How to Encash Your Google Adsense Check
Of course, the next step that you should do after handing over your first payment from Google adsense is to encash it, whether the currency that you choose was in US Dollar or in Philippine Peso.
How to encash your check
To encash your check, you have to open a dollar bank account in your favorite bank, but i would suggest to open your bank account in Banco de Oro (BDO) because they only require an initial deposit of $100. Also, BDO does not impose charges in encashing your check, as long as, the check is payable to Citibank. Fortunately, all Google Adsense checks are payable to Citibank. If you don't have dollars in your hand yet, you can buy dollars at any money changers. Note that banks does only sell dollars for some valid reasons. I suggest to buy dollars at Sarina, located at Glorieta, Makati City. There is no hassle buying dollars there.
Then after opening a dollar account, you can now deposit your check and wait for 25 banking days for clearing.
How to encash your check
To encash your check, you have to open a dollar bank account in your favorite bank, but i would suggest to open your bank account in Banco de Oro (BDO) because they only require an initial deposit of $100. Also, BDO does not impose charges in encashing your check, as long as, the check is payable to Citibank. Fortunately, all Google Adsense checks are payable to Citibank. If you don't have dollars in your hand yet, you can buy dollars at any money changers. Note that banks does only sell dollars for some valid reasons. I suggest to buy dollars at Sarina, located at Glorieta, Makati City. There is no hassle buying dollars there.
Then after opening a dollar account, you can now deposit your check and wait for 25 banking days for clearing.