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.
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.