Bringing Currency into the Philippines. A lot of people have questions on this subject and I have seen one heck of a lot of wrong information circulating around out there. So I thought I would set the record straight. There are two cbp form 6059b pdf of national laws which must be followed here, the U.
A and the Republic of the Philippines. OK, Now What About Philippine Law? I bring into the U. Officer can help with filling out the form. 11, 000 in their possession and must report it on a FinCEN 105. The FinCEN 105 can be obtained prior to traveling or when going through CBP. Now this answers without doubt a common misconception.
10,000 USD into or out of the US. Coming or going by the way I read the instructions, even though you normally don’t have to clear customs when leavig the US. US Customs has and will confiscate currency that people don’t report, in addition to possible criminal penalties, so from what I can see, failing to declare is not a viable work-around. When you come and go to and from the Philippines, there are two different sets of rules to consider. No permit is required from the Bangko Sentral ng Pilipinas to bring in to or to take out from the Philippines of foreign currencies.