What currency will be credited to my Philippine Peso ATM account if a wire transfer of US dollars is sent?

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What currency will be credited to my Philippine Peso ATM account if a wire transfer of US dollars is sent?

My ATM account is with Equitable Savings Bank.

2007-11-22 04:13:03 · 4 answers · asked by Anonymous in Business & Finance ➔ Personal Finance

4 answers

Gee, your account is in Pesos...let's see...thinking...thinking...

Pesos! D'oh! An account can only be in one currency. So whatever transfers are made to the account will be converted from other currencies into Pesos. And you bank will most likely charge you a fee for the conversion.

2007-11-22 07:06:45 · answer #1 · answered by The Professor 5 · 1⤊ 1⤋

Peso

2007-11-22 12:22:17 · answer #2 · answered by megan1410 2 · 0⤊ 0⤋

the bank will convert the US $ amount to pesos and credit the PESOS to your account

2007-11-22 12:39:42 · answer #3 · answered by Mike 7 · 0⤊ 0⤋

it is always in the money of the receiving country!!!!

2007-11-26 10:12:36 · answer #4 · answered by mister ed 7 · 0⤊ 0⤋