Asia
How to open a bank account in Philippines: a guide for expats and tourists
Why do you need a bank account in the Philippines? If you’re in the Philippines for a brief vacation, a local bank account may not be necessary. However, for long-term stays or if you’re planning to live and work here, a local bank account becomes indispensable. Not only does it save you from hefty international withdrawal fees, but it also facilitates smoother transactions such as paying bills, receiving your salary, or even doing online shopping. Read more…