Philippines Real Estate Mortgage Lenders & Escrow Services
Click the following Philippine banks links to learn more about Philippine real estate loans, their application requirements, and Escrow services.
International Banks in the Philippines
Citibank Philippines Hong Kong Shanghai Bank Philippines Keppel Bank Philippines Standard Charter Bank Philippines
Local Philippine Banks
Bank of the Philippine Islands Metrobank Philippine National Bank Union Bank Philippines
Review the Philippine Central Bank Monetary Policy
Central Bank of the Philippines
Credit Cards: Many business establishments accept credit cards. Additional charges is very common in the Philippines. ATM machines are plenty in city centers and tourist centers and in major cities. But bring cash to all remote places. Some areas don't even have a bank.
USA Dollar, Euro and other currencies are accepted all over the country, best to bring $ and Euro.
Traveller's Cheques: Most merchants don't take them. Few banks will cash them. Some money changers will take them. Leave home without them!
ATM machines are frequently offline, especially at weekends!
Money changers in Manila, only use authorized money changer and never follow somebody in the street offering you high rates. Money changers in the metro Manila area offer better rates than changers at the airport. Bring large bills! You'll get a better rate for a $100 bill than you will for five $20 bills.
In case you run out of money: There are Western Union branches all over the country, even in remote places.
