Hi, I am an Australian national and I have a condominium in Cebu that I use on and off for holidays.
I would like to rent it out occasionally, but I do not have a bank account that allows PHP deposits.
Last time I was in Philippines I went to all the top banks including BDO and they all explained I needed to live there for 6 consecutive months in order to get an account.
Is there any way, SSRV or any other way I can get around the 6 month thing and get a bank account allowing me to deposit PHP? Due to my employment, 6 months without leaving is just not possible.
But not having an account to deposit PHP is really annoying?
Any help from other people experiences would be great.
Thankyou