Consider The Abundance Of Atms Before You Transfer Money To Colombia With A Prepaid Debit Card

Like many countries, Colombia has plenty of ATMs available

. However, the difference is that there are many issues involving these machines and criminals. Card cloning can occur anywhere, but it is a major problem in this country. Let your relative know that if the ATM card slot looks different, do not use it. Additionally, they should only withdraw cash in the day, and look around carefully before doing so. Many banks provide indoor ATMs to be on the safe side, so these should be used when possible.

Many ATMs in Colombia have a limit of money that you can withdraw at one time, so your relatives should know this before planning to take out lots of cash. Some have a limit of 300,000 Colombian pesos each time, which is about $152 USD. However, Bancolombia ATMs allow withdrawals of up to 400,000 pesos, or $203 USD. There is also one ATM located in Cartagena that allow withdrawals of about 500,000 pesos, or $254 USD. It is found in the Plaza de la Aduana. In most cases, if your relative needs more than this limit per day, they can withdraw up to two or three separate times each day, but they may have to pay a fee each time.

Aside from using debit cards in ATMs, your relatives can also use them at shops to purchase items. Not every store is guaranteed to accept cards, but most major hotels, stores, and restaurants in Cartagena and Bogota do accept them. It is wise to also carry some cash in the form of Colombian pesos in case your relative wants to purchase products at a store that does not take cards.

Before you transfer money to Colombia with a prepaid debit card, you need to ensure that it will be usable by your recipient. Fortunately, in this country, it should be quite helpful. However, having alternative options is important in case your relative is not comfortable using a card, or does not live near any ATMs. In such a case, you may have to endure the typically higher fees of using a bank to transfer money to Colombia.

by: Peter Frampton

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