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Where should I setup a bank account in Makati City?

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We asked expats in Makati City what banks they use and there advice about banking. They advised...

"Before retiring in Makati City, expats should know that the cost of living is relatively low compared to Western countries, but it is one of the most expensive cities in the Philippines. They should also be aware that English is widely spoken, making communication easier. Expats should understand that Makati City is the financial hub of the Philippines, with a bustling business district and a vibrant nightlife. It is also home to many international corporations, making it a cosmopolitan city with a diverse population. Healthcare in Makati City is of a high standard, with a number of internationally accredited hospitals. However, expats should ensure they have comprehensive health insurance as medical costs can be high. The city has a tropical climate, with a rainy season that lasts from June to November. Expats should be prepared for high humidity and occasional typhoons. Expats should also be aware of the traffic in Makati City, which can be heavy during peak hours. Public transportation is available, but it can be crowded. The Philippines has a relatively high crime rate compared to Western countries, but Makati City is generally considered safe. However, expats should still take precautions, such as avoiding certain areas at night and not displaying wealth openly. Expats should also understand the local customs and traditions. Filipinos are generally friendly and hospitable, but they also value respect and good manners. It's important to be aware of local etiquette to avoid causing offense. Finally, expats should know that the process of obtaining a retirement visa in the Philippines can be complex and time-consuming. It's recommended to seek advice from a legal professional or a relocation expert," mentioned another expat when asked about moving to Makati City, Philippines.

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Where should I setup a bank account in Makati City?

If you live in Makati City, newcomers to Makati City would love to hear your answer to this question.


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