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12-29-13 14:23 #7472
Posts: 143Originally Posted by Riverstar [View Original Post]
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12-28-13 22:32 #7471
Posts: 1459Originally Posted by Riverstar [View Original Post]
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12-28-13 12:19 #7470
Posts: 105Cebu or Davao
Thinking about a short visit (one week) in March to use up some air miles before they expire I was considering Cebu or Davao just wondering what would be my best bet
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12-28-13 09:33 #7469
Posts: 3230Originally Posted by Econo Tech [View Original Post]
http://www.pdic.gov.ph/index.php?nid1=6&nid2=1&nid3=4
You can check out all the details of HSBC Philippines here:
http://www.hsbc.com.ph/1/2/personal
ET's comment about ". Foreigners can only own 40." refers to ownership of either a business or, more importantly, a condo. Only 40% of the units can be owned by foreigners, so it is worth checking this before you buy.
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12-28-13 03:05 #7468
Posts: 6782Originally Posted by Shango [View Original Post]
Google is the best bet I think plenty of information there.
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12-27-13 19:16 #7467
Posts: 1562Originally Posted by Shango [View Original Post]
More important, it would behoove you to pay up the 20 USD and join the forum officially. Experienced mongers are much more willing to impart information if they think you are not a freerider. Then check out threads for the various cities, note who spends time in each one and has tastes similar to yours, and ask them privately via PM. Then you can also carry on a give-and-take conversation to get at the details. This all takes some focused effort; if you've spent enough to be in the Philippines over the holidays, you should not squander the opportunity by depending on "quick and dirty" inquiries. Joining the forum is one of the best $20 investments you'll ever make.
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12-27-13 10:23 #7466
Posts: 4Question about New Years in the Phillipines
Have a question for the senior members: Where is it best to spend New Year's in the Philippines? Manila? Cebu? Davao? Or Angeles City? The simple answer is: it depends; but I was wondering where you think the most fun is to be had. Currently I'm in Cebu. It's a nice place. Lots of girls in the malls, but a bit low-key and I'm not sure about the quality of nightlife for a New Year's celebration.
Any advice, suggestions, or opinions are welcome.
Thanks in advance!
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12-26-13 02:38 #7465
Posts: 1685Originally Posted by Red Kilt [View Original Post]
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12-25-13 15:55 #7464
Posts: 3230Originally Posted by Wicked Roger [View Original Post]
This means that HSBC Philippines is a separate entity and subject to Philippines banking laws (including how much of your deposit is insured).
However, the HSBC ATMs everywhere are linked and it is easy to withdraw cash anywhere in the world (in my experience, and I have used them in HK, Malaysia, Thailand, Vietnam and Australia with ease).
Special arrangements can be made whereby you pay zero fees for withdrawals. For example, if you deposit whole-of-salary or maybe whole pension cheque in your account each month you will get special benefits.
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12-25-13 15:46 #7463
Posts: 6782Originally Posted by Johan Waans [View Original Post]
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12-25-13 15:17 #7462
Posts: 64Banking in Philippines
Thank you for the information, guys. I found 3 banks which have a branch in my country. HSBC is not one of them.
I guess I will just travel to Philippines and see what happens. As I am used to dealing with none Western economies.
As a last resort I can always transfer my accounts to one of these 3 banks in my home country.
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12-25-13 04:21 #7461
Posts: 6782Originally Posted by Johan Waans [View Original Post]
If not for all local banks I think you will need to show you are a resident.
As Redman says try HSBC. If you are an existing account holder it is easy to open an account here but check the minimum amount to hold in the account. If a Premier holder there is not such nonsense and it is simple to open. If not there is a minimum account balance but is not $100k it is much less and in pesos. Also get a dollar and pesos account
Best is to seek out HSBC in your home country and see hat it advises for the Philippines.
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12-24-13 15:00 #7460
Posts: 212Open account in RP
I have opened two accounts on two occasions in RP. Both with BPI which is owned by a Ayla sub. It takes 20 working days for US checks to clear. You need to open a account with a min. Of 500 dollars and it will be called a dollar account. You can get a ATM card also. All I can say is from experience all things in RP. Are subject to change. So today you might not be able to do what I said.
HSBC, has a program if you keep 100K in your US account you can tap it from anywhere in the world we no fees. I do not know your price range. But there are Branches in Manila and Cebu that I have seen. If you are traveling that part of the world. And can afford it. I would say that HSBC is the best way to go as you can tap your funds where ever there is a branch. If in the special program of a min. 100K.
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12-24-13 14:23 #7459
Posts: 64ACRI card
Guys,
I am trying to decide in which country to retire. Regarding Philippines : is it possible to travel to Philippines
For one month and to open a bank account without the ACRI card. Because I would like to return to my country for 2 months to.
Deal with all the legal issues and transfer money into that account and then return to Philippines and apply for the ACRI card after 59 days. Thanks in advance.
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12-22-13 06:29 #7458
Posts: 834Cathay Pacific
I dunno, I put CP there with Korean Air. From Chicago to Hong Kong is one of the longest flights on the globe and that's on CP. I've done it a few times and its just toooooooo long. I break things up by going from Chicago to Incheon on Korean Air. A break at Incheon and 3+ hours to Manila. Excellent treatment by both airlines both on the ground and in the air.