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    ATM Fee Guide
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    ATM Fees in Madagascar

    Malagasy Ariary (MGA) • Updated April 2026

    Madagascar is heavily cash-based. Card acceptance is very limited, mainly in Antananarivo. ATMs available in cities but unreliable. Bring EUR or USD to exchange.

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    Tips for Madagascar

    • • Cash essential for most transactions
    • • Cards only at upscale hotels in capital
    • • EUR preferred for exchange
    • • BNI and BOA have most ATMs
    • • ATMs often empty or out of service
    ✈️

    Airport tips

    • • Antananarivo airport has ATMs
    • • Bring EUR or USD cash
    • • Exchange only what you need
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    Don't forget your home bank fees

    The fees shown above are charged by local ATMs. Your home bank may also charge additional fees for international withdrawals (typically 1-3% + a flat fee). Check with your bank before traveling.

    Estimated daily expenses

    How much cash you might need per day in Madagascar, per person.

    Your currency:

    Backpacker

    Hostels, street food, public transport

    105,000-270,000 MGA

    MGA/day

    🏨 Accommodation40,000-100,000 MGA
    🍜 Food & drinks20,000-50,000 MGA
    🚌 Transport15,000-40,000 MGA
    🎟️ Activities30,000-80,000 MGA

    ≈ $25.22-64.85 USD

    Mid-range

    Hotels, restaurants, mix of transport

    340,000-770,000 MGA

    MGA/day

    🏨 Accommodation150,000-350,000 MGA
    🍜 Food & drinks60,000-120,000 MGA
    🚌 Transport50,000-100,000 MGA
    🎟️ Activities80,000-200,000 MGA

    ≈ $81.66-185 USD

    Luxury

    Premium hotels, fine dining, private transport

    1,000,000-2,300,000 MGA

    MGA/day

    🏨 Accommodation500,000-1,200,000 MGA
    🍜 Food & drinks150,000-300,000 MGA
    🚌 Transport150,000-300,000 MGA
    🎟️ Activities200,000-500,000 MGA

    ≈ $240-552 USD

    Cash vs card acceptance

    Where you'll need cash and where cards work in Madagascar.

    Credit card acceptance

    Very Low

    Cash economy. Cards only at select places in Antananarivo.

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    You'll need cash for

    • • Almost everything
    • • Hotels (many)
    • • Restaurants
    • • Transport
    • • Guides
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    Cards usually accepted

    • • Some upscale hotels in capital
    • • Rare restaurants

    💰 Cheapest banks for foreign cards

    These banks charge the lowest fees for withdrawals with foreign cards.

    BankATM FeeEst. CostBranches
    BNI Madagascar10,000-20,000 MGA~3.00 USD50
    BOA10,000-20,000 MGA~3.00 USD40
    BFV-SG15,000-25,000 MGA~4.00 USD30

    📍 Most widely available ATMs

    Sorted by number of ATM locations. More branches means easier access, but fees may be higher.

    BankATM FeeEst. CostBranches
    BNI Madagascar10,000-20,000 MGA~3.00 USD50
    BOA10,000-20,000 MGA~3.00 USD40
    BFV-SG15,000-25,000 MGA~4.00 USD30

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