Ruining Your Retirement: Mistakes to Avoid!

[@DannyFlood]

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-in9px]

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%.

[@FiredtoFreedom]

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.

[@DannyFlood]

@@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.

[@stevegill920]

Thanks Paul for this video it was very helpful to me, because I will be coming to the Philippines at about 1 year.

[@DannyFlood]

Glad to hear it. I'll try down there.@@KC-in9px

[@larrygraham3377]

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 !!! 🤑🤑🤑

[@paulinthephilippinesolddog9234]

Hi @larrygraham3377 Thanks! I'm glad it's helpful for folks considering retirement here in the Philippines.

[@WhoWouldWantThisName]

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.

[@lawrencer8673]

Paul's vlogs never get boring, alway informative, great job Paul 👏

[@paulinthephilippinesolddog9234]

Thanks Lawrence

[@Mark-uv6sm]

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

[@rickylee6129]

Excellent Video Paul 😊. Good planning is a must for sure. Keep the video's comin. Stay Safe 💕 💞 🙏 🙏

[@paulinthephilippinesolddog9234]

Hi @rickylee6129 Thanks, appreciated!

[@strangeanimal1535]

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.

[@paulinthephilippinesolddog9234]

Hi @strangeanimal1535 Thanks for the kind words! Means a lot to me too. Good luck with your plans!

[@jbuzzy]

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😄!

[@paulinthephilippinesolddog9234]

Wow, thanks

[@morgan97475]

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-ew6oo]

In the UK international SMS is free - I just load $5 in addition to my plan for the rare incoming call.

[@Mark-uv6sm]

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-uv6sm]

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.

[@kennethschweighardt4920]

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.

[@paulinthephilippinesolddog9234]

Thanks so much 👍

[@Dennis_Heaton]

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]

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-berry5331]

​@@Man-In-The-Home-Stretch😅 hahaha, I love that! Great idea.

[@KanoDailyThePhilippinesandMore]

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-Monk]

@@Man-In-The-Home-Stretchpretty funny

[@MichaelPilit]

OLD DOG, ANOTHER BULLSH*******TTTTTTTTTTTTTTTTTTTTTT STORY OLD MOR$N!!!!!!!!!!!

[@egovorch]

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

[@paulinthephilippinesolddog9234]

Hi @egovorch Appreciate the kind words, thanks for watching!

[@TravelingTexan23]

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.

[@paulinthephilippinesolddog9234]

Hi @TravelingTexan23 Thanks for sharing your experience! We've had similar situations with our accounts too, always good to double-check.

[@musicguy866]

Great info Paul !! Thank you for this important info, it came at the right time!!! Blessings forward to you , and Baby May!

[@paulinthephilippinesolddog9234]

Hi @musicguy866 Thanks for watching, appreciate your kind words!

[@1Chuck4U2C]

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.

[@watersbey25]

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.

[@paulinthephilippinesolddog9234]

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!

[@a.c.king-dk5yl1ep2m]

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!

[@paulinthephilippinesolddog9234]

Hi @a.c.king-dk5yl1ep2m Thanks for watching and glad you found it helpful!

[@dougc9427]

Great VID, its a good refresher course, and boy you cleared my head again. THanks

[@kellymccabe3551]

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.

[@rodneymoore6180]

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.

[@zuchnicky]

🤑CC is evil 👹 - use debit card

[@rodneymoore6180]

@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.

[@zuchnicky]

@@rodneymoore6180 try to think why it was REALLY invented. Using it, you are in. Supporting this system.

[@watersbey25]

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 .

[@paulinthephilippinesolddog9234]

Hi @rodneymoore6180 That's frustrating! We've had similar issues with our credit cards here in the Philippines. Thanks for sharing your experience!

[@vinniephillips452]

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.

[@napoleonmdusa8877]

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.

[@napoleonmdusa8877]

@@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.

[@FiredtoFreedom]

@@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.22]

@@FiredtoFreedomThat’s my plan, now I don’t know if it’s going to work long term.

[@Amen.22]

Charles Schwab has an international account that you can get. I don’t know the details.

[@rodneymoore6180]

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.

[@clintclark89]

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.

[@zuchnicky]

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 ;-)

[@paulk8444]

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.

[@jwall62]

I thought there was no crime there? How prevalent is it?

[@Mexicobeanpole]

@@jwall62 there’s no place on earth with zero crime unless humans aren’t living there.

[@clintclark89]

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

[@oncall21]

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! 🙏

[@pilotmark2861]

Yes. Very important to have copies ( hard ) and digital of all Rx.

[@jannarkiewicz633]

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.

[@Mjolnher9]

Tampo girlfriend? Time to move on. Tampo is pathetic and childish and disrespectful. No excuse for it.

[@paulk8444]

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.

[@baldandaboomer8367]

@@Mjolnher9 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

[@goldfinger0007]

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

[@edwardmylnychuk5774]

i was thinking the same thing, that would be the smart thing to do

[@paulinthephilippinesolddog9234]

Hi @-goldfinger2695 Good tip! We also exchange currencies at Dumaguete's airport for convenience.

[@randygiedd6385]

Thanks!

[@paulinthephilippinesolddog9234]

Thank you 😊

[@jared40000]

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.

[@mindanaokiwi934]

Good luck with that licker,,,he's full of shit...

[@paulinthephilippinesolddog9234]

Hi @jared40000 Thanks for watching and enjoying the video!

[@jamestopeka2236]

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 😅

[@thomaspick4123]

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.

[@paulinthephilippinesolddog9234]

Hi @thomaspick4123 Thanks for the additional tips! We've learned that having an active US phone number and address can be helpful.

[@nevertooldtotravel8034]

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

[@paulinthephilippinesolddog9234]

Hi @nevertooldtotravel8034 Thanks for sharing your experience! Good to know some places are starting to accept credit cards in Dumaguete. We appreciate the update!

[@nickscomputerfix]

Great info. Thanks for doing the video.👍

[@jharn7514]

Paul, thanks for the advice! The way you talk in your videos seems like you are a friend speaking to me over coffee.

[@paulinthephilippinesolddog9234]

Hi @jharn7514 Thanks, buddy! That means a lot coming from you!

[@jamesjr3240]

Thanks Paul. That's VERY helpful information.

[@paulinthephilippinesolddog9234]

Hi @jamesjr3240 Glad you found it helpful!

[@gailmaplesden7380]

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.

[@paulinthephilippinesolddog9234]

Hi @gailmaplesden7380 Thanks for sharing! We've used remittances for smaller transactions and it's been convenient.

[@robertpinkerton940]

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 🤣

[@paulinthephilippinesolddog9234]

Yes, Gaylord talks and I just move my lips 💋 😘

[@paulk8444]

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.

[@paulinthephilippinesolddog9234]

Hi @paulk8444 Thanks for the additional tips! We'll definitely consider those for our own planning.

[@bxpress6507]

Very interesting, important information..thanks!😊👍

[@saca1951]

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...

[@kentfonda8245]

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.

[@paulinthephilippinesolddog9234]

Thanks for sharing

[@robinorga528]

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.

[@GlennHiggins]

Good advice Paul. I recently travelled to Philippines xmas/new year. I had cash$, and notified my bank the exact dates I'll be away. I had no problems using Remitly to transfer fund$.

[@vn6714]

THANKS PAUL GREAT INFO SO HELPFUL

[@paulinthephilippinesolddog9234]

Hi @vn6714 You're welcome! Glad you found it helpful.

[@VinnyZell-c3x]

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.

[@FiredtoFreedom]

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.22]

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.

[@paulinthephilippinesolddog9234]

Hi @user-sz8gu8ik2r Thanks for sharing your experience! We'll keep that in mind for future videos.

[@paulshamblin6260]

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

[@paulinthephilippinesolddog9234]

Thanks 👌

[@stevemorris3544]

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. 😂

[@paulinthephilippinesolddog9234]

I remember that Steve, hope you are enjoying Thailand 🇹🇭

[@midlifewanderings]

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.

[@paulinthephilippinesolddog9234]

Hi @midlifewanderings Thanks for sharing your experience! We also inform our credit card company before traveling to the Philippines. Cash is indeed king here!

[@peten409]

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.

[@paulinthephilippinesolddog9234]

Great tip!

[@jamesrobinson7381]

great advice about the 100 dollar bills with no imperfections ... it's happened to me in other countries

[@paulinthephilippinesolddog9234]

Hi @jamesrobinson7381 Thanks for sharing your experience! We've encountered similar issues here too.

[@georgelagos4411]

Good information

[@KnownAsLeo]

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.

[@paulinthephilippinesolddog9234]

Hi @KnownAsLeo Thanks for the additional tips! We've learned that one too! Safe travels!

[@algonquinanderson8600]

Brother, I just want to say thank you so much for the information.

[@vernonsmall4949]

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.

[@johndubeansky6547]

Solid advice again from another blue-collar gentleman! Ty!

[@paulinthephilippinesolddog9234]

Hi @johndubeansky6547 Thanks, buddy! We appreciate your support!

[@MrLobrist]

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.

[@jamesmcdonough2726]

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,

[@paulinthephilippinesolddog9234]

Hi @MrLobrist Sorry to hear that! We've been through similar frustrations with banks here too. Hopefully your issue gets resolved soon.

[@nelsonsack2694]

Very helpful , thank you.

[@onetalentedman2822]

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.

[@donbxman7080]

GREAT advice is Always welcome Dog!

[@paulinthephilippinesolddog9234]

Hi @donbxman7080 Thanks, glad you found it helpful!

[@razoo]

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.

[@paulinthephilippinesolddog9234]

Hi @razoo Thanks for sharing! We'll definitely check out that video and appreciate the recommendation.

[@bacon81]

Thanks Paul. Great pointers I will definitely do myself

[@mattsnider5904]

Very helpful info Paul! Thanks for the heads up!

[@paulinthephilippinesolddog9234]

Hi @mattsnider5904 Thanks for watching and glad you found it helpful!

[@robertricker2727]

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.

[@midlifewanderings]

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.

[@SpiritRobert-gq3pl]

This important information will save a lot of people a lot of headaches

[@paulinthephilippinesolddog9234]

Hi @SpiritRobert-gq3pl Thanks for watching and sharing! We're glad it's helpful.

[@pilotmark2861]

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.

[@AllenLuedemann]

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.😊

[@paulinthephilippinesolddog9234]

Hi @AllenLuedemann Thanks for sharing your positive experience in the Philippines! We're glad our advice was helpful. Enjoy Dumaguete when you visit!

[@wmurphy62]

I didn’t even think about contacting my bank until you mentioned it Paul!!

[@paulinthephilippinesolddog9234]

Hi @wmurphy62 Glad we could help! Banking details can be easily forgotten, and it's crucial to update them. Thanks for watching!

[@michaellewis5133]

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.

[@paulinthephilippinesolddog9234]

Glad it was helpful!

[@jewpino9421]

Great advice Old Dog!!!!! Thank you so much!!! You’re the best!

[@joe.man.]

I believe you can use your local USA bank before you fly to the Philippines to exchange money for Philippine currency.

[@mrkcur]

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.

[@JMoroccoMisterBoy]

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.

[@paulinthephilippinesolddog9234]

Hi @JMoroccoMisterBoy Thanks, glad it helps!

[@larrye2679]

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 👍

[@FiredtoFreedom]

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.

[@carefulconsumer8682]

Very good video. I notice many many financial institutions now require a valid mobile phone number for authentication.

[@autodallee4527]

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.

[@jimprendergast1827]

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

[@morlandoemtp]

When I handed them 3k they would only mostly give me 1k bills

[@jimprendergast1827]

@@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

[@paulinthephilippinesolddog9234]

Hi @autodallee4527 Thanks for sharing your experience! We've had similar findings at the airport too.

[@treeistclimberhealer8279]

Information very much appreciated

[@BillonBass]

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.

[@yayafan]

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

[@paulinthephilippinesolddog9234]

Hi @BillO624 Thanks, we've had good experiences with safety here too!

[@Joe-mz6dc]

Great video Paul very helpful. You're a good man.

[@paulinthephilippinesolddog9234]

Hi @Joe-mz6dc Thank you, I appreciate it!

[@lamonttaylor5061]

It good start a network with good tubes channel but I have a expat friend and Filipina friends in Philippines now.

[@markrenne6136]

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

[@jshepard152]

Good plan, but you are allowed to take your Social Security benefit to (almost) any country in the world.

[@AtHomeinSubicBay-cw4ij]

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.

[@jshepard152]

@@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.

[@paulinthephilippinesolddog9234]

Hi @markrenne6136 Great move, taking care of SS ahead of time! That's one less thing to worry about when making the big move.

[@faulmannpictures]

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.

[@paulinthephilippinesolddog9234]

Hi @faulmannpictures Good tip! We'll keep that in mind for future travelers. Thanks!

[@stan1027]

Great advice! Thanks Paul!

[@paulinthephilippinesolddog9234]

Any time!

[@edic2619]

Great job Paul. Great job Mae.

[@homebasebelgium359]

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.

[@paulinthephilippinesolddog9234]

Hi @homebasebelgium359 Thanks for sharing your experience! We've also used debit cards and credit cards for everyday transactions here.

[@franky3231]

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.

[@paulinthephilippinesolddog9234]

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.

[@bayoumanbryan]

im glad to see you approaching 100k subs. it seems like only a short time ago that you were trying to get your 1000 subs. im glad for you as one gripey old man to another. oh wheres the news on John? and Monty hows he doing?

[@Max-oi9es]

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.

[@DannyFlood]

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.

[@roadster14-z1d]

Good points Paul .. good advice

[@paulinthephilippinesolddog9234]

Hi @ricka.8584 Thanks for watching and appreciating the tips!

[@retiredcryptohunter9031]

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.

[@jerrymarshall2728]

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!

[@bruce3462]

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.

[@retiredcryptohunter9031]

@@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.

[@zuchnicky]

@@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).

[@christophertucker3121]

Paul you have the option of Wi-Fi calling on your cellphone as well. Keeping the American phone enable to travel outside of your home country.

[@paulinthephilippinesolddog9234]

Hi @christophertucker3121 Thanks for the tip! We'll keep that in mind.

[@kenny8635]

Great helpful info Paul

[@paulinthephilippinesolddog9234]

Glad you think so!

[@BadEinstein1]

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!

[@mackemitalian]

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-ku6ry]

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

[@paulinthephilippinesolddog9234]

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.

[@michaelenos9467]

Hey Paul I'm coming to dumageete in late February and was hoping to meet you for coffee I've been following you for years and admire your content. Let me know if you're available

[@paulinthephilippinesolddog9234]

Hi @michaelenos9467 Thanks, that's awesome! We'd love to catch up over coffee. I'll send you a message when we're free. Looking forward to meeting you in February!

[@floribertosousa2251]

Hi Paul. Thanks for this great 👍 video with great advice for us that are planning to go to the Philippines. Thanks to keep up the great work.

[@paulinthephilippinesolddog9234]

Hi @floribertosousa2251 Thanks, glad you found it helpful! Appreciate your support.

[@sharedsailing4787]

Thanks for your video. I'm on my way to the airport to visit 🇵🇭 right now 😂 I agree 💯 about using cash and credit cards in the Philippines. You need crisp new $100 bills. Most money changers will not accept anything less than perfect. The exchange rate is surprisingly good inside the airport. But I've found the best rates in smaller shopping centers that mostly locals go to. It's frustrating not being able to use credit cards at most places. I always ask before I order. And many hotels want a cash deposit even if you prepaid online.

[@garydavis9887]

thx Paul,

[@rmcmurphy7905]

Thanks for the reminder! It helps 👍 yours truly ( another crazy person).

[@Galavantin]

Thanks for the reminder.

[@alaskacpu]

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. ❤

[@paulinthephilippinesolddog9234]

Hi @alaskacpu Thanks for sharing your experience! We've found similar benefits with using our Philippine bank accounts and automating transfers from the US.

[@davegrylas]

Great basic prep 101 info. Regarding T-Mobile 16:38 international plan.... I recently ckecked before coming hete to Philippines, they said they will supend your service after 3 months if all calls originate over seas and none from USA.

[@watersbey25]

No. Your tmobile rep gave the wrong information. Call again .

[@dgrylas7394]

​@@watersbey25hmm I talked to 2 reps plus customer service and they all said the same? Are you using T-Mobile? Have you used it 3 months with all calls coming from overseas?

[@watersbey25]

@@dgrylas7394 I have unlimited smart in the Philippines and two lines of unlimited talk and text only with t mobile for 2 point verification for banks and such over 2 years no problems I also have a second back up line with them in the event my phone is lost or stolen ($43.00 per month total ugh) I can then activate my lost sim card to another spair t mobile sim card over the phone toll free by Skype with a TMobile rep I never use the 25¢ per minute to call USA. I never pick up the line I retrieve TMobile voice mail thru my voip plan and call back with my voip I use a paid voip service to call to save money. It keeps me off their calling radar.

[@watersbey25]

@@dgrylas7394 no problems 2 years do far.0

[@paulinthephilippinesolddog9234]

Hi @davegrylas Thanks for the update on T-Mobile's international plan! We'll keep that in mind when considering our options.

[@alfredenewman795]

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.

[@paulinthephilippinesolddog9234]

Hi @alfredenewman795 Thanks for the endorsement! We're glad you found the advice helpful. Local phones are definitely a lifesaver here.

[@andycarter7325]

Great video Paul. Travelling from Australia, my first trip, I just used my card at the ATM, no issues, minimal fees. My second trip however, I decided to exchange some cash at the airport before leaving to PHP, terrible idea, the rate they offered was shocking. But as I had AUD cash already in my hand, did it anyway. Changing to USD not as good for us here in AUS either. So in short, I found the best way, just make sure I had international access with my card, and all was sweet, easy cash out at almost all ATM's. Keeping in mind, this is for Australians travelling to Philippines. It may vary for other countries though. As always, thanks for the vid. Been subscribed for a couple of years now, and have enjoyed the content. Good job.

[@paulinthephilippinesolddog9234]

Hi @andycarter7325 Thanks for sharing your experience! Glad it worked out well for you in the end.

[@jsubicbay68]

Happy Birthday Paul !

[@MrMulto]

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!

[@paulinthephilippinesolddog9234]

Hi @MrMulto Glad you found it helpful for your new life in PH!