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Thread: Opening a bank account in the Philippines?

  1. #1
    Respected Member Fitzy's Avatar
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    Question Opening a bank account in the Philippines?

    Hi all.

    Quite simply, I'm looking to set up a bank account in the Philippines.
    has anyone from the UK here done this before??
    Hopefully it will be with Landbank.
    The same bank as my Fiancee's
    Are there any pitfalls in doing this, like charges etc...?
    I do have my reasons.


    Thanks alot.


    Philip....
    Satellite/Cable TV/Radiocommunications specialist.


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    This is something I've been thinking about, so be interested to read what other say. I was thinking of opening a PNB account as I hear they have low transfer fees.


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    Quote Originally Posted by Fitzy View Post
    Hi all.

    Quite simply, I'm looking to set up a bank account in the Philippines.
    has anyone from the UK here done this before??
    Hopefully it will be with Landbank.
    The same bank as my Fiancee's
    Are there any pitfalls in doing this, like charges etc...?
    I do have my reasons.


    Thanks alot.


    Philip....
    Hi Philip! OFW's used to prefer Landbank for remittance purposes because they have no maintaining balance like other banks. Deposit needed is only 100-200 pesos if you're in the Philippines.
    It was my bank when I was still OFW. I don't think you can deposit or make an opening account from UK.
    But then try to make a query or get in touch with their foreign subsidiaries.
    https://www.landbank.com/subLBP_remit.asp


  4. #4
    Respected Member Fitzy's Avatar
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    Question

    Quote Originally Posted by pennybarry View Post
    Hi Philip! OFW's used to prefer Landbank for remittance purposes because they have no maintaining balance like other banks. Deposit needed is only 100-200 pesos if you're in the Philippines.
    It was my bank when I was still OFW. I don't think you can deposit or make an opening account from UK.
    But then try to make a query or get in touch with their foreign subsidiaries.
    https://www.landbank.com/subLBP_remit.asp
    I already did and thank you so much.
    My bank Santander will charge me £25 per transfer
    Tho am Divorced, i need to get rid of some money quick, due to the financial disclousure pending!
    No smart comments people

    I sent Emma some to her landbank Account via Xoom last month.

    I guess, all i will need is my passport for iD purposes to open an account?????


    Thanks in advance.

    I want to do this in Feb
    Satellite/Cable TV/Radiocommunications specialist.


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    i need to get rid of some money quick, due to the financial disclousure pending!
    Can I help


  6. #6
    Respected Member Fitzy's Avatar
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    Talking

    Quote Originally Posted by triple5 View Post
    Can I help
    I knew it heheheheheheheh
    Satellite/Cable TV/Radiocommunications specialist.


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    Trusted Member sars_notd_virus's Avatar
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    I dont think you can open an account in the philippines as they will be needing alien cert


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    Respected Member vbkelly's Avatar
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    i did openned a bank account in PNB using my british passport but my proof of address i used in the philippines and 2 2x2 photos thats it and no problem at all
    all things are possible!


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    Moderator fred's Avatar
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    I tried to open an account in many different banks
    here but they wouldnt accept my cash as I did not have ACR docs..(including HSBC).. Things are different now I that I have my ACR card..


  10. #10
    Respected Member Fitzy's Avatar
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    Wink

    Quote Originally Posted by vbkelly View Post
    i did openned a bank account in PNB using my british passport but my proof of address i used in the philippines and 2 2x2 photos thats it and no problem at all
    Very interesting. So thats it, that easy????
    I can use Emmas address, but have no proof of living there.
    Do i need that also, or just simply a mailing address??

    Great news.

    thank you my friend.
    Satellite/Cable TV/Radiocommunications specialist.


  11. #11
    Respected Member vbkelly's Avatar
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    Quote Originally Posted by Fitzy View Post


    Very interesting. So thats it, that easy????
    I can use Emmas address, but have no proof of living there.
    Do i need that also, or just simply a mailing address??

    Great news.

    thank you my friend.
    i did last september, you can speak to the manager in the bank if you can use your wife or fiancee's address yeah just a mailing address.
    all things are possible!


  12. #12
    Respected Member Fitzy's Avatar
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    Quote Originally Posted by vbkelly View Post
    i did last september, you can speak to the manager in the bank if you can use your wife or fiancee's address yeah just a mailing address.
    Cool as F*** heheheheh

    Thank you so very much my friend


    You have been a great help.
    Satellite/Cable TV/Radiocommunications specialist.


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