Tip on US banking in RP

Posted on July 5, 2006 - Filed Under Punch Forum |

Edwin de Vera
5 July 2006

Mr. Flores, what you might want to do is to open up a dollar account in your bank there in the Phil., if you haven’t done that yet. Then request for a debit card in US Bank. As soon as you received your card and activated, all you need to do when you need some cash, is to swipe your debit card to an ATM machine that carries the brand on your card i.e., Visa, MasterCard, etc. or better yet go directly to your bank and let them handle the transaction so you’ll get your cash at that very moment, of course expect some fees in doing this type of transactions. As for your question on why the wait for 25-30 days for your check to clear, I don’t know. But if it is a bank regulation there’s nothing much you can do about it.