Pension for retired Brit expat.

Fremonte New member

Member since 22 June 2017

FremonteNew member23 October 2017 18:22:20

Has any Brit retired expat living in the Philippines had any problems accessing his/her pension there.

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Heavyoil3616 Member

Member since 15 February 2017

Heavyoil3616Member24 October 2017 00:02:10

Hi, I get my forces pension, not due for OAP for another 2 years. I still have it paid into my UK bank account and transfer when needed but was informed OAP should be able to be paid into my Phil bank if I want.

Buzzardman Active member

Member since 21 January 2017

BuzzardmanActive member24 October 2017 00:59:46

I have my OAP and my teachers' pension paid into my UK bank, then transfer when needed

Fremonte New member

Member since 22 June 2017

FremonteNew member24 October 2017 07:06:02

Thanks for the info - I hope to be there next year - stand by for more questions ;-)

Paulxcov Member

Member since 06 November 2017

PaulxcovMember06 November 2017 19:12:39

Hi Buzzardman,
Did you open up a sterling account in the phils, then transfer pounds to your sterling account, then withdraw and exchange at the rate of the day?
Thank you
Paul

Peter Clark Serial expat

Member since 23 June 2011

Peter ClarkSerial expat20 November 2017 09:40:26

234

I have a sterling account with BPI in Makati but don't use it much, withdrawing cash and then finding an exchange place is quite traumatic, one place accross the road from BPI makati said their rate would be given at 12 o'clock and when we waited the rate was dismal. i do well with a Star account with BPI in London and change money over the internet almost at once into my pesos account here, always a good rate. Civil service pension transferred to BPI in Pesos from the UK to local account here. OAP pension straight to BPI star account. So no probs at all.

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