money transfer - Page 3

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  #21 (permalink)  
Old 15th July 2014, 08:45 PM
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Yes mine is a peso acct via my wife. When we move back, will open a dollar account. The exchange rates they've given are competitive, but there's a margin which im sure squeeze a few extra pesos out each transaction.

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Old 16th July 2014, 06:59 AM
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Citibank USA has a FREE global transfer from my USA Citibank to my Philippine Citibank account.

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  #23 (permalink)  
Old 16th July 2014, 05:35 PM
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Thanks for all the help! Curious do you maintain a home in the US as well?

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Old 16th July 2014, 06:13 PM
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Not sure who all you are asking this, or just one, but we plan to keep a home here in either WA or Vegas area when we move back in 2016, just in case and to have a place to come back to for big part of rainy season in PI, since then is summer here. Also the "escape hatch" should PI go down the tubes. I have an acquaintance too who does 6 mos in Cebu and 6 months in Florida; says he was not going to just give up life and friends here in U.S. They have condo in Cebu. Best of luck!

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  #25 (permalink)  
Old 16th July 2014, 06:15 PM
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Originally Posted by Phil_expat View Post
Citibank USA has a FREE global transfer from my USA Citibank to my Philippine Citibank account.

Now THAT is Awesome. Looks like I'll be checking that out directly! Thanks for that info....Simple and Free. Can't beat that.

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  #26 (permalink)  
Old 16th July 2014, 09:45 PM
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Quote:
Originally Posted by Nickleback99 View Post
Not sure who all you are asking this, or just one, but we plan to keep a home here in either WA or Vegas area when we move back in 2016, just in case and to have a place to come back to for big part of rainy season in PI, since then is summer here. Also the "escape hatch" should PI go down the tubes. I have an acquaintance too who does 6 mos in Cebu and 6 months in Florida; says he was not going to just give up life and friends here in U.S. They have condo in Cebu. Best of luck!
I was asking in general. My plan has been to do the same. 6 months in KY and 6 months in the PI as a rule of thumb. Just curious if anyone we are talking with at the moment about money transfers has just a PO BOX or something in the USA? Its an option worth looking into for us I think. Thanks Gregg

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Old 17th July 2014, 12:03 AM
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About the P.O. Box question...I would check with your financial institution but many banks will not recognize or accept P.O. Box as a form of address.

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Old 17th July 2014, 12:08 AM
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The easiest way around the P.O. Box issue is to do a Google search for mail scanning services...

They are reputable businesses that will hive you a legitimate street address and they will either forward your mail to you...destroy it or scan it into your account so you can securely access it from any computer around the world.

They are very reasonably priced and generally start at $10 a month and go up from there...

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  #29 (permalink)  
Old 17th July 2014, 01:05 PM
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I agree that the 6 month idea on paper seems best. The travel as you said can be a real bear even for younger folks too. The travel cost alone are something to consider as well. Regardless we will at least initially keep our KY home. After a few years we may decide to pick one location or another. Options exist. Thank you.
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  #30 (permalink)  
Old 18th July 2014, 12:54 PM
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Just a caution when setting up a money transfer.

First try send only a small amount, something that you can afford to lose, to make sure all the codes are correctly entered everything works.

Then using the saved information you can make the larger transfers as you need to.


Last edited by Asian Spirit; 18th July 2014 at 01:00 PM.
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