Banking in MNL

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Banking in MNL


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Old 22nd June 2013, 07:29 PM
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Hi All

Are there any banks in Manila that expats favour re overseas transfers and the like or are they all pretty much the same?

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Old 22nd June 2013, 07:32 PM
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Hi All

Are there any banks in Manila that expats favour re overseas transfers and the like or are they all pretty much the same?
most are the same afaik. What bank do you have right now?

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Old 22nd June 2013, 10:04 PM
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There are many nationwide banks here. From personal experience and that of friends I would stay away from Philippine National Bank. Overseas money transfers with them can take days. Service in their locations is slow and terrible antiquated.
The more popular and efficient are Bank Of The Philippine Islands (BPI), and China Bank. If collecting a government retirement such as US Social Security, there is only a short list of banks here that are approved. BPI and China Bank are two of those. Personally, I prefer China Bank.


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Old 23rd June 2013, 05:22 AM
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Thanks ACE.....

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Old 23rd June 2013, 05:24 AM
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Sorry forgot to Add, currently we use HSBC in Australia, but will need to switch.

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Old 23rd June 2013, 05:25 AM
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Thanks Gene, some good info here, I will look into these 2 banks ASAP. Thank you for your help.

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Old 23rd June 2013, 12:28 PM
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Thanks Gene, some good info here, I will look into these 2 banks ASAP. Thank you for your help.
Hi Allan,

You're very welcome. Another thought too; when here in country you might check with your embassy as they may have ideas or suggestions on banking for you that I'm not aware of.


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Old 23rd June 2013, 02:55 PM
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idk if you are interested in HSBC, but they only have 1 branch in Binondo, Manila which has been there for a while. I would personally go with BPI or Banco De Oro since they big and stable for overseas transfer but yeah def check with the Embassy which is good for you.

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Old 26th June 2013, 04:44 PM
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Thanks all for your help.....

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Old 18th August 2013, 08:05 PM
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Originally Posted by Gene and Viol View Post
There are many nationwide banks here. From personal experience and that of friends I would stay away from Philippine National Bank. Overseas money transfers with them can take days. Service in their locations is slow and terrible antiquated.
The more popular and efficient are Bank Of The Philippine Islands (BPI), and China Bank. If collecting a government retirement such as US Social Security, there is only a short list of banks here that are approved. BPI and China Bank are two of those. Personally, I prefer China Bank.

Gene
Ditto on China Bank!!!

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