Banking - Investing - Finances Fri, 13 Mar 2026 18:15:24 +0000 Fri, 13 Mar 2026 18:15:24 +0000 Dumaguete Info https://dumagueteinfo.com/board/forums/banking-investing-finances.22/ Thu, 29 Jan 2026 09:45:47 +0000 https://dumagueteinfo.com/board/threads/continued-peso-weakness.75922/ https://dumagueteinfo.com/board/threads/continued-peso-weakness.75922/ invalid@example.com (Dutchie) Dutchie Luckily for us retirees this weakness means our pensions have gained also, and protected us to some degree against the higher (cumulative) inflation in the Philippines.
As is clear from the graphs below though, not all currencies have done equally well against the peso over the past 10 years.
Of the six currencies I...

Continued peso weakness]]> 5 Tue, 25 Nov 2025 23:17:52 +0000 https://dumagueteinfo.com/board/threads/pensions.75899/ https://dumagueteinfo.com/board/threads/pensions.75899/ invalid@example.com (Notmyrealname) Notmyrealname
I am very aware of pensions within the UK and note that a lot of Insurers here have the same names as UK companies (e.g. Sun life, Axa, Pru)...

Pensions]]> 2 Fri, 04 Apr 2025 02:12:09 +0000 https://dumagueteinfo.com/board/threads/looking-good-for-brits-just-now.75801/ https://dumagueteinfo.com/board/threads/looking-good-for-brits-just-now.75801/ invalid@example.com (Jack Peterson) Jack Peterson

1 Pound sterling equals

75.13 Philippine peso ]]> 1 Thu, 09 May 2024 18:35:05 +0000 https://dumagueteinfo.com/board/threads/bank-loan.75591/ https://dumagueteinfo.com/board/threads/bank-loan.75591/ invalid@example.com (Loniko) Loniko
I did a little research and looked into getting a loan as a foreigner in the PH. There is sparse to no information, but I found that one of the banks that may assist in this matter is BDO.

Does anyone have more info/experience in this matter or can suggest a bank that might be open to loan money to a foreigner?

My bank (Security Bank) put a strict no to this question, which I understand. I am not a fan of debt, however, I would like to purchase something that requires a bit...

Bank Loan]]> 4 Sun, 22 Oct 2023 13:58:53 +0000 https://dumagueteinfo.com/board/threads/philippine-taxes-and-house-sales.75475/ https://dumagueteinfo.com/board/threads/philippine-taxes-and-house-sales.75475/ invalid@example.com (cabb) cabb
I'm also curious how the sale of a house/land is handled since it's typically owned by the wife who is a Philippines citizen. Everyone seem to claim a value less than the actually...

Philippine taxes and house sales]]> 8 Mon, 02 Oct 2023 14:07:54 +0000 https://dumagueteinfo.com/board/threads/bad-news-for-expats-in-thailand.75450/ https://dumagueteinfo.com/board/threads/bad-news-for-expats-in-thailand.75450/ invalid@example.com (NowandThen) NowandThen https://aseannow.com/topic/1306896-...-from-abroad-for-tax-residents-starting-2024/

Let's hope the Philippjnes will not do the same. Actually it was once discussed in the congress some years ago. But lucky enough nothing happened. But I also think the Philippines and probably Thailand as well, don't have the administrative skills to collect these taxes to a full extent. Except perhaps regular pensions that are transferred from abroad to a...

Bad news for expats in Thailand]]> 7 Sat, 23 Sep 2023 20:32:24 +0000 https://dumagueteinfo.com/board/threads/us-bank-closing-accounts.75449/ https://dumagueteinfo.com/board/threads/us-bank-closing-accounts.75449/ invalid@example.com (vox212) vox212
Wells Fargo will be closing my account soon as I am an expat and they are no longer interested in having me.

I'm more than happy to open a dollar account at BPI and have my SS and pension checks directly deposited there.

My major problem is paying my USA AMEX and Visa credit cards. Currently I have the monthly charges automatically withdrawn from my Wells Fargo account. That will no longer be possible.

I desperately need a way to pay my USA Credit Cards without a USA bank...

US Bank Closing Accounts.]]> 7 Tue, 06 Jun 2023 11:40:11 +0000 https://dumagueteinfo.com/board/threads/sending.75346/ https://dumagueteinfo.com/board/threads/sending.75346/ invalid@example.com (billm) billm
Thanks,

bmahin]]> Wed, 17 May 2023 07:22:20 +0000 https://dumagueteinfo.com/board/threads/pnb-digital-app.75331/ https://dumagueteinfo.com/board/threads/pnb-digital-app.75331/ invalid@example.com (Jack Peterson) Jack Peterson ]]> 2 Sat, 13 May 2023 16:50:03 +0000 https://dumagueteinfo.com/board/threads/g-cash-woes.75326/ https://dumagueteinfo.com/board/threads/g-cash-woes.75326/ invalid@example.com (Dutchie) Dutchie Despite their denials this morning, G-Cash was hacked yesterday.
Hackers succeeded in transferring 37M pesos from unsuspecting users to their own bank accounts, but they were discovered before it was too late to recover the funds involved.
Reportedly victimized G-Cash customers were reimbursed.

Conclusion: G-Cash might be handy in some circumstances, but their...

G-Cash woes]]> 3 Fri, 24 Mar 2023 21:29:15 +0000 https://dumagueteinfo.com/board/threads/best-bank.75141/ https://dumagueteinfo.com/board/threads/best-bank.75141/ invalid@example.com (TexasSalt82) TexasSalt82 16 Thu, 09 Feb 2023 13:29:57 +0000 https://dumagueteinfo.com/board/threads/rental-deposit.75077/ https://dumagueteinfo.com/board/threads/rental-deposit.75077/ invalid@example.com (God Bless Texas) God Bless Texas We've been traveling anf had a short term rental house. The lease is over at the end of the month and I'm looking for info on how honest landlords are with deposits. Assuming we didn't wreck the place (we didn't) are rental deposits normally refunded or should I prepare myself for excuses to not returned it?
Thanks]]> 8 Wed, 25 Jan 2023 08:57:50 +0000 https://dumagueteinfo.com/board/threads/elaborate-scam.75028/ https://dumagueteinfo.com/board/threads/elaborate-scam.75028/ invalid@example.com (DAVE1952) DAVE1952 I was got at this morning there was me thinking they would not get me easy, but they played me well, starts with an Early morning call to my land Line, the caller asks if I purchased an Iphone from Amazon for £799 to which I say no, ok they say this is blocked by us as we were suspicious, they tell me the fault lies with my security system and they can help me this so this lady passed me on to Amazon security, there they had me downloading a small programme called...

ELABORATE SCAM]]> 6 Sat, 24 Dec 2022 07:20:33 +0000 https://dumagueteinfo.com/board/threads/80-trillion-yes-trillion.74930/ https://dumagueteinfo.com/board/threads/80-trillion-yes-trillion.74930/ invalid@example.com (Garcia) Garcia

THE BANK FOR INTERNATIONAL SETTLEMENTS IS WARNING THAT PENSION FUNDS AND OTHER NON-BANK FINANCIAL FIRMS NOW HAVE MORE THAN $80 TRILLION OF HIDDEN, OFF-BALANCE SHEET DOLLAR DEBT IN THE FORM OF FX SWAPS]]> 2 Wed, 07 Dec 2022 00:21:22 +0000 https://dumagueteinfo.com/board/threads/best-bank-ease-of-opening-etc.74797/ https://dumagueteinfo.com/board/threads/best-bank-ease-of-opening-etc.74797/ invalid@example.com (Garcia) Garcia
From the UK I use transfer wise now known as Wise, good gbp php rates, charges and efficient. Coverts and transfers pesos into my wife's BDO account within 24 hours on week days.

I'm after an account for myself and intend living Valencia, Bacong area. Previously found setting up with BDO bank requirements over problematic, visa etc. Whereas Metro and China was far simpler. This was however many years...

Best bank, ease of opening etc]]> 9 Sun, 04 Dec 2022 10:46:06 +0000 https://dumagueteinfo.com/board/threads/is-it-wise-of-interest-to-brits-only-maybe.74865/ https://dumagueteinfo.com/board/threads/is-it-wise-of-interest-to-brits-only-maybe.74865/ invalid@example.com (Notmyrealname) Notmyrealname
The two financial elements are, of course, exchange rate and remittance fee. Then there is efficiency, including speed if that is an issue.

For efficiency I rate BCRemit and WISE as the best I am aware of and equal.

But for the £4000 I remitted, BCRemit charged £4.99 and WISE wanted £22.11 - a...

Is it WISE? (Of interest to Brits only, maybe)]]> 16 Fri, 07 Oct 2022 06:05:47 +0000 https://dumagueteinfo.com/board/threads/waiting-period-for-ss-deposit.74653/ https://dumagueteinfo.com/board/threads/waiting-period-for-ss-deposit.74653/ invalid@example.com (lbriggs2002@hotmail.com) lbriggs2002@hotmail.com 1 Tue, 16 Aug 2022 09:31:46 +0000 https://dumagueteinfo.com/board/threads/bdo-online.74520/ https://dumagueteinfo.com/board/threads/bdo-online.74520/ invalid@example.com (charlyB) charlyB When i click on the link there is no advisories regarding this.
Seems strange to be under maintenance for two days.

Site under maintenance.
The system is currently undergoing maintenance. Please try again later or check https://www.bdo.com.ph for further advisories.]]> 7 Thu, 16 Jun 2022 13:08:06 +0000 https://dumagueteinfo.com/board/threads/suggestions-on-transferring-my-money-to-me-from-the-states.74324/ https://dumagueteinfo.com/board/threads/suggestions-on-transferring-my-money-to-me-from-the-states.74324/ invalid@example.com (Lizard68) Lizard68 11 Sat, 04 Jun 2022 00:14:59 +0000 https://dumagueteinfo.com/board/threads/inflation.73721/ https://dumagueteinfo.com/board/threads/inflation.73721/ invalid@example.com (Notmyrealname) Notmyrealname
1. "LPG prices rising for the 4th month in a row":

"In separate advisories, Petron and Phoenix LPG Phils. Inc. increased LPG prices by PHP3.25 per kilogram. Solane-branded LPG also hiked prices by PHP3.27 per kilogram starting at 6 a.m. Friday [April 1st]. The new price adjustments reflect increments ranging from PHP35.75 to PHP35.97 for a regular 11-kilogram LPG...

INFLATION]]> 13