I've banked in quite a few places around the world and the Philippines has easily been the most challenging. I've used Charles Schwab all over and have only been able to use the card at a Metrobank ATM here so far. Serious question ---has anyone been able to regularly use Schwab at a particular bank's ATM? I've stuck out at the 'best' at places like Clark SM in Angeles. For a limited time the 'Cash is King', approach will probably get you through but for longer stays, you've gotta try something better over the long run right? My understanding is that you can open an account with a tourist visa. Anyone try it so you can transfer funds from a US bank to a known big bank here?
@KC-in9px7 ай бұрын
The Schwab ATM card works fine at every Angeles City ATM that I tried. The machine in front of Kokomo's was the most convenient but I also used four others there. It worked fine in every other ATM that I used in many locations around the Philippines as well as Cambodia, Thailand, India, Egypt, Saudi Arabia, and Portugal on my solo 4.5 month adventure around the world. I probably made 60 transactions with zero fees incurred. All fees were reimbursed 100%.
@FiredtoFreedom7 ай бұрын
I dont' recall ever having an issue withdrawing money from Schwab in the Phils. I think just make sure it's a large established bank and maybe alert Schwab with travel alerts.
@user-ee9yc6lv7g7 ай бұрын
@@KC-in9px Yep, That's been my experience up until now. They just did a hard reset on the card so may be e it will be better. A couple of "local" foreigners said the machines can run dry especially on the weekends. Will keep trying.
@stevegill9207 ай бұрын
Thanks Paul for this video it was very helpful to me, because I will be coming to the Philippines at about 1 year.
@user-ee9yc6lv7g7 ай бұрын
Glad to hear it. I'll try down there.@@KC-in9px
@clintclark897 ай бұрын
Great advice. Listen to the man. Save yourself the headache. Bring crisp new $100 bills. I would add only use ATM's inside the bank in the Philippines if possible because they are the most secure. Criminals install card strip reading machines that can steal your account info on ATM'S on the street. If going to the bank isn't possible, give the card slot where the card goes a pretty good tug to make sure its legit. My ATM got duplicated by an employee at a hotel in Cebu. I know it was at the hotel because it was the only time I had used the card due to a different emergency situation. Thank God my bank was on top of it and my bank contacted me before too much damage was done. Card chips have cut down on this, but it still exist. Also, get small bills in peso's. You will be surprised that no one has change for 500 peso bills.
@zuchnicky7 ай бұрын
Very simple protection - don't leave to much money on normal account - move it to some saving account. Use reasonable ATM/in shop daily limits + limits to number of withdraws/in shop transactions per day. Configure your bank app to show notification for each transaction. Lock your card after each use. Set limits for call transaction (historic shopping using card number) and online (internet) transaction to 0. Disable magnetic strip - no way to clone chip during withdraw ;-)
@paulk84447 ай бұрын
Every exchange place is different as i had some reject some bills while others took them and Best is No marks or tears and as Crisp as possible and lower denominations get a lesser rate. Go to smaller places and shop around but allot of Big Grocery stores Robinsons etc will have one nearby so ask locals like security guards.
@jwall627 ай бұрын
I thought there was no crime there? How prevalent is it?
@Mexicobeanpole7 ай бұрын
@@jwall62 there’s no place on earth with zero crime unless humans aren’t living there.
@clintclark897 ай бұрын
Crime is very low, but not non-existent. The most prevalent crime is snatchers. They snatch bags, wallets, jewelry etc. and then run. They typically have a spotter with them and work in tandem. I have never had anything snatched and only witnessed it once. Filipino on the street snatched necklace off another Filipino riding in a Jeepney while in traffic. Also saw a crazy guy try to rob a calendaria in the province with a bolo once. He wasn't successful and the locals beat the heck out of him. @@jwall62
@Dennis_Heaton7 ай бұрын
The funny thing about the security questions is that people can find out your first teacher's name, mother's maiden name, etc. If you answer with "banana" instead of the real answer, that's an extra layer of security.
@Man-In-The-Home-Stretch-607 ай бұрын
I just changed all my passwords to "incorrect." That way, if I ever can't remember and I type it in wrong, the system says "Your password is incorrect. Please try again." Nifty little reminder!
@mick-berry53317 ай бұрын
@@Man-In-The-Home-Stretch-60😅 hahaha, I love that! Great idea.
@KanoDailyThePhilippinesandMore7 ай бұрын
Yep, I ordered two birth certificates a while back, thinking I needed one for something. They came in separate envelopes. I saw them in my USPS Informed Delivery. Only one of them ended up in my box. Don’t know if one went to a different box with the same apartment number or what. But it had where I was born, my mom’s maiden name, etc. Everything someone with bad intent might want.
@L4P-Monk7 ай бұрын
@@Man-In-The-Home-Stretch-60pretty funny
@MichaelPilit7 ай бұрын
OLD DOG, ANOTHER BULLSH*******TTTTTTTTTTTTTTTTTTTTTT STORY OLD MOR$N!!!!!!!!!!!
@larrygraham33775 ай бұрын
Once again, Thank you for this excellent video Paul. It's no fun being broke and a long way from home. This video has EXCELLENT ADVICE for anyone visiting the Philippines !!! 🤑🤑🤑
@paulinthephilippinesolddog92343 ай бұрын
Hi @larrygraham3377 Thanks! I'm glad it's helpful for folks considering retirement here in the Philippines.
@strangeanimal15357 ай бұрын
Thanks Paul, I'm seriously planning to move. I'm the old uncle sitting in the corner at thanksgiving nobody listened to, but should have. Paul, us guys looking ahead before making a move tend to do better in life. With age comes experience knowledge and hopefully wisdom. Your channel is precious to me. Information is key guys. Please keep up your wonderful work. Us men need you my friend. Many thanks Paul. Yes, I'm a subscriber. I'm eating up your videos like a fat kid in a candy store. Who knows, maybe our paths will cross some day. Be well friend.
@paulinthephilippinesolddog92343 ай бұрын
Hi @strangeanimal1535 Thanks for the kind words! Means a lot to me too. Good luck with your plans!
@lawrencer86737 ай бұрын
Paul's vlogs never get boring, alway informative, great job Paul 👏
@paulinthephilippinesolddog92347 ай бұрын
Thanks Lawrence
@Mark-uv6sm7 ай бұрын
Paul, since I don't have email for you.. Could I kindly offer a suggestion. When you are informing Or offering your advice,,/ suggestions , could you use " a sign" so we/ I have both Visual "cue " And hearing of the good advice you offer or on the video have " segment" clips, so One can go back to a. certain item you.. brought up
@morgan974757 ай бұрын
Not all banks & credit card companies need to be contacted prior to international travel. However, once overseas & making a purchase will cause them to reach out to you (usually through text) to confirm the purchase, hence the need for your phone with international plan.
@RobertBellhouse-ew6oo7 ай бұрын
In the UK international SMS is free - I just load $5 in addition to my plan for the rare incoming call.
@Mark-uv6sm7 ай бұрын
Yes, your SO RIGHT,,no need to contact your Bank, But Why take a Risk,, can you accept the non usage of the card for 2-3weeks until a new card arrives? Have you considered opening a a dollar account?. open with cash, then you can deposit your stateside bank check, that money Will be available in 30days( this could have changed since 2020) . then withdrawal the money, either Change at the bank,go to SM business centre Or local money changer. As a previous long Term Expat (99-20) Paul's information is QUITE helpful, if I was thinking about coming over, for my first time,I will accept Paul's information A's the best I have read sofar.
@Mark-uv6sm7 ай бұрын
Slightly off topic, when I needed to give my USA bank,I Had a USA toll free number that connected to My Smart number, very low cost, again.just Google "call back service.". Hope this is not violate the post rules.
@1Chuck4U2C7 ай бұрын
Great Advice Paul for all the NEW adventurous travelers/Expats, PEOPLE please you must have multiple ways to access your finances, Remitly , Wise , Pay-Pal, Western-Union, and or Xoom. Split/Separate your Credit Cards and ATM, don’t carry them all in one wallet, do not carry your electronic device with you that has your Banking Information, Lock that device up and secure elsewhere while out of your domicile dwelling. Have a wonderful time and not tragedy.
@watersbey257 ай бұрын
Always use your VPN on any wifii Get a Schwab debiit card Get a fidelity debit card Bring x3 credit cards with no foreign transaction fees Have at least 2 ways to wire money Set cc alerts to all transactions Bring three USA sim cards Add an extra line to your cell phone Know how to "lock" your credit card Protect your health then your money Try province then try city living Try living in a house then a condo Try to adapt, forgive yourself when you make mistakes and enjoy it here.
@paulinthephilippinesolddog92343 ай бұрын
Hi @1Chuck4U2C Thanks for sharing! Remitly, Wise, Pay-Pal, Western-Union, and Xoom are great options for us expats to access our finances. We're glad you found the advice helpful!
@oncall217 ай бұрын
Sage advice as always Paul. Another thing I would add is medication. Bring scripts or better yet a letter from your treating physician on what medication and dose you are on. I arrived in Manila a week ago and opened my suitcase. For the first time in my long traveling life I discovered I had left an important medication at home. Long story short after seeing doctors, specialists with my scripts, here in the Philippines the most a hospital would provide me for was ten days. I ended up having to fly home to Melbourne Australia, drive to my house, grab the meds and race back to the airport to fly back to Manila. It cost me a lost internal flight and accommodation as well as 40 hours in the air and one tampo girlfriend here. Never happened before and won’t happen again! Thanks for sharing! 🙏
@pilotmark28617 ай бұрын
Yes. Very important to have copies ( hard ) and digital of all Rx.
@jannarkiewicz6337 ай бұрын
No Filipino reads the prescription. Just refill it at different pharmacies. There is no centralized monitoring of prescriptions. I mean I am talking high blood pressure, arthritis and no dangerous stuff.
@youngandfree937 ай бұрын
Tampo girlfriend? Time to move on. Tampo is pathetic and childish and disrespectful. No excuse for it.
@paulk84447 ай бұрын
In USA allot of Medical info is on an APP on phone as all my info is accessible to me anywhere i travel so it was an easier transition and never a worry.
@baldandaboomer83677 ай бұрын
@@youngandfree93 to where they are all "tampo" to some extent and I don't blame her, "Oh I just have spend $1k+ to pick up my meds"..... time for HER to move on from Mr oncall21
@egovorch7 ай бұрын
Thanks Paul!...you do a great service to the "new guys" with your boots on the ground offering your lessons learned. Lots of guys just let some of the new guys stumble around and don't offer any assistance. Good on you for your great insight and sharing your experiences....thank you
@paulinthephilippinesolddog92343 ай бұрын
Hi @egovorch Appreciate the kind words, thanks for watching!
@TravelingTexan237 ай бұрын
I was there in December, I called Schwab, USAA and Chase for my cards. They all told me it isn't necessary these days. However I would still call them. Also you will get a way better rates at an ATM in the airport than a change kiosk.
@paulinthephilippinesolddog92343 ай бұрын
Hi @TravelingTexan23 Thanks for sharing your experience! We've had similar situations with our accounts too, always good to double-check.
@kennethschweighardt49207 ай бұрын
Thank-you Paul for all your helpful information. I visited the Philippines in 2022 and followed all your advice previous to that. I had a perfect trip with no troubles at all except for a pick pocket while riding a jeepny who swiped 600 php from me. She swiped my phone too but my companion ran down the road and stopped the vehicle, boarded the jeepney and shook the woman down to retrieve my phone. I was unaware she got money too. My point is I was well prepared for mostly everything I would encounter because of your help. May God Bless you and Mae, keep you safe, and increase your wisdom and influence.
@paulinthephilippinesolddog92347 ай бұрын
Thanks so much 👍
@rodneymoore61807 ай бұрын
Like Paul said you will need money for taxi service when you arrive. Also even if you have your hotel paid for in advance, you might have missed the security deposit they require in the fine print that is in most cases cash only.
@vinniephillips4527 ай бұрын
One thing I did before moving to the Philippines is getting 2 cellphones. I use one for my T-Mobile account and the other is for my Philippine number. As far as money goes, Charles Schwab has a one year vacation period and Fidelity is less. Both have great online services, which makes it easy to extend your stay on your smartphone. And both reimburse your atm fees at the end of the month! Nice informative video Paul.
@napoleonmdusa88777 ай бұрын
hmm-Schwab told me their "vacation" period is 6 months and after that they'll lock out my access. They didn't mention anything about extending that while overseas.
@napoleonmdusa88777 ай бұрын
@@rs5801 This is because you live in Thailand. Schwab has no issue for expats who live in Thailand, Malaysia, Singapore but restrictions for those living in the Philippines. To live overseas, I'll need to access my IRAs to pull money out of them and Schwab has an issue with that happening in the Philippines for more than 6 months.
@FiredtoFreedom7 ай бұрын
@@napoleonmdusa8877 That's interesting and good to know. How do you get around it? Is it not possible to keep a schwab checking account and live in Phils?
@Amen.227 ай бұрын
@@FiredtoFreedomThat’s my plan, now I don’t know if it’s going to work long term.
@Amen.227 ай бұрын
Charles Schwab has an international account that you can get. I don’t know the details.
@paulk84447 ай бұрын
Great reminder to have multi[ple ways to get and move money and send yourself funds and another smart thing is to buy and have a portable "Safe" you can lock valuables, important papers, phone, money etc. in that has a cable or chain to secure it to fixture. So you don't depend on a secret stash or having it loose as you don't want to carry it around. And make copies of passport, license, etc and keep copies of stuff separately.
@paulinthephilippinesolddog92343 ай бұрын
Hi @paulk8444 Thanks for the additional tips! We'll definitely consider those for our own planning.
@midlifewanderings7 ай бұрын
We always call the credit card company before we travel to the Philippines to let them know our card will be swiped in the Philippines. We never had any problems and yes, cash is king in the Philippines so we bring cash too. Exchange rate is low when you transact it just outside the airport where you catch you're ride so be mindful of that. Good advise Paul, thanks.
@paulinthephilippinesolddog92343 ай бұрын
Hi @midlifewanderings Thanks for sharing your experience! We also inform our credit card company before traveling to the Philippines. Cash is indeed king here!
@a.c.king-dk5yl1ep2m7 ай бұрын
Without a doubt this is one of the clearest and most concise vlogs I have seen on this subject. You made it simple enough that even a Neanderthal (like me) could follow it. Thanks!
@paulinthephilippinesolddog92343 ай бұрын
Hi @a.c.king-dk5yl1ep2m Thanks for watching and glad you found it helpful!
@gailmaplesden73807 ай бұрын
Many guys retain their bank in the states and have a family member as a power of attorney for you and just use remittance services instead of having your social security sent to the philippines. Large transactions like your visa retainer can be electronically transferred, and large purchases like a motorcycle or car can also be handled the same way. Thank you for the information Paul.
@paulinthephilippinesolddog92343 ай бұрын
Hi @gailmaplesden7380 Thanks for sharing! We've used remittances for smaller transactions and it's been convenient.
@robertpinkerton9407 ай бұрын
One other topic to mention, especially if buying a cheap cell phone. Then proceess of "buying a load should be explained. I know that term cmpletely went over my head when I first heard it. That was an excellent topic to bring up, my friend. Thanks so much for sharing, my friend . You are always a hoot to watch. Those laughs of yours crack me up. Their timing is perfect. You are a natural. Keep on keeping on with those terrific videos, Paul. By the way Is the bird the one doing the talking and you are playing the part of the dummy? LOL 🤣
@paulinthephilippinesolddog92347 ай бұрын
Yes, Gaylord talks and I just move my lips 💋 😘
@WhoWouldWantThisName2 ай бұрын
I've been checking out videos on other channels but this is still the best, or at least my favorite, channel on all things Philippines and expats. Thanks for the continual flow of useful info Paul.
@musicguy8667 ай бұрын
Great info Paul !! Thank you for this important info, it came at the right time!!! Blessings forward to you , and Baby May!
@paulinthephilippinesolddog92343 ай бұрын
Hi @musicguy866 Thanks for watching, appreciate your kind words!
@paulshamblin62607 ай бұрын
Theres one bank there your atm card will work at. Its affiliated with the Philippine government. It was 100% for me. Also, i used my debit card and credit cards at every hotel i went to. Ramada Makati in Manila. CLN in Tacloban on Leyte( good food there!) Were two. I booked those 2 online. I thought the bank in the US froze my account although I had called and traveled before. Its a bad feeling. I didn't realize i had about $500 still in my suitcase from previous traveling. Good thing bc I needed it when i got home. Go to the Philippines and get a wife. Best thing i ever did. This channel inspired me. Thx Paul
@paulinthephilippinesolddog92347 ай бұрын
Thanks 👌
@razoo7 ай бұрын
The Philippines Unplugged has an excellent video on how to plan your arrival to the Philippines. If your buddy had of watched it he might have never had his problems. Of course the unplugged channel isn't very big so probably not seen by those who really need to see it.
@paulinthephilippinesolddog92343 ай бұрын
Hi @razoo Thanks for sharing! We'll definitely check out that video and appreciate the recommendation.
@rodneymoore61807 ай бұрын
Believe it or not there is no way now with some CC companies to notify or submit an international travel plan for your card. They will just tell you "it should be all set to use, we'll notify you if we suspect suspicious charges". That works real well for a first time traveler huh? The first charge will be suspicious to them, then they shut your card down.
@zuchnicky7 ай бұрын
🤑CC is evil 👹 - use debit card
@rodneymoore61807 ай бұрын
@zuchnicky Only evil if you let it be. You're responsible for your poor decisions to use it unwisely. I save hundreds of dollars a year using mine properly in the right places. My debit card won't save me money.
@zuchnicky7 ай бұрын
@@rodneymoore6180 try to think why it was REALLY invented. Using it, you are in. Supporting this system.
@watersbey257 ай бұрын
Noooo. They freeze your card while sending you a security alert to your email of a fraudulent charge. .You didn't follow up on your requested travel alert with another operator. You know the rules. Call them toll free on Skype, and have them verify it's you, then they unfreeze your card quickly. Easy .
@paulinthephilippinesolddog92343 ай бұрын
Hi @rodneymoore6180 That's frustrating! We've had similar issues with our credit cards here in the Philippines. Thanks for sharing your experience!
@dougc94277 ай бұрын
Great VID, its a good refresher course, and boy you cleared my head again. THanks
@jbuzzy7 ай бұрын
Paul, I always watch you on my TV, I always give a quick thumbs up and on the last three times I've had to resubscribe. The notification has been ok, just my sub has been gone. Thanks for everything Jon😄!
@paulinthephilippinesolddog92347 ай бұрын
Wow, thanks
@rickylee61296 ай бұрын
Excellent Video Paul 😊. Good planning is a must for sure. Keep the video's comin. Stay Safe 💕 💞 🙏 🙏
@paulinthephilippinesolddog92343 ай бұрын
Hi @rickylee6129 Thanks, appreciated!
@thomaspick41237 ай бұрын
You are correct in telling banks about going overseas. Credit card usage. Also, keep a stateside telephone number, mailbox address, and U.S. driver license. Keep them active.
@paulinthephilippinesolddog92343 ай бұрын
Hi @thomaspick4123 Thanks for the additional tips! We've learned that having an active US phone number and address can be helpful.
@nevertooldtotravel80347 ай бұрын
Paul’s always entertaining and informative. I’ve lived here for over a year and use mostly cash. The only change which Paul may have missed is that ground zero and a few more pubs and restaurants have started accepting credit cards the last few months in dumaguete
@paulinthephilippinesolddog92343 ай бұрын
Hi @nevertooldtotravel8034 Thanks for sharing your experience! Good to know some places are starting to accept credit cards in Dumaguete. We appreciate the update!
@peten4097 ай бұрын
Yes a cheap cell phone number that allows wifi calling is a must. I carry 4 debit cards, never had a problem until last week in Malaysia and they had changed atm system only 1 of those debit cards worked until I found out I needed to go to different banks. I would have been in serious trouble without backup. And some spare money to change.
@paulinthephilippinesolddog92347 ай бұрын
Great tip!
@-goldfinger26957 ай бұрын
Your local bank can provide most countries currency before you leave for a small fee as well I brought 15,000 Philippine pesos in different denominations before I left the USA
@edwardmylnychuk57747 ай бұрын
i was thinking the same thing, that would be the smart thing to do
@paulinthephilippinesolddog92343 ай бұрын
Hi @-goldfinger2695 Good tip! We also exchange currencies at Dumaguete's airport for convenience.
@vernonsmall49497 ай бұрын
U don't need to call capital one if u r going overseas. I use my card at a restaurant in Manila without calling me credit card company. Otherwise good info old dog.
@robinorga5287 ай бұрын
Paul when I came over to the Philippines for a 30 day vacation. I used RIA and sent myself 4 separate 500 dollar payments. I just went to a local Palawan location and picked up my money.
@kellymccabe35517 ай бұрын
I’m planning a visit this year. It might be where I will be spending my retirement. I’m very appreciative of videos that will be helpful during my transition.
@robertricker27277 ай бұрын
If you staying here and have a dollar account you can write a check to bank for only a 5 dollar charge if you have about 20 days to clear. You can get enough for several months at a time without mutiple fees.
@midlifewanderings7 ай бұрын
That's exactly what we did when we lived there for 3 years. We just wrote a check and deposit it to our Philippine bank account. It took 60 days to clear but we just made sure we have enough to cover those days before the money posts to our account. We will be doing the same thing when we move back there in June as that seems to work fine for us.
@user-sz8gu8ik2r7 ай бұрын
Good advice Paul. I had no problems using my debit card from my U S bank, but what you maybe needed to mention & didn't is using your debit/credit card from a foreign country there is a 250 peso fee charge on every ATM transaction you make in the Philippines. Also you are only allowed to take out 10,000 pesos maximum per transaction. Those ATM fees add up quickly until you open a Philippines bank account. That is a lot of cash out of your pocket that could be used here.
@FiredtoFreedom7 ай бұрын
There are a few US based checking accounts that include no foreign transaction fees and ATM fee reimbursement up to like $6 per transaction. The world traveler needs to do the research and use these accounts.
@Amen.227 ай бұрын
I have a Charles Schwab account and I use my debit card anywhere in the world. No fees and they reimburse any fees that the ATM charges.
@paulinthephilippinesolddog92343 ай бұрын
Hi @user-sz8gu8ik2r Thanks for sharing your experience! We'll keep that in mind for future videos.
@J-Tyson5587 ай бұрын
They wouldn't take two of my $100 bills one time because they were older than 10 years old. I was in absolute shock. For the life of me I couldn't understand why they wouldn't take it because the US government states that all designs of US currency remains legal tender regardless of when they were issued. I asked the lady why they wouldn't take it she couldn't give me an answer, it's just the store's policy. It's the Philippines for you.
@biff99997 ай бұрын
It's not just the Philippines, it's almost every single country in Asia, many countries in Africa, and a few countries in Latin America.
@carthellkelly15997 ай бұрын
Actually, there's no mandate for countries outside of the US to take any form of USD as legal tender in commerce (local law may modify such a policy, however). What the presenter did miss (probably because the method is nearly obsolete) is traveler's checks as an alternative to cards and cash. Traveler's checks can be replaced if lost or stolen, and can be used directly with a merchant or exchanged for local currency. The drawbacks are the checks may be harder to get because they're not used as much today; and may be relatively expensive to purchase.
@paulinthephilippinesolddog92343 ай бұрын
Hi @J-Tyson558 Thanks for sharing your experience! We've had similar issues with old US bills in Dumaguete too.
@KnownAsLeo7 ай бұрын
As someone who has vacationed in PH a few times, this is great advice. Most notably contacting your bank prior to leaving letting them know where you're going and for how long. Ditto for exchanging some currency at the airport prior to setting off on your adventure. Be sure to have enough to cover things, but mind your surroundings when flashing those Pesos.
@paulinthephilippinesolddog92343 ай бұрын
Hi @KnownAsLeo Thanks for the additional tips! We've learned that one too! Safe travels!
@stevemorris35447 ай бұрын
This information is correct. One of the many reasons to visit a few times first, to work out the bugs. There is so much information online, like Paul's channel. If you don't do your own due diligence first then you get what you get. Sadly some don't research and prepare before travel. Brain damage 😂. As Paul knows I had one of my bank accounts frozen for three months while in the Philippines in 2020 but I had a couple of backups and continued on with no brain damage. 😂
@paulinthephilippinesolddog92347 ай бұрын
I remember that Steve, hope you are enjoying Thailand 🇹🇭
@ONealMusicStudio7 ай бұрын
You made the case for Thailand over the Philippines in one simple statement. You’d never worry about getting robbed in Thailand. One of the safest places I’ve ever been and I’ve been to over 60 countries.
@yayafan7 ай бұрын
I've walked around the Philippines with 3k in my money belt and haven't been robbed once or even felt wary. Of course I don't hang out in dark alleys at 3 am
@paulinthephilippinesolddog92343 ай бұрын
Hi @BillO624 Thanks, we've had good experiences with safety here too!
@saca19517 ай бұрын
Paul, The last time I traveled to the Phil, I went to my bank before departing the USA and exchanged US Dollars for peso's. Upon arriving there I already had a few hundred in Peso's...Some banks may have to order the Phil Peso a few days in advanced. I used Wells Fargo at the time. I guess either way works...
@kentfonda82457 ай бұрын
I did the same thing getting , peso at my U.S, bank. Getting in the line fast to exit the airport is key, might save you an hour of time.
@paulinthephilippinesolddog92347 ай бұрын
Thanks for sharing
@jamesrobinson73817 ай бұрын
great advice about the 100 dollar bills with no imperfections ... it's happened to me in other countries
@paulinthephilippinesolddog92343 ай бұрын
Hi @jamesrobinson7381 Thanks for sharing your experience! We've encountered similar issues here too.
@SpiritRobert-gq3pl7 ай бұрын
This important information will save a lot of people a lot of headaches
@paulinthephilippinesolddog92343 ай бұрын
Hi @SpiritRobert-gq3pl Thanks for watching and sharing! We're glad it's helpful.
@user-vq8yk1wc1u7 ай бұрын
Contact your financial institution prior to departure to obtain Philippine Pesos before you depart and skip the airport currency conversion.
@user-fv8lm8hs9s7 ай бұрын
T3 better exchange than home 🏠 country
@user-vq8yk1wc1u7 ай бұрын
@@user-fv8lm8hs9s No worth waiting in line. You're paying for convenience.
@marianeil66307 ай бұрын
Bank will not accept any tear in the dollar bills, but it will be accepted in the exchange shop but lower the conversion. Bring crispy 100.00 dollar bills, and bring Philippine pesos currency, get to your US bank, some will charge and some will not.
@jamestopeka22367 ай бұрын
Good topic Paul , i have 10 years experience coming to the Philippines so i learned some of that the hard way lol 😆 still learning somethings the hard way 😅
@FiredtoFreedom7 ай бұрын
If you are going to bring cash for use in the Philippines, why not just exchange in your home country first and bring actual pesos so you're ready to hit the ground running? You can also seek out the most favorable exchange rate locally while you await you trip.
@jharn75147 ай бұрын
Paul, thanks for the advice! The way you talk in your videos seems like you are a friend speaking to me over coffee.
@paulinthephilippinesolddog92343 ай бұрын
Hi @jharn7514 Thanks, buddy! That means a lot coming from you!
@homebasebelgium3597 ай бұрын
When I was in the Philippines last February, I withdrew money from the ATM with my debet card. Yes, I had it opened for international use. At the mall I paid with debet or credit card. In the restaurant, I paid debet or credit card if they accepted it or cash if they didn't. I had some Euro's with me, but never exchanged them.
@paulinthephilippinesolddog92343 ай бұрын
Hi @homebasebelgium359 Thanks for sharing your experience! We've also used debit cards and credit cards for everyday transactions here.
@retiredcryptohunter90317 ай бұрын
If you’re an American and moving to the Philippines it is extremely important to have an American phone plan. I have T-Mobile also and I use it multiple times a week to get a PIN number for whatever reason I need it for.
@jerrymarshall27287 ай бұрын
I also have T-Mobile, and I’m paying for the International Calling Plan, but for some reason, can’t always access 5G, or LTE. If I’m not on WiFi, I can’t use my phone here!
@bruce34627 ай бұрын
I'm an American and have been in the Philippines about a year now, and all I use is Google Voice. I've never even had an American phone plan before.
@retiredcryptohunter90317 ай бұрын
@@jerrymarshall2728 I’m in Vigan but have traveled back and forth between Manila and my phone works about 90% of the time. I’ve been here for two years now and moved over as soon as I retired from the military and I was able to complete my VA disability claim after I arrived but only because I had my T-Mobile US phone and number so I could log into the VA website which requires receiving a PIN each time I log in. I am also currently working on my SSDI claim and that also requires me to log into the SS website and also requires a PIN that I get by text on my U.S. phone number. If you visit a new area with your T-Mobile phone it usually takes about 24 hours before your phone will get a good connection because it needs to be verified and associated with that tower and provider but once the tower recognizes your phone it should be smooth sailing from that point on.
@zuchnicky7 ай бұрын
@@jerrymarshall2728 it means you have modern phone which is able to route "normal phone call" over internet. So it means your phone is turned off (like plane mode) and you use only wifi. You need to allow call roaming on your phone and/or at your provider. If you want data (internet over phone network / 3G/4G/5G/LTE) you have to allow also data roaming on your phone. But FIRST be really sure you have some Intern. DATA plan, otherwise it could cost you thousands for used mobile data. Basically it is almost always cheaper using local sim card (pre-paid one for short term).
@MrLobrist7 ай бұрын
Hey Paul Timely video I'm currently in the middle just such a problem. Did the right things, still had a problem I been a week on the phone with my bank (in the middle of the nite) still haven't gotten a working card. I've had promises of reinstating my card, but no working card Fortunately I brought some cash. I'm afraid I may have to fly back to NY to straighten my card out.
@jamesmcdonough27267 ай бұрын
cancel the card or say you lost it and ask them to FedEx a new one to you,you might just have it sent to a hotel rather then a residence,
@paulinthephilippinesolddog92343 ай бұрын
Hi @MrLobrist Sorry to hear that! We've been through similar frustrations with banks here too. Hopefully your issue gets resolved soon.
@alaskacpu7 ай бұрын
Thanks Paul for what you. Me & my Filipina wife bring enough cash whenever we fly there. We send money from the US to the Phillippines whenever we are back, and it’s deposited into our Philippines Bank Account. We never use ATM so no fees. We Go Home to the U.S.A once a year, rinse & repeat. That 12 months in the Philippines, my pension & retirement in the US is saved all year until we return again. I have autopay for a few minor payments for my US account to Show monthly activity. It’s not for everyone, but work well for us. ❤
@paulinthephilippinesolddog92343 ай бұрын
Hi @alaskacpu Thanks for sharing your experience! We've found similar benefits with using our Philippine bank accounts and automating transfers from the US.
@GlennHiggins7 ай бұрын
Good advice Paul. I recently travelled to Philippines xmas/new year. I had cash$, and notified my bank the exact dates I'll be away. I had no problems using Remitly to transfer fund$.
@joe.man.7 ай бұрын
I believe you can use your local USA bank before you fly to the Philippines to exchange money for Philippine currency.
@mrkcur7 ай бұрын
The conversation rate will be bad if you do it in the US. You’ll get a much better rate in Philippines or whatever country.
@jamesjr32407 ай бұрын
Thanks Paul. That's VERY helpful information.
@paulinthephilippinesolddog92343 ай бұрын
Hi @jamesjr3240 Glad you found it helpful!
@amossnowdaharleyman91797 ай бұрын
Recent retirees, no matter where they are, need to plan and adjust. Wife (from Cebu) was telling me about a friend who is in her 40's and her husband who is in his 80's. Husband keeps online shopping and buying like he still has a good income and he doesn't. I retired in July of 2022 and went from a very high income to approximately 1/3 of that from investments. I won't get social security for another 5 years at 67. For me it isn't terrible: no debt and our basic high end middle class expense load is at 80K a year here in NE Texas: taxes,insurance,food, a little travel,maintenance and repair of 3 properties, Obamacare ( I pay full premium) co-pays,meds,etc,etc,etc. Long way of saying PLAN ahead.
@youngandfree937 ай бұрын
I can't believe in their 40s could tolerate a guy in his 80s! I guess he just says yes to everything and losing critical thinking at that age.
@amossnowdaharleyman91797 ай бұрын
@@youngandfree93 huh?
@paulinthephilippinesolddog92343 ай бұрын
Hi @amossnowdaharleyman9179 Thanks for sharing your experience! Planning is key to a successful retirement. We can attest that it's crucial to adjust and be mindful of expenses in the Philippines as well.
@philly17767 ай бұрын
Another option for a USA based phone number is skype. I think I pay around $65 a year for my USA based skype number and it has been a life changer since Ive been in Thailand.
@factsmatter12627 ай бұрын
You don't need to have an international plan to use your phone number overseas. Use wifi calling. It's free, and as long as you have wifi when you need to use it, you'll be fine.
@regionsbeyondyou7 ай бұрын
So your saying USA number will work fine there if your calling through wifi zone? Novice here. Thanks
@sdleasia7 ай бұрын
I am in the USA still. 3 months to go. I unlocked my phone, then ported my ATT number to Tello eSim. They allow you to wifi call to the States, but it will only use your minutes. 2FA and bank verifications are working good since it rides on T-Mobiles network. You can choose your own a la carte plan, mine is $16 a month. I will probably use airalo until I can legally register a local number and eSim. 2 numbers, one phone.
@factsmatter12627 ай бұрын
If your carrier offers it (I don't know of any that don't in 2024), and you have it turned on, then yes, you will be able to call and text as long as your phone is connected to wifi.@@regionsbeyondyou
@factsmatter12627 ай бұрын
One more thing, you should turn it on in the US and test it before you travel@@regionsbeyondyou
@paulinthephilippinesolddog92343 ай бұрын
Hi @factsmatter1262 Good tip, thanks!
@Max-oi9es7 ай бұрын
Social Security is all mixed up. I'm allowed to use a Voip phone numbers and i use a non physical address for my mailing purposes with them as well. Both of which I've heard of other retirees having issues doing so. I'm not sure why.
@user-ee9yc6lv7g7 ай бұрын
Just curiois, was it easy to open up an account here to do the SS transfer? I understand it's ok for tourists to open an account.
@jared400007 ай бұрын
Paul if I ever get the courage to fly I would truly want to meet you. This was an excellent video right to the point.
@mindanaokiwi9347 ай бұрын
Good luck with that licker,,,he's full of shit...
@paulinthephilippinesolddog92343 ай бұрын
Hi @jared40000 Thanks for watching and enjoying the video!
@derekslaven34547 ай бұрын
IGNORE THIS ADVICE AT YOUR PERIL....... if you think what is said in this video will not happen to you then your in for a rude awakening....how do i know.......lol.... i got the tee shirt the hard way ........being prepared will make your holiday/stay less stress free and more time for the good things you want to do .........PAY ATTENTION or pay the price............
@paulinthephilippinesolddog92343 ай бұрын
Hi @derekslaven3454 Thanks for sharing your experience! We're glad our video resonated with you.
@vn67147 ай бұрын
THANKS PAUL GREAT INFO SO HELPFUL
@paulinthephilippinesolddog92343 ай бұрын
Hi @vn6714 You're welcome! Glad you found it helpful.
@pilotmark28617 ай бұрын
Excellent advice as usual. I’ll maintain my present company on international plan. Also linking my American account with Bank of Commerce as you previously described.
@markrenne61367 ай бұрын
Another bid of great advice from Paul I just did was I signed up for my SS so that two checks should hit the bank account May and June before I move permanently in July
@jshepard1527 ай бұрын
Good plan, but you are allowed to take your Social Security benefit to (almost) any country in the world.
@AtHomeinSubicBay-cw4ij7 ай бұрын
Understood but I’m am choosing to have my deposits made in a U.S. bank. In the past just prior to Covid I was working and had a bank account in India. That experience taught me do not put more in any foreign bank unless you can walk away from those funds. I had to exit with little warning and any remaining funds had to be abandoned.
@jshepard1527 ай бұрын
@@AtHomeinSubicBay-cw4ij Agree. I would keep the bulk of my money in an FDIC insured US bank, and just transfer enough to live on, as needed.
@paulinthephilippinesolddog92343 ай бұрын
Hi @markrenne6136 Great move, taking care of SS ahead of time! That's one less thing to worry about when making the big move.
@alfredenewman7956 ай бұрын
No matter what country you’re going to , Europe or Asia, Latin America. this is damn good information and advice. And keep your old phone number, buy a cheap local phone and number! I still have my first phone from Mexico, years old now. And it’s still handy to have. Being screwed is not fun in a foreign country.
@paulinthephilippinesolddog92343 ай бұрын
Hi @alfredenewman795 Thanks for the endorsement! We're glad you found the advice helpful. Local phones are definitely a lifesaver here.
@autodallee45277 ай бұрын
I've found the exchange rate at Manila airport for € is better than I have found outside in the likes of SM and most of the small places. The time taken looking for a currency exchange place negates the difference. They vary in the airport so it's worth looking at each one before you decide. Especially useful if you are heading off to a more remote location, province or island. I only take €50 notes even though there are €100, €200 and €500 notes.
@jimprendergast18277 ай бұрын
Found the same exchanging sterling.Manila is one of the international airports where a decent exchange can be obtained Very rare and I exchange my cash there on every visit
@morlandoemtp6 ай бұрын
When I handed them 3k they would only mostly give me 1k bills
@jimprendergast18276 ай бұрын
@@morlandoemtp I found that if you request smaller notes they are very accomadating.I always do this explaining I live in the Province. They give me 500 100 50 and 20 as well as 1000 I usually change about £3000
@paulinthephilippinesolddog92343 ай бұрын
Hi @autodallee4527 Thanks for sharing your experience! We've had similar findings at the airport too.
@bacon817 ай бұрын
Thanks Paul. Great pointers I will definitely do myself
@donbxman70807 ай бұрын
GREAT advice is Always welcome Dog!
@paulinthephilippinesolddog92343 ай бұрын
Hi @donbxman7080 Thanks, glad you found it helpful!
@mytransitiontothephilippines7 ай бұрын
Great point I had a few hundred dollar bills that had a mark on them and they would not accept them
@paulinthephilippinesolddog92343 ай бұрын
Hi @fromtoxic2freedom471 Understandable! We've experienced similar issues with marked currency here in the Philippines too.
@trilithon1087 ай бұрын
At 7.05 you mention 'they want a landline number.' Actually, they want a cellphone number (signal bounces off towers). I'm in the industry. Easy to confuse - landlines are hardwired phones (often copper wires). 😊
@paulinthephilippinesolddog92343 ай бұрын
Hi @trilithon108 Thanks for the correction! We appreciate the industry insight.
@jshepard1527 ай бұрын
One bit of advice for Social Security disability folks. You are allowed to take your Social Security benefit to (almost) any country in the world, with a couple obvious exceptions like North Korea. But, there is a distinction between Social Security disability and retirement programs. If you're on SS disability, as opposed to retirement, you are still allowed to take your benefit abroad. However, you need to be able to receive mail in case they decide to do a Continuing Disability Review (CDR). A CDR is a review done on your case to check for medical improvement. If they were to notify you (by mail) of a review, and you didn't respond to that, they would likely cut your benefit off at some point, and can even ask for repayment of past benefits. So if you're a SSDI guy, you want someone to keep an eye on Social Security mail back in the States. For what it's worth, CDRs are likely to happen for younger people, much more unlikely (but still possible) once you get into your 50s.
@paulinthephilippinesolddog92343 ай бұрын
Hi @jshepard152 Thanks for the valuable tip! We'll make sure to stay on top of Social Security mail here in the Philippines.
@justsmy56777 ай бұрын
Banking Tip - if you plan to travel much internationally, or move overseas it is worth it to bank with a major bank that is accustomed to customers being and living overseas. I bank with a major bank, travel often overseas and have lived overseas. I never have to call the bank ahead of time and tell them that I am traveling. I have a credit card through the same bank. Using ATMs overseas is fairly easy (multiple places) when using a major bank ATM. ATMs usually have the best exchange rate. The PI often does have a lower daily limit on withdrawals. Pay attention to which ATMs have a higher limit. I have had good luck with ATMs at Citibanks. It is also much easier to wire money overseas with a major bank. Trying to bank with a small local bank or savings and loan is just not worth the effort. Keep your local bank account if you want, but open an additional account with a major bank several months before traveling.
@paulinthephilippinesolddog92343 ай бұрын
Hi @justsmy5677 Thanks for sharing your experience! We've had similar success with our major bank here in the Philippines.
@AllenLuedemann7 ай бұрын
Paul, I'm so glad that you mentioned the international calls thing with the phone, and alerting your banks about where you are traveling to. These points are so important to everyone traveling abroad. When I visited the Philippines once, I was so glad to have met a woman who was working at The Philippine Island National Bank. She was my savior with money exchanging, and the way I/we communicated. I would've been running around blind, losing money and with no way to communicate properly. So, thank you for the valuable information Paul. Hoping I will find my dream lady there as well. I will be coming to Dumeguete hopefully before June, and staying 28 days.😊
@paulinthephilippinesolddog92343 ай бұрын
Hi @AllenLuedemann Thanks for sharing your positive experience in the Philippines! We're glad our advice was helpful. Enjoy Dumaguete when you visit!
@MrMulto5 ай бұрын
Thanks for the phone info, I've been coming to the Philippines every year since 2011 and have never worried about it because I was on vacation, this May is for real, I'm officially retired and coming there to stay so, These tips are great advice!
@paulinthephilippinesolddog92343 ай бұрын
Hi @MrMulto Glad you found it helpful for your new life in PH!
@martypoll7 ай бұрын
Seven years later I am still paying for my AT&T phone number. This the number I gave my US bank. It is my physical SIM card. My Thai phone number is on my eSIM.
@paulinthephilippinesolddog92343 ай бұрын
Hi @martypoll Lol, good reminder! We've had our share of phone woes too. Thanks for sharing your experience!
@sharedsailing47877 ай бұрын
Most US cell phone providers support wifi calling and texting. You can call/text from anywhere worldwide that has wifi without needing an international plan. Most hotels and airports in 🇵🇭 have decent wifi as long as your not too far off the beaten path. You just need to make sure it's enabled on both your account and on your phone.
@lamonttaylor50617 ай бұрын
It good start a network with good tubes channel but I have a expat friend and Filipina friends in Philippines now.
@onetalentedman28227 ай бұрын
Expires dates on bank cards is a issue fue people check. They go over seas and then in a short time the bank card or credit card is useless due to expiring. I renew my bank card if leaving country for a few years for peace of mind.
@algonquinanderson86005 ай бұрын
Brother, I just want to say thank you so much for the information.
@johndubeansky65476 ай бұрын
Solid advice again from another blue-collar gentleman! Ty!
@paulinthephilippinesolddog92343 ай бұрын
Hi @johndubeansky6547 Thanks, buddy! We appreciate your support!
@JMoroccoMisterBoy7 ай бұрын
Paul, good info about setting up your 'good' phone for international service and also letting your Banks and Credit Cards Company's know where you are traveling and for how long you intend to be on'-ah'-move': Tks., much appreciative.
@paulinthephilippinesolddog92343 ай бұрын
Hi @JMoroccoMisterBoy Thanks, glad it helps!
@faulmannpictures6 ай бұрын
Hi Paul, great info. In addition everybody, you can go to your bank and order pesos before you leave America. Must be a bank, credit unions don’t offer foreign currency services.
@paulinthephilippinesolddog92343 ай бұрын
Hi @faulmannpictures Good tip! We'll keep that in mind for future travelers. Thanks!
@BadEinsteinReal7 ай бұрын
HAPPY BIRTHDAY PAUL… I haven’t watched lately because I’ve been so involved in my own problems here in LA… but I sure as hell hope you and Mae are doing great lately! Have another great year, and many more to follow!
@wmurphy625 ай бұрын
I didn’t even think about contacting my bank until you mentioned it Paul!!
@paulinthephilippinesolddog92343 ай бұрын
Hi @wmurphy62 Glad we could help! Banking details can be easily forgotten, and it's crucial to update them. Thanks for watching!
@gaboristvankiska76557 ай бұрын
I do a multiple layers of safety when going to the Philippines regarding money. First I buy a reputable airlines outward changeable ticket in case emergency happens. Second I send money to myself the old way manually to western union before departure to the Philippines. Third can't avoid but carry plenty of cash to the Philippines. Atm and these apps are a gamble.
@paulinthephilippinesolddog92343 ай бұрын
Hi @gaboristvankiska7655 Great approach! We've found that having multiple safety nets is crucial when moving abroad. Thanks for sharing your experience!
@seanriley84487 ай бұрын
This video is good for any country
@paulinthephilippinesolddog92343 ай бұрын
Hi @seanriley8448 Thanks, we agree that the lessons apply globally!
@GuitarJams-zs7yf7 ай бұрын
The main branches of Bank of America will give you foreign currency if you ask for it. It might take a day or two but you can get it through the bank.
@paulinthephilippinesolddog92343 ай бұрын
Hi @GuitarJams-zs7yf Thanks, we'll keep that in mind!
@davidpartridge92747 ай бұрын
One can order pesos from a bank in the U.S. You are allowed to bring fifty thousand pesos to the Philippines.
@mackemitalian7 ай бұрын
I have heard this also. Many Americans have never left the country. I am from the UK so international travel to Europe is common thing. I have kept my uk number but also have a globe sim. My mobile phone allows 2 sims so I am setup to default calls,sms,data to globe. I still receive all OTP via sms and these are free to receive. When in Italy, I replace my globe sim with a TIM SIM card.
@Jim-ku6ry6 ай бұрын
You are correct. The average American doesn't even leave their own state let alone the country. Completely clueless on how the rest of the world works
@paulinthephilippinesolddog92343 ай бұрын
Hi @mackemitalian Thanks for sharing your experience! We've done something similar with our Philippine numbers. It's great to have flexibility when traveling internationally.
@michaellewis51337 ай бұрын
Great information you gave us about traveling from the states to the Philippines. I’m planning on coming there this year to visit and see if I want to retire there. The info you provided us is real treasure and it will make my experience better. Thank you for your knowledge. I hope I get to pump into you and personally thank you when I’m there. BTW, thanks for all of your videos. They are very educational, informative and entertaining.
@paulinthephilippinesolddog92347 ай бұрын
Glad it was helpful!
@stephenmitchell79157 ай бұрын
I agree with everything you suggested. AMEX even called me, on the phone I have registered with them, to let me know someone spent $10,000 on first class round trip tickets to Dubai. We had just bought some shoes at a shop in the Manila (airport) Marriot. It took less than ten minutes for the first hit! Thank goodness they had my whole itinerary!
@paulinthephilippinesolddog92343 ай бұрын
Hi @stephenmitchell7915 Thanks for the relatable experience! Glad everything worked out for you with AMEX.
@larrye26797 ай бұрын
Good advice Paul. I have always used WIFI Calling when calling home but I will look into that phone plan you mentioned with my phone carrier. Also, it's a good idea to carry your wallet in your front pocket. Great video 👍
@bxpress65077 ай бұрын
Very interesting, important information..thanks!😊👍
@Joe-mz6dc7 ай бұрын
Great video Paul very helpful. You're a good man.
@paulinthephilippinesolddog92343 ай бұрын
Hi @Joe-mz6dc Thank you, I appreciate it!
@nickscomputerfix7 ай бұрын
Great info. Thanks for doing the video.👍
@franky32317 ай бұрын
Also I think there has been a change with the banks. I called BofA, Wells Fargo and CITI bank to let them know about me being out of the country for the credit cards and first two said you didn't need to call us and Citi said I will make a note. I guess they will just send you a code to your phone when you use it.
@paulinthephilippinesolddog92343 ай бұрын
Hi @franky3231 Thanks for the update! We've noticed changes too, and it's good to know what to expect with credit card usage abroad.
@mattsnider59047 ай бұрын
Very helpful info Paul! Thanks for the heads up!
@paulinthephilippinesolddog92343 ай бұрын
Hi @mattsnider5904 Thanks for watching and glad you found it helpful!
@jewpino94216 ай бұрын
Great advice Old Dog!!!!! Thank you so much!!! You’re the best!
@carefulconsumer86827 ай бұрын
Very good video. I notice many many financial institutions now require a valid mobile phone number for authentication.
@goldgeologist53207 ай бұрын
I would add Paul. If phone used Face ID or fingerprint, disable it! If kidnapped or if drugged; they have you and your phone they have access to your accounts! Next use a second checking account to place limited funds to use with atm card to get cash or pay expenses. Keep the amount in account to what you need. Do not take card to you primary card with you on the street. Set up two factor authentication on all your accounts!