The currency in this area is the Philippine peso, though some parts of the country also accept the U.S. dollar or the euro. A U.S. dollar is equal to about 45 Philippine pesos, and you can plan to bring cash to be exchanged into this currency once you enter the country. You may choose [...]
SWIFT stands for Society for Worldwide Interbank Financial Telecommunication and IBAN is short for International Bank Account Number. The vast majority of all international fund transfers are made via the SWIFT messaging system which allows banks to exchange financial data i.e. data regarding money transfers, account status, account debit and credit and so on. The [...]
Australia allows new residents to open a bank account before they enter the country, so you should take advantage of this. Some let you open it online, such as Commonwealth Bank, ANZ Bank, and Westpac. Others require papers to be mailed to them before you get an account. A few banks prefer you to wait [...]
