Transferring $$ To CND Bank

Go Back   Expat Forum For People Moving Overseas And Living Abroad > Asia > Philippines Expat Forum

Philippines Expat Forum The Philippines Expats Forum is dedicated those individuals that have chosen to make Philippines their new home. This forum is an ideal place for Expats now living in Philippines to meet and discuss all aspects to their new way of life.

Transferring $$ To CND Bank


Reply
 
Subscribe to this Thread Thread Tools
  #1 (permalink)  
Old 6th November 2013, 01:46 PM
New Member
 
Join Date: Jul 2013
Location: Philippines
Posts: 23
Rep Power: 0
Hacthor is on a distinguished road
14 likes received
7 likes given

Users Flag! Originally from canada. Users Flag! Expat in philippines.
Smile Transferring $$ To CND Bank

I see there are lots of banking questions but I am wondering if there are any Canadians out there or anyone else who could give me some insight.

We're living here in The Ph, enjoying it too I might add. As of right now we don't have a bank acct here and my hubby (that's why we're here) is still getting paid in our Canadian account(RBC). This will change come January, so we need a bank acct here.
My question/dilemma is....we still have all our bills (ie mortgage, car payments etc) coming out of our acct back home so I need to find the easiest way to transfer $$ out of our new acct here to our one in Canada. Do any banks do this "better" than others? I'm seeing China Bank posted here quite often, what about BDO?

Thanks all

Reply With Quote Quick reply to this message
  #2 (permalink)  
Old 6th November 2013, 09:47 PM
Member
 
Join Date: Jan 2011
Location: Philippines
Posts: 531
Rep Power: 188
Phil_expat is a jewel in the roughPhil_expat is a jewel in the roughPhil_expat is a jewel in the roughPhil_expat is a jewel in the rough
274 likes received
348 likes given

Users Flag! Originally from usa. Users Flag! Expat in philippines.
Default

I am not familiar with Canadian banks but my Canadian friend here also uses China Bank. Unlike the USA Canada does not monitor the amount of money overseas and he has a large bond account at China Bank that pays high interest, much higher than paid in Canada or the USA. There are also time deposits.

Reply With Quote Quick reply to this message
  #3 (permalink)  
Old 7th November 2013, 09:14 PM
New Member
 
Join Date: Jul 2013
Location: Philippines
Posts: 23
Rep Power: 0
Hacthor is on a distinguished road
14 likes received
7 likes given

Users Flag! Originally from canada. Users Flag! Expat in philippines.
Default

Quote:
Originally Posted by CaptainLarsen View Post
You can set up an account with HSBC in Canada and they will then help you open an account in a local Philippine branch. HSBC allows international linking of accounts still I think. I did it years ago when I lived in Vancouver.

That's awesome, but we're here in Manila now. Are you able to set up an account from overseas?

Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
  #4 (permalink)  
Old 8th November 2013, 05:56 AM
Member
 
Join Date: May 2011
Location: Mandurriao,Iloilo,Phils
Posts: 1,246
Rep Power: 225
fmartin_gila has much to be proud offmartin_gila has much to be proud offmartin_gila has much to be proud offmartin_gila has much to be proud offmartin_gila has much to be proud offmartin_gila has much to be proud offmartin_gila has much to be proud offmartin_gila has much to be proud of
1320 likes received
1006 likes given

Users Flag! Originally from usa. Users Flag! Expat in philippines.
Default

Don't know if this is applicable to you, but for general info anyway. My Wife(Philippine) and I are now living in the US and planning to move back to the Phils. My main banking is done at Wells Fargo(don't know if they operate in Canada). I recently visited with a Banker at my local branch and inquired about numerous things. I was informed that I could keep all present accounts open, no matter where I was in the world and had only to keep them informed as to my address and that I could conduct any and all business with them by Mail or Email. I specifically asked about opening a BPI account and was informed that after opening an account with BPI, all the necessary paperwork could be handled by correspondence. Just today, I received an email from BPI, as I had recently sent them an email to request as to how to open an account with them, they informed me that I had to open an account in person at a local branch the next time I was in the Phils, and also informed me of the requirements for a Foreigner to open an account.

Fred

Reply With Quote Quick reply to this message
Reply


Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Expat Forum For People Moving Overseas And Living Abroad forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Location
Where you live
Expat From Country
Please select the country you originate from. This will appear as a flag when you make posts on the site.
Expat To Country
Please select the country you have either moved to or want to relocate to. This will be presented on the site when you make posts.

Log-in


Thread Tools

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
transferring money: bank or transfer specialist? sgaldo Britain Expat Forum for Expats Living in the UK 6 7th February 2013 05:02 PM
Info About Dirhams Bank Account with International Bank for Non Resident R_Smithy Dubai Expat Forum for Expats Living in Dubai 3 3rd December 2012 05:07 PM
Best US Bank for Transferring Money from AUS ATL2AUS Australia Expat Forum for Expats Living in Australia 4 25th August 2012 11:01 PM
Transferring Bank accounts from US to UK mandyhoov Britain Expat Forum for Expats Living in the UK 3 24th June 2011 09:19 PM

FORUM PARTNERS

ExpatForum.com is owned and operated by VerticalScope Inc.

Retiring Overseas Guides | Moving Overseas Guides | Cost of Living | Health Care Guides


All times are GMT. The time now is 06:14 AM.


Powered by vBulletin®
Copyright ©2000 - 2019, vBulletin Solutions, Inc.
Search Engine Friendly URLs by vBSEO
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.