Where should I setup a bank account in Palawan Island?

"Expats considering retiring in Palawan Island, should be aware of several factors before making the move. Firstly, they should familiarize themselves with the cost of living, which is generally lower than in Western countries, but can vary depending on lifestyle choices and location within the island. Healthcare facilities in Palawan are limited, especially in rural areas, so expats should ensure they have adequate health insurance and be prepared to travel to larger cities for more specialized care. It is also important to note that the quality of healthcare may not be up to the standards they are used to in their home country. The climate in Palawan is tropical, with hot and humid weather throughout the year, and a rainy season from June to October. Expats should be prepared for this climate and take necessary precautions, such as staying hydrated and using sun protection. Language barriers may be a challenge for some expats, as Filipino and English are the official languages of the Philippines. However, many locals in Palawan speak English, making it easier for expats to communicate and navigate daily life. Expats should also be aware of the local culture and customs, as respecting and adapting to these can help ensure a smoother transition into life in Palawan. This includes understanding the importance of family, religion, and social etiquette in Filipino society. Safety and security should be a consideration for expats, as the Philippines has experienced political instability and crime in the past. However, Palawan is generally considered a safe destination, and expats should take common-sense precautions to protect themselves and their belongings. Finally, expats should research the visa and residency requirements for retiring in the Philippines, as there are specific retirement visas available for foreign nationals. These visas often have age and financial requirements, so it is essential to understand the process and requirements before making the move to Palawan Island," mentioned another expat when asked about moving to Palawan Island, Philippines.