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9 Ways to Receive Your US Pension in the Philippines
Are you living in the US and planning to spend your retirement in the Philippines? And are you thinking of ways to receive your US pension in the Philippines?Here are 9 ways:Direct deposit accountUS...
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Is CMAP Blacklist True?
No and Yes.NO, because CMAP does not label its listings as CMAP Blacklists. In every report that it releases to a requesting member, it includes a disclaimer that starts with “This is not a...
View ArticleClosed Banks in the Philippines 2021
Here’s a list of closed banks in the Philippines 2021. There were 13 closed banks in 2021. All were rural banks. The first bank to be closed down in 2021 is Occidental Mindoro Rural Bank Inc., and the...
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Send Money to Philippines from USA: Money Transfer Organizations List
The Ultimate List! Send Money to Philippines from USA through the following money transfer organizations. There are 2 groups of lists: First Group consists of remitters from anywhere in the USA. Second...
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How to Send Money Abroad from the Philippines
Updated April 2023. Choose from many ways below how to send money abroad from the Philippines.Table of ContentsWhat Are Wire Transfer, SWIFT and IBAN?BDO Wire Transfer OnlineBPI Money Transfer...
View ArticleClosed Banks, Philippines, 2022
There were 9 closed banks in the Philippines last year, 2022. More sadly, there were 2 thrift banks. One in Bulacan and the other in Cebu City.1. Rural Bank of San Nicolas (Pangasinan), Inc.Office...
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Development Banks in the Philippines
Contents:. Main purpose of development banks. Authorized banking activities. Incorporation. DBP - Is it a development bank?. List of development banks in the PhilippinesWhat’s the main purpose of...
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Australian Banks in the Philippines
Some think there are two Australian banks in the Philippines. On Google Maps, they’re seeing a mark for Commonwealth Bank of Australia in the Ortigas Center in Pasig. I also wonder why and who put that...
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Minimum Age to Open a Bank Account in the Philippines
7 is the minimum age to open a bank account in the Philippines.This is according to Presidential Decree No. 734, signed on June 25, 1975.“Minors who are at least seven years of age, are able to read...
View ArticleClosed Banks, Philippines, 2023 and 2024
Updated as of May 8, 2024Closed Banks 2024It’s nice to know na wala pang na-closed down na bank this 2024 as of May 8, 2024.1. Rural Bank of Pana-on (Misamis Occidental), Inc.The voluntary surrender by...
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SeaBank Philippines: Daily High Interest Plus Your Top 15 QuestionsAnswered
SeaBank Philippines now looks to be the fastest growing rural bank in the Philippines! It now has thousands of Facebook followers, countless comments and more than 100k mobile banking app downloads!And...
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Netbank Philippines Offers High Interest Rates Too
Netbank Philippines is a BSP-licensed rural bank competing with the digital banks! It’s innovative and adept in financial technology.It’s Netbank Mobile savings app is also offering high interest...
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WISE and XOOM: Best Ways to Send Money to the Philippines, based on myexperience
Based on my experiences, WISE and XOOM (US dollar to dollar) are the two best ways to send money to the Philippines from other countries. I can say this with certainty because I’ve been constantly...
View ArticleWhat is Heir's Bond in Bank Home Loan?
An HEIR’S BOND is a financial guarantee. It is required by lending banks when the Spouse of the Owner of the collateral house and lot is Deceased. Or if the Title has an annotation of Section 4 of...
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Most Popular Digital Banks and Accounts
Updated May 14, 2024The BSP has approved and authorized the operation of 6 digital banks in the Philippines. See their performance as of December 2023:BankAssetsDepositsLoansApp DownloadsMaya28.08...
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E-Wallets or E-Money in the Philippines
Below info on e-wallets or e-money in the Philippines has this table of contents:Definition of E-Money or E-walletList of E-money or E-wallet issuers that are Non-BanksList of Banks that Issue E-money...
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Cooperative Banks in the Philippines
Updated July 31, 2023CONTENTS:. Top 10 Cooperative Banks in the Philippines. List of 22 cooperative banks in the Philippines. What are cooperative banks?. Functions of cooperative banks. Are...
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International Banks in the Philippines
This list here of International Banksin the Philippines refers to foreign banks that are branches or subsidiaries of globally known banks and banking groups. Their parent companies do banking in many...
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US Dollar to Philippine Peso History
Updated November 18, 2024See here US dollar to Philippine peso exchange history, based on the foreign exchange rates used by the BSP, banks, remitters and money changers when they BUY your US...
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ING Bank Philippines
Has ING Bank Philippines shut down? Yes and No. ING Bank Philippines has shut down only its retail operations before the end of 2022. ING Bank is still doing business in the Philippines, and continuing...
View ArticleTop 7 Banks in the Philippines with High Interest Rates
Here are the top 6 banks in the Philippines with high interest rates, as of June 10, 2023:1. Maya BankMaya Savings account offers a base interest rate of 4.0% per annum credited daily. Customers can...
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Is There a Deutsche Bank Philippines?
Yes, there’s a Deutsche Bank Philippines. It’s operating as a universal bank that serves corporations and institutions.It’s offering investment banking and corporate banking services. Investment...
View ArticleClosed Philippine Banks, 2024 and 2025
Closed Banks 20252. Oriental Tamaraw RuralBank of Naujan (Or. Mdo), Inc. Office address: Brgy. Barcenaga, Naujan, Oriental MindoroClosed down by BSP: May 8, 2025Taken over by PDIC: May 13, 2025 1....
View ArticleRanking of Commercial/Universal Banks in the Philippines, 2025
See the ranking of your favorite big banks based on Total Assets, as of the latest statement available on the Bangko Sentral ng Pilipinas (BSP) website.RANKING OF 44 COMMERCIAL/UNIVERSAL BANKS, BASED...
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BDO Network Bank
BDO NETWORK BANK, a subsidiary of BDO Unibank, is now a THRIFT BANK. Its conversion from Rural bank to Thrift Bank became effective on May 5, 2025.It was formerly a rural bank named One Network Bank,...
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