The Bureau of Customs, Bangko Sentral ng Pilipinas and the Anti-Money Laundering Council reiterate guidelines on the cross-border transfer of local and foreign currencies.
You may click the following links for references:
Procedures: https://www.bsp.gov.ph/SitePages/Regulations/GuideToFx.aspx?TabId=3
Foreign Currency Declaration Form: https://www.bsp.gov.ph/Regulations/MORFX/Annex%20K%20(cir794_2013).pdf
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