When sending cash remittances or wire transfer to a bank account in the Philippines (such as BDO, BPI, Metrobank, Landbank, DBP, etc.), you’ll surely need … Read More
Interested to discover other investment outlets aside from stocks and mutual funds? Consider Unit Investment Trust Funds or UITFs. Check out our easy-to-understand guide below … Read More
What are Exchange Traded Funds? Simply speaking, Exchange Traded Funds or ETFs are an open-end investment fund which tracks a basket of assets and traded … Read More
How exactly do you withdraw Paypal funds to your bank account?
Here’s a simple tutorial to guide you regarding the Paypal withdrawal process.
UnionBank of the Philippines (UBP), owned by the Aboitiz Group, announced last week that it is planning to offer to the public PHP 5 billion worth of tax-free, high-yielding Long-Term Negotiable Certificate of Deposits or LTNCDs.
Be warned!
An “Enhanced Security Update” email supposedly coming from the UnionBank of the Philippines is making the rounds asking you to log in to your online banking account. But the moment you do so, you might lose your cash to scammers. The email is actually a phishing email designed to steal your login details in order to hack your account.
When withdrawing funds to a Philippine bank account, there is NO CHARGE if the amount withdrawn is at least P7,000.00.You therefore save on fees if you withdraw P7,000.00 or more.
If withdrawing less than P7,000.00, Paypal charges P50.00 per transaction.
Last year, we posted a list of the Top 10 Banks in the Philippines, based on total assets and deposits at year-end 2008. We now bring you the list of the Largest Banks in the Philippines, in terms of assets, deposits, and net income, as of year-end 2009.
The list only includes banks headquartered in the Philippines, meaning other banks based in another country but with local operations are not analyzed. Also, since the basis of the financial figures are the financial statements submitted to the Philippine Stock Exchange (PSE), only publicly-listed banks are mentioned. Government- and privately-owned banks whose financial statements are not available to the public are excluded in the list.
