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  1. #1

    Default carrying foreign money


    pila ang allowed dal-on na foreign currency traveling domestically? ako na google na pero mostly in and out of philippines ra jud ang limitation

  2. #2
    domestic? di ko sure but $10k man usually ang triggers kay mao mana sa anti money laundering act.
    but wa pako kasuway hehe

    if gaduhaduha ka call ATO, aron sure

  3. #3
    hala, naa sad diay ingon ana no? what if ga trabaho ko for how many years and let's say around 30,000 dollars ang naa sa bank account nako and ganahan ko mo withdraw tanan ang dad on sa manila, di diay pwede? kuyawa diay sa, pag but-an gihapon ato kwarta. tsk

  4. #4
    Quote Originally Posted by Metz View Post
    domestic? di ko sure but $10k man usually ang triggers kay mao mana sa anti money laundering act.
    but wa pako kasuway hehe

    if gaduhaduha ka call ATO, aron sure
    thx for the reply.
    Im not really sure about sa $10k
    BSP Circular 98-1995 states that "The transportation of foreign currency or monetary instruments is legal. However, the carrying of foreign currency in excess of US$10,000.00 or its equivalent in other foreign currencies must be declared to a Customs Officer or the Bangko Sentral ng Pilipinas. VIolation of this rule may lead to seizure and sanctions, fines and / or penalties."
    Does not explicitly state anything about carrying foreign money within the philippines, ako pasabot dili international but local travel, like what if your a filipino, you are already inside and you have foreign money, unsay kasabitan nimo kung mag lakaw-lakaw with foreign money?

  5. #5
    hmm doubt masabit ka sa local authorities...it only apply kun gikan ka sa gawa...sa ato, sa tulisan cguro may posibility
    better contact BSP for more details cguro...

  6. #6
    Quote Originally Posted by MK View Post
    hmm doubt masabit ka sa local authorities...it only apply kun gikan ka sa gawa...sa ato, sa tulisan cguro may posibility
    better contact BSP for more details cguro...
    thanks for the reply, murag manawag jud ko ani... unya inig tawag, secretary ra ang makatubag na utro pud way alamag, maayo nang naa tay mabasa ba for reference not just verbal anyway thank you all for your replies

  7. #7
    btw bai, why not use a banking facility to move that money? its safer pa gyud...I mean kun dako gyud ba.

  8. #8
    wala man na limit if Pinoy ka nga naa na ka sulod sa pinas like for example naa ka money sa bank then withdrawhon nimo in dollars. Wala ka limit kay dili man ka gikan sa gawas nga nisulod diri sa pinas. Kung mauhon na, tanan tao sa pinas inspectionon hahaaha. Custom ra mo inspection ana sa airport if gikan ka sa gawas nasod.

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