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Money transfer from Philippines

Money transfer from Philippines

Old May 8th 2024, 6:16 pm
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Default Money transfer from Philippines

Aware that this is probably the reverse direction to most transfers....

My wife and I are UK based non-residents of the Philippines, although she is a citizen with a PNB account there.

We are seeking to move some significant excess funds from Philippines to UK, but note that a wise account doesn't seem to facilitate this. Does anyone have experience of a reasonably priced method of doing similar?

thank you
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Old May 9th 2024, 3:10 pm
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Default Re: Money transfer from Philippines

Last resort, but a person can take out up to $10k in cash or traveller's checks. 100 $100 notes.If two of you that's over P1M a trip.
If you are happy doing it over time? And can find a way to deposit any surplus in the UK without a lot of questions.
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Old May 10th 2024, 12:56 am
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Default Re: Money transfer from Philippines

I believe you can only transfer 50,000 pesos out of the Philippines. Go to an LBC express and fill out the form, they will then compute the amount and fees.
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Old May 10th 2024, 11:28 am
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Default Re: Money transfer from Philippines

Originally Posted by Gazza-d
I believe you can only transfer 50,000 pesos out of the Philippines. Go to an LBC express and fill out the form, they will then compute the amount and fees.
What the Bangkok Senntral says you can physically take out.of the country. The P50K just account to account.
From what the OP says the amount to be transfered is a great deal more and I guess there is a restriction on how many transfers you can do.
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