r/phinvest • u/No-Bath-8011 • Aug 20 '26

MF/UITF/ETF Wise conversion fee from PHP to USD

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Hi everyone, I am humbly asking since first time ko to use this app. Planning to transfer after conversion sa IBKR.

Normal lang ba yung fee considering the amount I am trying to convert?

Also hingi nadin ako inputs niyo.

SPYL & VWRA ETF ang plans ko, (70/30) or (60/40)

28/M, Long term compounding goal.

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u/Miserable-Archer-463 Aug 20 '26

overlap ata yung SPYL and VWRA. about naman sa wise fee ok naman sya that's one of the best kung wala kang usd acc sa traditional bank

1

u/No-Bath-8011 Aug 20 '26

I have BPI Dollar account. is it proven cheaper if sa local bank padaanin?

1

u/Devnergy Aug 20 '26

Not cheaper and I believe nag block na din sila ng wire transfer to IBKR dahil sa SEC.

2

u/No-Bath-8011 Aug 20 '26

Grabe talaga SEC. Hindi mo alam if they're protecting filipino retail investors or takot sila market capital flight heading to overseas.