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musicman666

How much cash can I carry out through customs?

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RedRanger

I always carried about 30000 peso in and out of Philippines back when it  was 10K limit, never had an issue.

I would have no issue toting more than 50K peso now of day, but the issue is putting the money in your wallet you get 50k peso and you can't close you wallet. 

Raising the limit to 50k was a good choice and makes a lot more sense.

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Salty Dog

The last time I left the Philippines I took something with me that was priceless.

They didn't so much as give her a second look when we went through Customs...:P

  • Haha 1

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Davaoeno
18 minutes ago, Salty Dog said:

The last time I left the Philippines I took something with me that was priceless.

They didn't so much as give her a second look when we went through Customs...:P

It seems that Salty's wife is reading Linc again ! 

  • Haha 3

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SkyMan
5 hours ago, Davaoeno said:

It seems that Salty's wife is reading Linc again ! 

Maybe she's posting for him.

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RedRanger
On 6/14/2019 at 6:17 PM, Daddle said:

Surely nobody would report carrying $10,000 to PI customs. That tidbit of information would get to the airport curb faster than the passenger. Crazy. Bank wire is the way to go for large amounts. From the USA I have found sending in pesos much much better as the PI bank (PNB) gives the official exchange rate for large amounts. My US bank uses a criminal rate. That said, I may have had over the reporting limit amounts in my bag sometimes. Reported to US, not PI.

So you can open a PNB bank account in USA?  I have never seen in in my area

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Goetz1965

I fetched a friend from germany just yesterday and they had to go thru customs at mactan airport because they carried more than 10k EUR and they had to declare it on arrival. Told me its a lot of paperwork and it from landing to be out of terminal2 it took them 1 hour.
But it was no problem to bringt that amount of money.

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Daddle
21 hours ago, RedRanger said:

So you can open a PNB bank account in USA?  I have never seen in in my area

Probably not. I do a DOLLAR wire transfer from my US bank to my wife’s PI PESO account at PNB. The exchange rate given by a foreign bank is likely better than a US bank.

Funny aside...my US bank has a banking presence in Manila. But the wire transfer goes from my US bank thru two other US banks and then to PNB. When I mentioned this odd practice they of course looked at me like I was the idiot. Fortunately it takes only hours...

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RogerDuMond
22 hours ago, RedRanger said:

So you can open a PNB bank account in USA?  I have never seen in in my area

Yes, PNB has a branch in N.Y. and L.A. and Metrobank has a branch in N.Y.

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RedRanger
19 minutes ago, RogerDuMond said:

Yes, PNB has a branch in N.Y. and L.A. and Metrobank has a branch in N.Y.

I am in Texas.

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