers transact £ but banks don't.

IMO, you get a better deal using pounds than converting pounds to dollars. You lose some with the exchange comparing pounds to pesos. Because you get converted twice and you get screwed twice, too!

Just keep a few dollars handy, just in case and don't bother with traveller's check.