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Old 08-15-2008, 02:08 PM
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Union Jack,What I learned from other foreigners is that HSBC is not charging costs for transfers from Euro's from their HSBC bank in Europe to the HSBC-one they have in the Phils and vice versa.
The average balance each month must be 100.000 pesos (acc. to this same source).
Also acc. to my bank (BoC) there are no problems transferring money to another country.
Per transfer they charge you 31.50 USD ,regardless the amount of money you transfer.

Tanjames, that same source (BoC) told me that if you have enrolled with Paypal, you can deposit and withdraw later when being in another country.
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