I changed pounds for pesos at a couple of moneychangers in Manila and got a decent rate at the time. I found one in a branch of SM that was fine. Similar in Boracay.
Interestingly some credit card companies and banks are now supposed to be dropping charges on currency exchange. Saw that in the news a few days ago. Could make things altogether different.....
http://www.dailymail.co.uk/news/arti...=feeds-newsxml.
Also interestingly, it is not possible to change IOM notes in Phils or most other places, come to that. As I found out, even in remoter places like Boracay - they were still able to spot the difference between a UK 5 pound note and a IOM 5 pound note. Managed to slip one to a Manila taxi driver as he pestered me for a "souvenir" - teehee. The only place outside of the IOM that seems to take them is in Liverpool.....
