Living In The Philippines Forum

Itís Your Money => Banking => Topic started by: 3rdway on December 23, 2019, 10:52:22 PM

Title: Over the counter cash advance with a foreign card?
Post by: 3rdway on December 23, 2019, 10:52:22 PM
Anyone know if an over the counter cash withdrawal using a non-Filipino bank issued Visa/Mastercard debit card is possible? Anyone done it? What's the maximum that can be withdrawn? Is it capped?

BDO said they can only do a cash advance using a BDO card. But then, I learned that information can be arbitrary sometimes.
Title: Re: Over the counter cash advance with a foreign card?
Post by: Peter on December 24, 2019, 08:44:34 AM
Anyone know if an over the counter cash withdrawal using a non-Filipino bank issued Visa/Mastercard debit card is possible? Anyone done it? What's the maximum that can be withdrawn? Is it capped?

BDO said they can only do a cash advance using a BDO card. But then, I learned that information can be arbitrary sometimes.

I don't know about inside OTC cash withdrawals, but my non-Filipino bank debit cards work in MetroBank ATMs. Maximum of PhP 10,000 per pull, with 3 pulls a day. That's a  MetroBank imposed in limit, not my foreign banks limit.

I could, but never tried, go around other banks and withdraw up to my own bank's daily limit. But that's an assumption, not a proven deed.

HTHs

Peter

PS. Make sure you have informed your non-Filipino bank you will be using your cards while here. A friend didn't and found his cards were frozen on the first try.  :(
Title: Re: Over the counter cash advance with a foreign card?
Post by: Hank on December 24, 2019, 10:13:41 PM

I don't know about inside OTC cash withdrawals, but my non-Filipino bank debit cards work in MetroBank ATMs. Maximum of PhP 10,000 per pull, with 3 pulls a day. That's a  MetroBank imposed in limit, not my foreign banks limit .. I could, but never tried, go around other banks and withdraw up to my own bank's daily limit. But that's an assumption, not a proven deed. HTHs  Peter   PS. Make sure you have informed your non-Filipino bank you will be using your cards while here. A friend didn't and found his cards were frozen on the first try.  :(

Yes, overall you will find that things in the Philippines are pretty much exactly as Peter says. Most probably nearly every bank-wall ATM in the Phils will quite reliably give you 10k Peso for each ask, with a max of 3 a day. And they have been doing it for over ten years now.

It doesn't seem to matter much what account you have, or where. It appears to be a reliable fact that if your card has a visa or mastercard etc account logo imprint on the card, and it's presented at any Philippines bank ATM, it's good as gold.

Cheers .. and please have a perfectly splendid Christmas everybody :)
 
Hank
Title: Re: Over the counter cash advance with a foreign card?
Post by: medic3500 on December 25, 2019, 03:53:56 PM
BPI will let you get 20,000 at once
Title: Re: Over the counter cash advance with a foreign card?
Post by: Steve & Myrlita on December 25, 2019, 05:31:38 PM
BPI will let you get 20,000 at once
Yes and even higher. The catch is it only applies to their BPI cards. Other cards are limited to P10,000. PH cards will be charged between P11-P15. Foreign cards are charged P250 plus any fees your home bank nails you with.
Title: Re: Over the counter cash advance with a foreign card?
Post by: medic3500 on December 26, 2019, 08:26:28 AM
Steve, I routinely use my US debit card at BPI ATM and take 20,000 at a time. BPI is the only one that I have found so far that lets me do that. The other ATMs only 10,000
Title: Re: Over the counter cash advance with a foreign card?
Post by: Hank on December 26, 2019, 01:31:10 PM
All good to know, thanks gents ..

Merry Xmas
Cheers Hank
Title: Re: Over the counter cash advance with a foreign card?
Post by: 3rdway on December 27, 2019, 06:44:43 AM
HSBC is 40,000 and no fees