Best Way To Transfer Aud To A Bdo Account In Rp

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Whitty
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Hi,

      I hope to start building a home in Cebu this year.To finance the project, need to transfer around 40k AUD into Peso in my BDO account. Would appreciate opinions on the best,safest way to do this.

Grace and peace

Richard

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i am bob
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I would talk to your bank manager to see what exchange rate he is willing to give you.  If he will meet or match the money exchangers, I'd just drop a cheque into the account.  I'm not sure how many money exchangers I would trust with letting them know I have that amount of money available.  And check what your Australian bank will offer for the exchange rate.  It's rare but sometimes my bank in Canada has the better exchange rate and a reasonably small flat rate transfer cost.

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Whitty
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Thanks Bob. I heard somewhere that HSBC can do a transfer to my BDO account.  Thanks for your time . I will write up how it works out.Maybe it will help someone

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