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Rexsmith

Filipino And Foreign Currency Accounts

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Rexsmith

My girlfriend, a Filipino, wants to open a CAD account. Are there restrictions on locals having foreign currency accounts? Thanks Rex

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Woolf

Looks like no problem opening a CAD account

https://www.bpiexpressonline.com/p/1/59/foreign-currency-savings

Quote

 

Let your US Dollars, Yen, Euros, Pounds, Francs and other currencies grow with us. Whichever currency you choose, enjoy maximum convenience in monitoring your account.

Open an Express Dollar ATM Savings or Foreign Currency Passbook Savings today! Visit a BPI or BPI Family Savings Bank branch near you.

Express Dollar Savings (USD) 
PRODUCT BENEFITS:

International convenience with the Express Teller International ATM card that comes with your Express Dollar Savings account.

Remittances from key cities worldwide via telegraphic transfers.

Flexibility to accept cash, dollar checks, travelers' cheques or demand drafts.

Account monitoring from abroad via BPI Online Banking.

Foreign Currency Passbook Savings:

Safekeep funds in foreign currencies with passbook accounts. Available in the following currencies:

US Dollar*  NEW! Maxi-Saver USD

Japanese Yen**

Euro**

British Pound**

Australian Dollar**

Canadian Dollar**

Swiss Franc**

Chinese Yuan**

*For US Dollar deposit products, visit any BPI or BPI Family Savings Bank branch. 
**For Third Currency deposit products, visit any of the accredited BPI branches.

 


 

Edited by Woolf

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Rexsmith

Thanks for taking the time to answer. Helps me a lot.

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