Accessing your funds is easier than ever, but setting up a local account can have hurdles.

Opening a Bank Account

As a tourist, it is difficult to open a bank account. Most major banks (BDO, BPI, Metrobank) require an ACR I-Card (Alien Certificate of Registration), which you get after staying for more than 59 days. Once you have that, opening an account is straightforward.

The Power of GCash

GCash is a mobile wallet app that has revolutionized payment in the Philippines. You can use it to pay for everything from street food to utility bills. It's safe, convenient, and essential for modern life here.

Transferring Money

Services like Wise (formerly TransferWise) and Remitly offer much better exchange rates than traditional bank transfers. Avoid using your foreign ATM card for everyday withdrawals as fees can add up.