Is there a reliable bank in the
Most of the banks in the
Which account you decide to set up is your personal preference, but there is an advantage to having your account set-up as a Dollar Account, so that you can best take advantage of the exchange rates.
If, you do decide to open a Peso Account, you will twice as many banks to choose from because nearly all the banks in the
Whatever account you decide to set-up be aware of the fees associated with each account.
If, you have questions or concerns about Social Security Direct Deposits and would like more information about it, you can contact the Social Security Attaché at U.S. Embassy in
Philippines Banks that accept direct deposits are:
RCBC (Rizal Commercial Bank Corporation)
UCPB (United Coconut Planters Bank)
If, you are not yet in the