Money & ATM Scams in Funchal, Portugal
Card skimming, currency exchange fraud, dynamic currency conversion, and cash cons. Below are the money & atm scams scams reported in Funchal — how they work and how to avoid them.
For broader context, compare this scam type with nearby destinations like Mykonos, Barcelona, and Krakow.
Last updated: April 2, 2026
1
Money & ATM Scams Scams
10
Total in Funchal
How it works
Informal money changers approach tourists near Funchal's Mercado dos Lavradores and along Rua do Aljube offering euro exchange rates slightly better than bank rates. They count out the exchanged cash quickly, folding notes in a way that hides one or two bills, or mix lower-denomination notes into the middle of the stack. The shortfall is only noticed after the changer has moved on.
See all scams in Funchal
10 total warnings across all categories