<blockquote rel="TTam">@filipinacpa Wala po anuman. 🙂 Nasa pinas po ba kayo? If yes, you can check your bank if magkano po ang service charge nila. May iba po kasing bank na nagccharge based on the amount you transfer, meron naman po yatang iba na fixed.
If kailangan namin ng "physical" cash, nagpapalit po kami sa czarina money changer sa makati. You just need to call them para makapagpareserve or to inquire if meron silang AUD.
Pero most of the time, online foreign exchange po ang gamit namin. Hassle free po kasi at mababantayan mo pa ang galaw ng exchange rates. </blockquote>
<blockquote rel="TTam">@filipinacpa Wala po anuman. 🙂 Nasa pinas po ba kayo? If yes, you can check your bank if magkano po ang service charge nila. May iba po kasing bank na nagccharge based on the amount you transfer, meron naman po yatang iba na fixed.
If kailangan namin ng "physical" cash, nagpapalit po kami sa czarina money changer sa makati. You just need to call them para makapagpareserve or to inquire if meron silang AUD.
Pero most of the time, online foreign exchange po ang gamit namin. Hassle free po kasi at mababantayan mo pa ang galaw ng exchange rates. </blockquote>
Hi @TTam, thanks for sharing this.
May I ask which bank in the Philippines was yours and how much was the service charge that you incurred?
Another question, as I am researching this topic as well, I was wondering why there is still a local bank service charge? I thought the steps were:
Peso money was paid from bank to HiFx to buy Aud
HiFx transfers the Aud to Nab
Was the local fee due to sending the money to HiFx?
Laslty, NAB did not charge any additional fees when it received the Aud?