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Expat Community > Philippines

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Transferring money

4 years ago
Hi

I will be retiring to the Philippines in the near future. My wife is a Filipina (citizen) and has a bank account. I also have a HSBC account. I want to transfer our savings there when we move.
I have already looked at different money transfer companies.

I am curious if there is a limit a bank will accept in the Philippines.
Will a large transfer be reported?
Do I need to contact anyone before making a large transfer? If so who?

Sorry about all the questions.

Thanks in advance

AGS Worldwide Movers
AGS Worldwide Movers
SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

AGS Worldwide Movers
AGS Worldwide Movers

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