Cash / Currency 🇵🇭 Philippines
PHP 50,000 limit; foreign currency over USD 10,000 must be declared
Can I bring Cash / Currency into Philippines?
PHP 50,000 limit; foreign currency over USD 10,000 must be declared
PHP 50,000 / USD 10,000 without declaration
- BSP declaration form for excess amounts
Required at the destination customs authority
Full details
Bangko Sentral ng Pilipinas (BSP) Circular No. 1106 permits travelers to bring or take up to PHP 50,000 without declaration. Amounts above require BSP Form 1 prior-authorisation. Foreign currency equivalent over USD 10,000 must be declared on arrival and departure using the Customs Declaration Form. Non-declaration carries seizure of the amount plus a fine of up to PHP 500,000 and prison up to 14 years under R.A. 9160 (Anti-Money Laundering Act). The limit applies regardless of currency denomination — cheques and bearer instruments count.
PENALTIES
- Fine: 5000–500000 PHP
- Civil penalty only
Active — Customs actively enforces this rule.
Leaving Philippines with cash / currency
Travellers departing from Philippines carrying cash, banker's cheques, bearer bonds, or other bearer-form negotiable instruments totalling USD 10,000 (foreign currency; peso notes above PHP 50,000 need BSP authorisation) or more must complete the Foreign Currency Declaration Form (BSP) at customs before boarding. This threshold aggregates all currencies at exchange-rate parity. Failure to declare is grounds for seizure of the entire cash amount under BSP Manual of Regulations on Foreign Exchange Transactions; RA 9160 (AMLA) plus criminal prosecution for aggravated cases. Source-of-funds documentation may be requested. Legitimate declared movements are not restricted; the requirement is transparency-based to combat money laundering and tax evasion.
Values at or above this threshold must be declared (PHP).
Declare cash, traveler's cheques, or monetary instruments above the local threshold to Bureau of Customs on arrival or departure. Use the dedicated currency-declaration channel; undeclared amounts above the threshold are subject to seizure and an administrative fine of 25-50% of the undeclared sum.
PHP 50,000 / USD 10,000 without declaration
- BSP declaration form for excess amounts
BSP Circular 1071
This page covers destination customs rules in Philippines. Whether you can carry cash / currency through security, in carry-on, or in checked baggage depends on airline and screening rules — see air travel rules.
Cash / Currency rules in other countries
Cash / Currency
🇺🇸 United States
Must declare cash or monetary instruments over USD 10,000 on arrival and departure.
Cash / Currency
🇬🇧 United Kingdom
Must declare cash of GBP 10,000 or more when entering or leaving Great Britain.
Cash / Currency
🇩🇪 Germany
EU rule: declare EUR 10,000 or more when entering or leaving the EU.
Cash / Currency
🇦🇪 United Arab Emirates
Must declare cash of AED 60,000 or more (approx. USD 16,300) on arrival.
Cash / Currency
🇻🇳 Vietnam
VND 15 million limit; USD 5,000 foreign currency
Cash / Currency
🇫🇷 France
EUR 10,000 declaration required (EU rule)