What is the best (safest) way to send and receive funds at an international location?

WorldlyPatriot
Contributor

I'll be purchasing/leasing real property in the Philippines in December 2018. I'll be using funds from my savings account to make the purchase. I do not have a bank or brokerage account in the Philippines, and it's difficult for a foreigner to open an account due to banking laws. What is the best way to transfer and receive the funds in a timely manner? Does USAA have a partner financial institution in the Philippines? Thank you.

1 REPLY

Hello @WorldlyPatriot! The best option to transfer funds to an international bank would be to do a wire transfer. USAA does partner with any other financial institutions. -Colleen