SETTING UP A BANK ACCOUNT AT AYALA MALL IN CEBU PHILIPPINE

SETTING UP A BANK ACCOUNT AT AYALA MALL IN CEBU 

  Setting up a bank account that will accept US dollars and transfer in US dollars is possible in the Philippines; this is called setting up a dollar account.  I decided to set up a bank account with BDO bank because they offer a US dollar account.

Things you need to set up a bank account in PI:

Passport
Photo ID
Photo Copy of Passport
Photo Copy of Photo ID
1×1 pictures
A permanent address (Could be the long term hotel address you’re living in)

After filling out papers you can request an ATM card with Visa or MasterCard; you also can send direct transfers on the computer to other accounts with BDO.

After 5 to 7 days you can go back to the bank and pick up the ATM.

Money first deposited is held for 7 to 10 days.

Any questions or requests please contact me at bradleym@stuckincebu.com