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Eastwest Bank Foreign Exchange -- More Pesos for Your Dollars
You can get more pesos for your US dollars if you change them at Eastwest Bank Foreign Exchange. I have observed this for many months now.As of today, EastWest gives the highest exchange rate for US...
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ING Bank and CIMB Bank Give 4% Interest Rate, Others 0.25%
ING Bank and CIMB Bank, the first fully digital banks in the Philippines, are giving an annual interest rate of 4% for savings accounts.That’s a much higher rate than those offered by other banks,...
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List of Payment Systems Registered with BSP
Here’s a list of Operators of Payment Systems (OPS) with Certificates of Registration from the BSP,as mandated by the National Payment Systems Act (NPSA), or Republic Act No. 11127, which was signed...
View ArticlePhilippine Banks Closed Down in 2020
The year 2020 has passed… and there had been only 5 Philippine banks closed down by the BSP. This is good news, considering that there had been many banks closed down in past years.In 2019, there were...
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Private Banking Philippines
Private Banking Philippines? Private banking in the Philippines means personalized banking for persons with high net worth. Yong meron kang mga utang pero sobra sobra naman ang assets mo.Clients are...
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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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Paymaya vs Bayad Apps for Paying Bills Online
Paymaya vs Bayad apps — Which is better in paying bills online?Or is your online banking or mobile app much better than either Bayad or Paymaya?By the way, Bayad is previously known as Bayad...
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