Money & ATM Scams in Palma de Mallorca

Resort Area ATM Currency Conversion Trap

ATMs in Palma's tourist-heavy zones — particularly along Passeig Marítim, near the Cathedral, and in the Playa de Palma resort strip — routinely present a dynamic currency conversion screen that charges visitors 8–12% above the interbank rate. The machines are often branded with familiar international logos, lending them an air of legitimacy. Independent ATMs inside souvenir shops and beachside kiosks are the worst offenders.