Expat Finance Services in Philippines

The official legal currency in the Philippines has been the Philippine Peso or Piso. One peso is equivalent to about .02 USD. The Philippine Peso comes in different bank notes with the denominations being of several different colors according to their value - 20 (orange), 50 (red), 100 (blue-violet), 200 (green), 500 (yellow) and 1000 Philippine pesos (blue).

 

There are plenty of Philippine banks, and they will open bank accounts for anyone. Foreign debit or credit cards will work at some stores in the Philippines, and they can be used at many ATM machines, although there might be an extra charge with machines belonging to different banks.

 

Bank accounts can be opened at banks in the Philippines by anyone over 18 if they have an ID and proof of a Philippine address. When obtaining a bank account in the Philippines, the bank gives the customer a debit card that can be used to withdraw Philippine pesos from any ATM in the Philippines. Keep in mind that ATM machines in the Philippines can sometimes be turned off. Online internet banking is getting to be more widely available, but many Philippine residents are careful about using this service because of the fear of computer hackers.


Currency Exchange in The Philippines

Need to transfer money or make a significant purchase abroad? Compare foreign exchange specialists and get the best exchange rate on the market.

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Current Account in The Philippines

Current accounts specifically created to address your needs as an expatriate. Multi currency, bill payments… find the solutions to your everyday banking needs.

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Offshore Savings in The Philippines

Compare offshore savings accounts and find the right solution that meets your saving requirements while living abroad.

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Expat Mortgages in The Philippines

Free and no obligation quotes to help you find the best overseas mortgage. Compare overseas mortgage advisors and make a free enquiry

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Financial Advice in The Philippines

Get information on investment portfolio building to achieve your investment objectives according to your risk profile.

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Expat Savings in The Philippines

Make an initial no-obligation enquiry about saving plans, school fees planning, retirement planning. Save money, plan ahead and discover all the attractive options available to you as an expat.

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QROPS in The Philippines

Learn more about Qualifying Recognised Overseas Pension Schemes. Make an initial no-obligation enquiry to get expert advice on transferring your pension overseas

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Online Broker in The Philippines

Compare online brokers for forex trading, cfd trading, internet share trading and more..

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US Expat Tax in The Philippines

American expatriates have the legal obligation to file US tax returns yearly on their income wherever sourced. Get free advice and US tax returns filling quote

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Tax Advisory in The Philippines

Make an initial no-obligation enquiry on tax planning, tax return or tax issues that you may face as an expatriate.

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