clgsamson
Koya Kap
all, its not the value in pesos you need to look or watch out for.including yen or rupiah?
"
person may bring in or take out of the Philippines?
There is no such restriction or limit on the amount of foreign currency that a person
may bring in or take out of the Philippines. However, any person bringing in or
taking out of the Philippines foreign currency, as well as other foreign exchangedenominated
bearer monetary instruments, such as traveler’s checks, in excess of
US$10,000.00 or its equivalent must declare this in writing and furnish information
on the source and purpose of the transport of such currency or monetary
instruments by accomplishing the prescribed BSP Foreign Currency and Other
Foreign Exchange-Denominated Bearer Monetary Instruments Declaration Form.
This form is available at the Bureau of Customs desk in the arrival/departure areas
of all international airports and seaports. Failure to do so may be subject to
sanctions, including confiscation of the currency in question."
click the link for the FAQs/primer on BSP foreign exchange regulations http://www.bsp.gov.ph/downloads/Publications/FAQs/fxregulations.pdf
There is no such restriction or limit on the amount of foreign currency that a person
may bring in or take out of the Philippines. However, any person bringing in or
taking out of the Philippines foreign currency, as well as other foreign exchangedenominated
bearer monetary instruments, such as traveler’s checks, in excess of
US$10,000.00 or its equivalent must declare this in writing and furnish information
on the source and purpose of the transport of such currency or monetary
instruments by accomplishing the prescribed BSP Foreign Currency and Other
Foreign Exchange-Denominated Bearer Monetary Instruments Declaration Form.
This form is available at the Bureau of Customs desk in the arrival/departure areas
of all international airports and seaports. Failure to do so may be subject to
sanctions, including confiscation of the currency in question."
click the link for the FAQs/primer on BSP foreign exchange regulations http://www.bsp.gov.ph/downloads/Publications/FAQs/fxregulations.pdf
BTW, you might want to ask the euro generals
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