Content Summary
Most travelers take some cash with them to Peru, in the form of dollars, Peruvian nuevos soles, or both. However, if you are traveling in Peru for more than a few days, at some point you will likely want to withdraw money from an ATM (automatic teller machine/cash machine).
Withdrawing money from an ATM is the most common way for travelers to access their funds while in Peru. Moreover, it is one of the simplest methods, as ATMs are found in every city.
ATM Locations
You will find plenty of ATMs in every major city in Peru, and at least a couple in every midsize town. Standalone ATMs are often located near the city center, typically on or near the city’s Plaza de Armas (main square). Alternatively, look for an actual bank, most of which have ATMs inside (see safety below).
You can also find ATMs in some Peruvian airports and occasionally in pharmacies and shopping centers. Be cautious, as some of these ATMs might have higher than average usage fees.
However, small towns and especially villages are unlikely to have ATMs, so take some cash with you. It is advisable to carry nuevos soles in small denominations as many businesses won’t have change for larger notes.
As a side note, Peruvian ATMs typically provide two language options: Spanish and English. If you don’t speak the local language, choose English/Inglés when you see the Language/Idioma option.
Debit and Credit Cards
Visa is the most widely accepted card (tarjeta) in Peru, and nearly all ATMs accept Visa for cash withdrawals. You will also find some ATMs that accept Cirrus/MasterCard, but Visa is predominant.
Before traveling to Peru, always inquire with your bank about using your credit and debit cards abroad. In some instances, you will need to inform your bank that you will be using your card in Peru. Even if you do this, don’t be surprised if your card is suddenly blocked while you are abroad.
If an ATM will not allow you to withdraw money, it may be out of order or out of cash (or you entered your four-digit PIN incorrectly). Consequently, try another ATM. If no ATMs will dispense cash, there is no need to panic. The local network may be down, or your card might be blocked. Visit the nearest locutorio (call center) and call your bank; if your card has been blocked for any reason, you can typically get it unblocked swiftly.
If an ATM swallows your card, you will need to contact the bank associated with the ATM. Retrieving your card can be a lengthy process, but be polite, project your best “I’m sad and helpless” demeanor, and you will eventually reclaim your card.
ATM Fees and Withdrawal Limits
Most ATMs in Peru do not charge you a transaction fee; however, your bank back home likely imposes a fee. This charge is frequently between $5 and $10 for each withdrawal (sometimes more). Moreover, there might be an additional 1 to 3 percent transaction fee on all credit and debit card withdrawals abroad. Always check with your bank about ATM fees in Peru prior to your travels.
GlobalNet ATMs do impose a withdrawal fee. You will find these ATMs in Lima airport. If you need to withdraw cash upon arrival, it is advisable to avoid GlobalNet and opt for another machine with lower or no fees (you will find several alternatives inside the airport).
All Peruvian ATMs have a maximum withdrawal limit. This can be as low as S/.400 ($130), but S/.700 ($225) is more common. Furthermore, your bank may also have a daily maximum withdrawal limit in place, so it is wise to inquire before traveling.
Available Currencies
Most ATMs in Peru dispense nuevos soles and dollars. In general, withdrawing nuevos soles makes more sense. However, if you are about to leave Peru for another country, it might be wise to withdraw dollars instead.
ATM Safety
The safest place to withdraw money from an ATM is inside a bank. Many banks contain at least one ATM.
If you need to withdraw cash from an ATM on the street, it is best to avoid doing so at night or in a secluded area. A well-lit ATM located on a reasonably busy (but not overly crowded) street is a good option. Always be aware of your surroundings before, during, and immediately after withdrawing money. If you feel anxious about using an ATM, consider asking a friend to accompany you.
If you notice anything unusual about an ATM, such as signs of tampering or anything “stuck on” (like a false front), refrain from using the machine.
