richardhdagger Posted August 2, 2014 Posted August 2, 2014 I have a business friend in Davao the Philippines. He wants to sell a unit and send money back to the UK - We are looking at P2.5 million. Appears easy to get money into the Philippines but not out.!! There must be a way that this can be done. Regards Richard Link to comment Share on other sites More sharing options...
Methersgate Posted August 2, 2014 Posted August 2, 2014 Does he have a UK bank account?The technical aspects are simple: he just needs the IBAN and SWIFTBIC numbers of his UK account and his Philippines bank can make the transfer electronically. The slightly more complex bit will be satisfying the UK money laundering requirements if he does not have an account here and needs to open one 1 Link to comment Share on other sites More sharing options...
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