Banks

Local:

  • Banking in the Philippines is generally done in person, at the bank.
  • Online banking is possible if you are using an International bank, but generally, local banks do not offer comprehensive online services.
  • IRRI does use BPI Family Savings bank, as one of it’s banks, and opening a PHP and/or USD account here is fairly easy and can be useful.
  • Another local bank to look at opening a local account would be BDO.

International:

Two international banking options to consider would be HSBC and Citibank. However, If you currently have an international bank that USD can be deposited into, check to see if there is a branch in or around Manila.