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05-22-20 07:44 #13442
Posts: 812Since Olongapo went to GCQ a lot of things seem to be getting closer to returning to normal. The virus hasn't gone away but at some point the powers that be are going to have to decide to either open the country back up and let the virus run it's course or watch people starve and deal with the chaos that goes along with it. The Philippine Government cannot afford to provide enough resources to sustain the people for a long time. They are near the end now and there are not enough humanitarian groups to pick up the slack. It's anyone's guess but from what I am seeing I predict that everything is going to be open much sooner than expected. Again these are opinions only and I have nothing to back it up other than my daily observations. I guess we will see but many local businesses have already said they will not reopen so eventually a big decision is going to have to be made.
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05-21-20 14:18 #13441
Posts: 690Originally Posted by Albert9989 [View Original Post]
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05-21-20 06:04 #13440
Posts: 5454Originally Posted by PilotPaul [View Original Post]
Then I played with the options and discovered if I use the "Bank Debit (ACH)" option to make the transfer (sometimes referred to as "Direct Debit (ACH)" option on the mobile app I think) and choose to have it sent in USD to be converted into THB here on arrival, it did show up as a "FTT" (Foreign Transfer) on my Thai bank statement/pass book.
A $1,000 USD transfer costs about $15 USD, which they take out of the money being transferred, not from your originating bank account. And even if I don't initiate a transfer on the app with my smartphone until as late as 11:30PM, the money will show up in my Thai bank account around 2:05PM on the very next business day.
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05-21-20 00:41 #13439
Posts: 499Originally Posted by Goferring [View Original Post]
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05-21-20 00:02 #13438
Posts: 6781Originally Posted by Goferring [View Original Post]
Other similar online remittance web sites include Worldremit which is less stringent and is similar Transferwise.
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05-20-20 22:12 #13437
Posts: 3400Originally Posted by Albert9989 [View Original Post]
Perhaps others can answer.
The benefit of most of the remittance companies is that the recipient doesn't need a bank account to access the money. But they charge accordingly.
G.
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05-20-20 13:25 #13436
Posts: 499Originally Posted by Goferring [View Original Post]
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05-20-20 13:03 #13435
Posts: 487Originally Posted by Goferring [View Original Post]
The ATM fees are higher than some cards but the exchange rate and convenience is so good.
If anyone wants a sign-up bonus of a free transfer, I can send a link.
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05-20-20 01:57 #13434
Posts: 2656Originally Posted by EngineDriver [View Original Post]
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05-20-20 00:45 #13433
Posts: 3400Originally Posted by CzarNicholas [View Original Post]
They do offer a debit card with good rates for purchases. Cash ATM withdrawals are very limited, $300 a month from memory.
To do a transfer just down load the app, set the ammount and currency, and key in the destination recipient and account.
Transfers from civilisation to SEA are typicially 2 or 3 days.
Enjoy. G.
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05-20-20 00:06 #13432
Posts: 499Originally Posted by CzarNicholas [View Original Post]
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05-19-20 21:58 #13431
Posts: 463Please opine
Does anyone know how to use transferwise?
Usa to PI.
I don't have a PI bank acct, do I need one.
I paid for a acr card in 2019 but they never had it when I went to immigration to pick it up.
Any suggestions?
Many thanks.
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05-19-20 13:02 #13430
Posts: 32Light at the End of the Tunnel
My view for some time now has been that a lot of people are catching Covid at least here in the big cities such as Cebu but that the vast majority of cases are asymptomatic. Cebu City Mayor essentially confirmed that today saying that they are finding 95% asymptomatic and a true Case Fatality rate of around 0. 1% in Cebu. The major reason is likely to be the very low number of elderly here 5% over 65 CF 16% US, 18% in UK and 23% in Italy. If you look at the 75 yr+ age group where the casualty rates start to get quite high the disparity is even greater.
IMHO Vitamin the deficiency is also an important factor in this disease which is what has been found in Indonesia, which seems to be the only country that has bothered to take the Vit the data. Of course back in Europe and the US people have been scratching their heads as to why so many of those with dark skins are dieing and resolutely ignoring the Vit the deficiency factor (because dark skins are slow at absorbing / metabolizing Vit the as they are optimised fro sunnier climes.
If the Cebu data is verified. And they are talking about completing a 50 k person test in the next few days, it will put tremendous pressure to lift the lock downs.
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05-18-20 21:54 #13429
Posts: 3281Originally Posted by ChochaMonger [View Original Post]
For Philippines OFW income, business with China, USA and other countries is very important. Mongering income is negligible as for government. It only helps girls, restaurants, hotels in Angeles city. It is mostly cash economy and hardly any tax is paid to government.
Even with the uncertainties of the risk all are gearing up to get back to pre covid era. It will be done before economy is wrecked beyond repair irrespective of the human cost. In spite of all the relaxation and flights it is anybody's guess if people take the risk and do all the things like before.
Yes, it is true BBFSCIP is exclusively available in Philippines without much effort. Very few other countries it is possible these days. Even mongers are likely to stay away for a while.
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05-18-20 03:15 #13428
Posts: 1663Originally Posted by WickedRoger [View Original Post]