The key thing is to do everything by the book and not try to take short-cuts. Before I relocated to the Philippines I transferred USD 15,000 every month for two years. I informed my own bank, the bank in the Philippines to which it was being transferred and, through my lawyer, the authorities. I had all the necessary paperwork to prove it was legally obtained. This was never questioned. When my wife and I relocated permanently I transferred a considerable sum of money, generated by the sale of property. Again, I informed the authorities and was required to complete some paperwork. All that the authorities in the Philippines required was proof of the source of the money, I presume to address the issue of money laundering. I had a brief interview with a consular official and everything was fine. Yes, it all amounted to a degree of bureaucracy, but hardly enough to make my life difficult and ultimately everything was official.
Thanks 🙏 Good information. I am leaving from New York to Philippines this August 23/2022 I am glad I watch your channel more often. More power Jennifer!
Hi Jennifer thanks for the advice hoping to come and see Philippines soon. Take care Sis and blessings to you and your family. Greetings from England Beth and Simon ❤️ 🙋
Changing Money 💰. This gets easier if you have a Trusted Philippine Friend. One with government photo ID and a bank account. We have mostly changed money at SM Mall (pictured in the video). I noticed, on my recent trip, the Form got more Complicated. It was a good thing I had someone with me that had the Necessary ID's & Requirements.
I WISH I HAD DONE THIS. Like an idiot I picked Manila just to save a little more money on the dang airfare. I will never make this mistake again. Now very shortly I have to fly thru Manila. Its too late to change. Im so nervous of having stuff taken at security.
Yes here in Germany that’s only allowed currency to bring in the Philippines if you don’t need to pay tax. If you bring more than 10.000 € declare it in the airport you must pay tax !
Good morning :) Hi Jen i am your silent viewers your very informative and helpful :) I dont have much money but, good to know :) Keep it up more info wish no more health one health pass wishful thingking:)
Jennifer did an excellent job with this. It confusing because you can bring a load of another currency but only 50,000 PHP I checked this, and its to stop money laundering of the peso Dr. Aidan C (retired) AKA the Strange Attractor
I have heard that some people send money to them self when they are in the Philippine with Western Union, Remity, WorldRemit, ........ Will try that when i will be there.
The one thing I really hate is that vendors always say they don't have change for your 500 or 1000 peso bill. Sometime its true and other times, they just want you to tell them "to keep the change". Especially the taxi drivers.
What we did when we went to the Philippines. we didn’t Carry much cash.Then we used Remitly app on our cp and sent to us or our trusted family to pick it up for us for our weekly spending we didn’t have any problems on picking up our cash in Philippine currency the exchange was great 53 pesos to a dollar at that time..
I exchange money from $ to pesos in banks, SM and Exchangers. Banks and SM takes too long process (is., paper works) Others money exchanger no paper works) However Banks are safer (inside the Bldg with guards ). when you bring $1k (100 bills) exchange to 55k pesos (1k bills) too thick carrying cash without bag.
Great video about where to get money. I usually bring a few hundred dollars with me and when I need more cash I would either go to a bank or Robinsons or SM Mall.
@@aicy5020 Maybe she is , maybe She Isn't . Maybe you can only bring that much without declaring it on a Special Form. Dig deep. Maybe rules have Changed since you Last traveled, ever think of that?
You can send by western union up to $50,000 if your ID IS verified to yourself. When you arrive , just go to western union and get your money. You can declare if you want to. They do not check .
@@bella7079 you also can send a cashiers check if your spouse has a bank account in the philippines. Dollar account. It will take a week to clear the cashiers check
We're not rich enough to take the full amounts but you are also allowed to take 50,000 php AND $10,000 usd in foreign currency before declaration. A useful thing to to do and our bank has this service, we convert most of our local currency to php before we leave so we don't have to deal with airport exchanges
Current conversion rate is 55 Pesos to 1 usd. You need to know where to go to get the best rate.. 35 Pesos is way too little. Also brand new Bills with no wrinkles or folds will get you the best rate
@@glennr2010 do you have Remitly app or Ria app available in Australia.. they have a decent rate and a very low fee.. something to consider. I will be going home to Cebu in early September. Enjoy your stay in the Philippines..
Jen, also it you have a banm in the Philippines and have more than 10,000 dollars in it you have to file a Fincen 105 form when you do your taxes in the USA.
I wish I had a bank there in PH when the country opens right now with the php to dollar ratio its good. I hope the country opens up soon everyone around PH is open even Australia
I am a part of a credit union and because credit unions back each other up I can withdraw money from almost every credit union in the world. Other people apart of a credit can also do the same. So why worry about bringing money if you can withdraw what you need when you get there?
i am a Superannuant from New Zealand What i have done in the past is just carry a minimum of cash into the Philippines and then use my debit card to withdraw cash from the ATM. in Manila .I also get a copy of my bank statement to prove i have an income from my fortnightly payments from the New Zealand Government i have never had any problems using this system.
Thanks Jen also if you are bringing in Philippine many (peso) ,,, A person may bring into (import) or take out of (export) the Philippines, either physically or by electronical transfer, legal tender Philippine currency of an amount not exceeding PHP 50,000 (fifty thousand pesos, Philippine currency) without prior authorization from the Bangko Sentral ng Pilipinas. The monetary forms include legal tender Philippine notes and coins, checks, money order and other bills of exchange drawn in Philippine Pesos against banks operating in the Philippines. The increase to PHP 50,000 in the allowable amount of Philippine currency brought in or out of the Philippines took effect on 15 September 2016, per Bangko Sentral ng Pilipinas Circular No. 922, series of 2016, dated 23 August 2016, titled “The Amendments of the Rules on Cross-Border Transfer of Local Currency”.
@@MRDPG59 Its only 50,000PHP to stop money laundering of peso. But you can bring in $10,000 equivalent in any other currency and convert it to PHP of you like.
@@aicy5020 Correct :) I just wanted to add this in case somebody was planning on taking a large amount of Peso into the Philippines :) have a great day :)
Meron po akong naka meet through dating app. He is from UK then nag punta sya dito sa Pinas ang problema 2 days na daw syang naka hold sa katiklan airport gawa ng 130k usd daw po dala nyang cash tapos di daw po na declare upon arrival. May pinaka usap sya sakin na lady officer na pinay din tapos ang sabi sakin need daw ni afam magbayad ng 27500 para ma clear daw sya sa airport pero bawal daw nya gamitin yung mga pera nyang dala so nanghihingi sya sakin ng help. Medyo natatakot akong magbigay kasi malaking pera nga and wala akong masyadong alam pa sa ganitong law. Then tumawag ulit sakin yung officer sabi pinag sign daw ng waiver si afam (akala ko naman para ma clear na sya, yun pala nabawasan ng 50% yung fee na need nyang i settle which is 27500 down to 13500 nalang) napapaisip ako kung magkasabwat ba yung afam at yung pinay? 1 month ko palang kausap yung afam and everytime na tumatawag sya sakin yung number nya is pang uk so convinced talaga ako. Pero this time parang may mali 🥺
Paano naman po mam kung tyong pinoy ay galing ng ibang bansa at my dalang 10k $ up na dala, wala bang tax pag nag declare tyo? Sana po masagot thabk you
Hi, I have been to Philippines 6 times and never had a problem making money exchange at S&M malls. There is a uniformed guard who is very helpful if you need assistance filling out the form...
@@carlschleicher5516 you can exchange USD at SM & Robinson's malls. Bring your passport. Other currencies are also accepted at SM (euro, GBP, etc), not so at Robinson's.
I have been to Philippines 8 times now, i only took cash first trip but never again, western union would only give me 35 pesos for my Australian dollar, so i went to my hotel room and transferred money to western union via my laptop , within an hour, i got 38 pesos per dollar, I have done the same since.
Western union ist not good to change money because there commissions is to big than the money you changed! I never changed in western union it’s better in black market!
Dear Jennifer, you made it clear regarding bringing $ into Philippines, but you have forgotten to tell us how much cash Peso you can bring into philippines? thanks and regards .
@Mimay... Nag change na. Allowed up to P50k. So your bf is ok. Sa foreign currency naman US$10K or equivalent. Pag sobra din, pwede nmn ipasok, kelangan lang i declare.
Hey Jennifer, thank you for all the info. Quick question, I am coming for a month long vacation, landing and staying in Cebu, where should I exchange USD to Pesos?
I travel with my family a lot and many times in the Philippines. Since critical medical services can be withheld until payment or arrangements are made,... and bank accts difficult to establish if not a resident,... I travel with significant cash on hand,... because my wife or children are NOT going to lack critical medical attention in an emergency because a credit card doesn't work or ATM's are empty on the weekend, or WU is closed, etc, etc. Granted, it is unlikely,... but accidents happen and health crises DO occur.😉
Bring a debit card..much better...atm or credit card...you dont need to give tips in the airlines..declaring money from your pocket is not safety...we never know...keep safe..
@Neriza debit card have limits Of withdrawal. Credit card have credit limit. If you need to pay your mortgage or buy a property you need larger amount of cash. Its nice to have cards But cash is king.
hi jennifer sana masagot mo itong tanong ko kung pamilya kayo uuwi ng pinas allowed bang mag dala bawat isa ng tig10.000dollars? ako asawa ko at anak ko? sana mabigyan mo ako ng kasagutan salamat idol
you go to the station which is at the curb after you are cleared you can ask the SG and he will direct you where. They are fixed rate according to the mileage destination, and are like private vehicles (not taxi like). I have been using them since 2009, and my latest visit was 2018 and they are still there.
Good morning to you Jennifer, I always put my hundreds in between a book a month or two before I get there because some places refuse to take it if it's even has a little bent corner. But when I exchange it I get the nastiest looking old dirty pesos you can't believe, wrinkled and dirty. Why do sometimes I have to go to two or three places to exchange them? Why are they so particular about US dollars? (Ricky)===::: Have learned my lesson 10 years ago. Thank you for the information you have showed me.
Why anyone would need to or even want to bring that much money with them I have no idea. Actually I have one idea and it's that the person has something to hide and doesn't want a paper trail.
Thank you Jennifer i had a look on a Philippines gov site and it said 50000 php so i e-mailed the central bank of the Philippines fore permission to bring it and i'm still waiting fore a reply from them after a week. keep up the good work you do fore us. take care xx
Great Attitude...and smile. Thanks for this. Suposedly we can olny bing in 50,000 Philippine Pesos into the country. What to do if I want to bring in more pesos cash then that? Is it as simple as just declaring it at the airport ...fill out a form and no fees?
Jennifer where have you been? Thanks for making this video , I am going to Philippines in January and was considering eating my extra cash and then pooping it out at my hotel 😅
If you are carrying a lot of money, you should declare it. Why? Cause there have been instances where they will take your money and will force you to pay a fee to get that money back. So in the end, just declare the money, nothing bad about it.
JT...sorry I had to take a call and was distracted, what my lawyer and accountant suggested was $9,990.00, trivial as it may seem, there is a paper trail that should be followed for transfers between banks .
Hello Jennifer, I’ll be in the Philippines next week and planning to bring over $10,000 when I leave Philippines to the States. Do I need to complete a form with the Bureau of the Philippines?
@@TharaLetzISLANDER: Since Jennifer didn't respond to my question, I did my own research. I was able to wire $250,000 from my bank in the Philippines to my wells Fargo account in the states. Took only one day for the transfer. I will file form FinCEN 105 to US Customs.
Hi Jen, Thanks for the information. Just for clarification, $10k per person? What about if you’re 3 in the family traveling together? The whole family can bring $30k? Is that accurate? Thanks.
The $10,000 amount is per family so you only make one customs declaration form. I have yet to try making separate declaration forms if I am traveling with an adult family member so we can each carry $10,000. No policy against this. Although I did bring back more than $10,000 once and I declared it, no extra steps at immigration. Iba naman yung asawa ng politiko na labis sa $200,000 ang dinala at hindi pa idineclare eh di huli.
@@matriksist they may ask you why you're bringing that amount of cash - may think that you're laundering money. If you need that amt of cash, you can do it via bank transfer.
Any other Brits please confirm you can only import 50,000 PHP into Philippines But you can bring in $10,000 or equivalent Dont get it? Probably to stop money laundering?
Jennifer, thanks for the informative videos. Because of you my vacation in Feb this year was a success. My question is, I have 50,000 php and 5,000 usd that I want to bring in this month (October). Can I bring this combination of cash in to the Philippines?
Hi, thank you. One question. Im in America, Can I bring Philippino peso with me from America? Is that better to do? My bank can order it for me before my trip there. Great video. It pretty much answered all my questions except the one I asked God bless you as well
The key thing is to do everything by the book and not try to take short-cuts. Before I relocated to the Philippines I transferred USD 15,000 every month for two years. I informed my own bank, the bank in the Philippines to which it was being transferred and, through my lawyer, the authorities. I had all the necessary paperwork to prove it was legally obtained. This was never questioned. When my wife and I relocated permanently I transferred a considerable sum of money, generated by the sale of property. Again, I informed the authorities and was required to complete some paperwork. All that the authorities in the Philippines required was proof of the source of the money, I presume to address the issue of money laundering. I had a brief interview with a consular official and everything was fine. Yes, it all amounted to a degree of bureaucracy, but hardly enough to make my life difficult and ultimately everything was official.
Any US bank you can recommend that does direct transfer to the Philippine Bank. Thanks.
Thanks Jennifer, you’re so smart giving informations to our travelers going back to Pinas. I am sure, all appreciated your informations for them.
Thanks 🙏 Good information.
I am leaving from New York to Philippines this August 23/2022
I am glad I watch your channel more often.
More power Jennifer!
Have fun!!!
I already arrived to ph w/ no hassle following your guides and i still watch your videos cuz i just love your expressions 😆😆
May you please tell me what was the required documents for depart and arrival? Will a test be needed returning back to your country?
Hi MS Terri can I screenshot my PCR results to my one health pass
Hi Jennifer thanks for the advice hoping to come and see Philippines soon.
Take care Sis and blessings to you and your family.
Greetings from England Beth and Simon ❤️ 🙋
Changing Money 💰. This gets easier if you have a Trusted Philippine Friend. One with government photo ID and a bank account. We have mostly changed money at SM Mall (pictured in the video). I noticed, on my recent trip, the Form got more Complicated. It was a good thing I had someone with me that had the Necessary ID's & Requirements.
SM money changer usually ask for passport and I.D.
Just arrived in Cebu today.Everything went smooth and quick.No problem.
I WISH I HAD DONE THIS. Like an idiot I picked Manila just to save a little more money on the dang airfare. I will never make this mistake again. Now very shortly I have to fly thru Manila. Its too late to change. Im so nervous of having stuff taken at security.
If you bring in Philipoine Pesos you can only import 50,000PHP
However in foreign currency you can bring in $10,000 .
Yes here in Germany that’s only allowed currency to bring in the Philippines if you don’t need to pay tax. If you bring more than 10.000 € declare it in the airport you must pay tax !
My bf will bring 50k in pesos with him in cash so its okay?
@@dashbored24 of corz, that is only less than $1k.
Cool 😎😎😊😎 thanks
Good morning :)
Hi Jen i am your silent viewers your very informative and helpful :)
I dont have much money but, good to know :)
Keep it up more info wish no more health one health pass wishful thingking:)
Jennifer did an excellent job with this.
It confusing because you can bring a load of another currency but only 50,000 PHP
I checked this, and its to stop money laundering of the peso
Dr. Aidan C (retired) AKA the Strange Attractor
Thank you Jennifer for this information, really very informative now I have an idea on how much money I could bring in the 🇵🇭 with out hussle tnx.🙏❤
Thanks for the info Ms.Jennifer...
God bless you more 🙏 ❤
Good Video and Information Jennifer 👌 👍 👏
I have heard that some people send money to them self when they are in the Philippine with Western Union, Remity, WorldRemit, ........
Will try that when i will be there.
I do that, works well
@@scottramey4443 Western Union?
@@peraakeoerneving1955 sorry..yes ..I use WU
I do that.
yes it works ill do the same everytime i go for vacation
I went to the Philippines , I brought $1,500.00 in US and I brought 15000 PHP
Just went to Philippines this august 1 it was a freaking long que before you get to immigration make sure you got your one health pass
And they keep updating what information you need to upload!
I really enjoy your vlogs about travel to the Philippines they are very helpful, thank you ☺️
Thank you Jennifer for all info. Appreciate it
Thank you Jennifer. You are adorable. I love watching your helpful videos.
Thank you so much for the heads-up. But I don't have that much money to spend in the Philippines.
Thank you for sharing this video ❤❤❤
Thank you, Jennifer. You answered my concerns.
The one thing I really hate is that vendors always say they don't have change for your 500 or 1000 peso bill. Sometime its true and other times, they just want you to tell them "to keep the change". Especially the taxi drivers.
good callout
Keeping the change is the way we as a society pay for our politicians' sins of corruption. God bless y'all.
What we did when we went to the Philippines. we didn’t Carry much cash.Then we used Remitly app on our cp and sent to us or our trusted family to pick it up for us for our weekly spending we didn’t have any problems on picking up our cash in Philippine currency the exchange was great 53 pesos to a dollar at that time..
“Trusted” is the key word here 😂😂😂
I'm glad you cleared that up for me I was woried about that
Very helpful & informative 👍🏾 ty
Thanks Jennifer this is very good and informative 🙋♂️🙏💝💖💞🤙👍👍
I exchange money from $ to pesos in banks, SM and Exchangers. Banks and SM takes too long process (is., paper works) Others money exchanger no paper works) However Banks are safer (inside the Bldg with guards ). when you bring $1k (100 bills) exchange to 55k pesos (1k bills) too thick carrying cash without bag.
Thanks for this information...
Thank you for the information Ms. Teri... God bless u more
Great video about where to get money. I usually bring a few hundred dollars with me and when I need more cash I would either go to a bank or Robinsons or SM Mall.
Are there ATMs at those malls or banks that you get the cash?
@@jeffjohnson4920 yes, there are ATMs in most malls
@@jeffjohnson4920 I think Jeff Chipps is talking about foreign money changer, which is now all over the place in the Philippines, even in Malls.
You go girl!! Thank you!
So Thank you Very Much for this Reminder.
You Always Have such Informative Little Tid Bits for Everyone .
this is incorrect. You can only bring 50,000PHP or equivalent into the Phillipines
You can only bring in 50,000PHP she is wrong
@@aicy5020
Maybe she is , maybe She Isn't .
Maybe you can only bring that much without declaring it on a Special Form.
Dig deep. Maybe rules have Changed since you Last traveled, ever think of that?
I refer you to all my friends who are traveling to the Philippines
As always good information.
As always super information you did your homework.
Great job.
Thanks Jen!!
Always informative and helpful, Jennifer
Thank you for info Jennifer
put it in your Bank account and use your credit or debit card withdraw it on arrival in the phillippines
You can send by western union up to $50,000 if your ID IS verified to yourself. When you arrive , just go to western union and get your money. You can declare if you want to. They do not check .
Will WU give you your $50k in US currency?
@@bella7079 Hi , i have only paid a service fee for sending. I use 2 companies . 1. Western union
2. MONEY GRAM.
@@bella7079 you also can send a cashiers check if your spouse has a bank account in the philippines. Dollar account. It will take a week to clear the cashiers check
We're not rich enough to take the full amounts but you are also allowed to take 50,000 php AND $10,000 usd in foreign currency before declaration.
A useful thing to to do and our bank has this service, we convert most of our local currency to php before we leave so we don't have to deal with airport exchanges
U said per person right? Thank you very much for ur information, we really do appreciate all ur help.
Current conversion rate is 55 Pesos to 1 usd. You need to know where to go to get the best rate.. 35 Pesos is way too little. Also brand new Bills with no wrinkles or folds will get you the best rate
The 35 is for Australian dollars.
@@glennr2010 do you have Remitly app or Ria app available in Australia.. they have a decent rate and a very low fee.. something to consider. I will be going home to Cebu in early September. Enjoy your stay in the Philippines..
Jen, also it you have a banm in the Philippines and have more than 10,000 dollars in it you have to file a Fincen 105 form when you do your taxes in the USA.
I wish I had a bank there in PH when the country opens right now with the php to dollar ratio its good. I hope the country opens up soon everyone around PH is open even Australia
I am a part of a credit union and because credit unions back each other up I can withdraw money from almost every credit union in the world. Other people apart of a credit can also do the same. So why worry about bringing money if you can withdraw what you need when you get there?
Your card gets damaged, lost, stolen that’s why you need to bring some cash!
Not to mention the international fee when using your card outside the United States.
Tnxs again for the info.God bless
i am a Superannuant from New Zealand What i have done in the past is just carry a minimum of cash into the Philippines and then use my debit card to withdraw cash from the ATM. in Manila .I also get a copy of my bank statement to prove i have an income from my fortnightly payments from the New Zealand Government i have never had any problems using this system.
Thanks for sharing your information with us
Thanks Jen also if you are bringing in Philippine many (peso) ,,,
A person may bring into (import) or take out of (export) the Philippines, either physically or by electronical transfer, legal tender Philippine currency of an amount not exceeding PHP 50,000 (fifty thousand pesos, Philippine currency) without prior authorization from the Bangko Sentral ng Pilipinas. The monetary forms include legal tender Philippine notes and coins, checks, money order and other bills of exchange drawn in Philippine Pesos against banks operating in the Philippines.
The increase to PHP 50,000 in the allowable amount of Philippine currency brought in or out of the Philippines took effect on 15 September 2016, per Bangko Sentral ng Pilipinas Circular No. 922, series of 2016, dated 23 August 2016, titled “The Amendments of the Rules on Cross-Border Transfer of Local Currency”.
50,000PHP is alot less than 10.000 dollarsUSA
@@aicy5020 Yes and i think that before it went up to 50,000 PHP it used to be only 10,000 PHP
@@aicy5020 P50k is less than US$1k at current exchange rate at P54.
@@MRDPG59
Its only 50,000PHP to stop money laundering of peso.
But you can bring in $10,000 equivalent in any other currency and convert it to PHP of you like.
@@aicy5020 Correct :)
I just wanted to add this in case somebody was planning on taking a large amount of Peso into the Philippines :)
have a great day :)
Meron po akong naka meet through dating app. He is from UK then nag punta sya dito sa Pinas ang problema 2 days na daw syang naka hold sa katiklan airport gawa ng 130k usd daw po dala nyang cash tapos di daw po na declare upon arrival. May pinaka usap sya sakin na lady officer na pinay din tapos ang sabi sakin need daw ni afam magbayad ng 27500 para ma clear daw sya sa airport pero bawal daw nya gamitin yung mga pera nyang dala so nanghihingi sya sakin ng help. Medyo natatakot akong magbigay kasi malaking pera nga and wala akong masyadong alam pa sa ganitong law. Then tumawag ulit sakin yung officer sabi pinag sign daw ng waiver si afam (akala ko naman para ma clear na sya, yun pala nabawasan ng 50% yung fee na need nyang i settle which is 27500 down to 13500 nalang) napapaisip ako kung magkasabwat ba yung afam at yung pinay? 1 month ko palang kausap yung afam and everytime na tumatawag sya sakin yung number nya is pang uk so convinced talaga ako. Pero this time parang may mali 🥺
Hurrah for Jennifer!!!!
Paano naman po mam kung tyong pinoy ay galing ng ibang bansa at my dalang 10k $ up na dala, wala bang tax pag nag declare tyo? Sana po masagot thabk you
Thank you for your info.
Thanks Jennifer
Hi, I have been to Philippines 6 times and never had a problem making money exchange at S&M malls. There is a uniformed guard who is very helpful if you need assistance filling out the form...
Thank you, nice to know. I've always heard different, that it's hard to exchange 😕
@@carlschleicher5516 you can exchange USD at SM & Robinson's malls. Bring your passport. Other currencies are also accepted at SM (euro, GBP, etc), not so at Robinson's.
God bless all you people who have a problem like this lol.
Lol
I have been to Philippines 8 times now, i only took cash first trip but never again, western union would only give me 35 pesos for my Australian dollar, so i went to my hotel room and transferred money to western union via my laptop , within an hour, i got 38 pesos per dollar, I have done the same since.
Don't let the Philippines bank's do the currency exchange it's 35 PHP and 400 PHP on top of that
We are supposed to declare over 10,000 USD, but our Biden didn't declare his 85 billion dollar going away gift for Taliban. 😂
Western union ist not good to change money because there commissions is to big than the money you changed! I never changed in western union it’s better in black market!
Dear Jennifer, you made it clear regarding bringing $ into Philippines, but you have forgotten to tell us how much cash Peso you can bring into philippines? thanks and regards .
Ff
P10K only.
@@mingmingdcat1479 omg 10k pesos??? My bf exchanged the money from his country worth 50k in pesos plus money in his card
@@mingmingdcat1479 please enlighten me po ty
@Mimay... Nag change na. Allowed up to P50k. So your bf is ok. Sa foreign currency naman US$10K or equivalent. Pag sobra din, pwede nmn ipasok, kelangan lang i declare.
Hey Jennifer, thank you for all the info. Quick question, I am coming for a month long vacation, landing and staying in Cebu, where should I exchange USD to Pesos?
I went back home I Brought 7, 000. 00 pound I didn’t declare it because mostly airport allowed to bring the equivalent of 10 thousand US dollars
I dont bring very much cash into the philipiines .. use a debit card no need to declare it,,
I travel with my family a lot and many times in the Philippines. Since critical medical services can be withheld until payment or arrangements are made,... and bank accts difficult to establish if not a resident,... I travel with significant cash on hand,... because my wife or children are NOT going to lack critical medical attention in an emergency because a credit card doesn't work or ATM's are empty on the weekend, or WU is closed, etc, etc.
Granted, it is unlikely,... but accidents happen and health crises DO occur.😉
Bring a debit card..much better...atm or credit card...you dont need to give tips in the airlines..declaring money from your pocket is not safety...we never know...keep safe..
If you don’t declare
They might seize it unless you proved its legal.
All countries have this rules.
Cash society
@Neriza debit card have limits
Of withdrawal.
Credit card have credit limit.
If you need to pay your mortgage or buy a property you need larger amount of cash.
Its nice to have cards
But cash is king.
Definitely do not use your ATM, if there is fraud it will take time to resolve with your bank. If your must, use a credit card.
Ilagay sa debit card, magdala lng ng amount na cash na gusto mo.
Common sense lang nman.
What about gold silver
Thanks Terry for a very clear explanation regarding monetary hand carry. May I know if husband and wife could bring 10taw dollar each
tnx alot ms. jenfor infos
hi jennifer sana masagot mo itong tanong ko kung pamilya kayo uuwi ng pinas allowed bang mag dala bawat isa ng tig10.000dollars? ako asawa ko at anak ko? sana mabigyan mo ako ng kasagutan salamat idol
Thank you very much for that
Jen can you make a video about the Taxi sa airport Manila or Grab Taxi. Anong best way to take kung walang sundo?
Thank you
you go to the station which is at the curb after you are cleared you can ask the SG and he will direct you where. They are fixed rate according to the mileage destination, and are like private vehicles (not taxi like). I have been using them since 2009, and my latest visit was 2018 and they are still there.
Good morning to you Jennifer, I always put my hundreds in between a book a month or two before I get there because some places refuse to take it if it's even has a little bent corner. But when I exchange it I get the nastiest looking old dirty pesos you can't believe, wrinkled and dirty. Why do sometimes I have to go to two or three places to exchange them? Why are they so particular about US dollars? (Ricky)===:::
Have learned my lesson 10 years ago. Thank you for the information you have showed me.
What if I have to bring 10,000.00 US Dollars in cash and I have another 10,000.00 US dollars in my card, do I still need to declare it?
not the dollars in your card, just cash and travellers cheques
Why anyone would need to or even want to bring that much money with them I have no idea. Actually I have one idea and it's that the person has something to hide and doesn't want a paper trail.
This is just example I am retired balikbayan i have $50k cash what is the penalty or tax penalty in the Philippines
Ok but supposed to declare
What exactly happens when I declare $15,000? Is that some kind protection of my money?
Thank you Jennifer i had a look on a Philippines gov site and it said 50000 php so i e-mailed the central bank of the Philippines fore permission to bring it and i'm still waiting fore a reply from them after a week. keep up the good work you do fore us. take care xx
I think there are very few exceptions to this 50,000 peso rule. Just keep it under 50K and look for other ways to move your money.
Thank you
Hi Jennifer, Assuming I brought gold & cash with a total value less than $10k, would I need to declare it?
Great Attitude...and smile. Thanks for this. Suposedly we can olny bing in 50,000 Philippine Pesos into the country. What to do if I want to bring in more pesos cash then that? Is it as simple as just declaring it at the airport ...fill out a form and no fees?
Never mind...I found another vid by you!! :)
Good info
Jennifer where have you been? Thanks for making this video , I am going to Philippines in January and was considering eating my extra cash and then pooping it out at my hotel 😅
Still here 😂
Amazing video. Ty for the info. Question, is it individual $10,000? What if I travel with my two underage kids. Can we bring $30K? Ty!
My GF declared my USD in Davao and donated $100:)
If you are carrying a lot of money, you should declare it. Why? Cause there have been instances where they will take your money and will force you to pay a fee to get that money back. So in the end, just declare the money, nothing bad about it.
I only have 2k for my 20 days vacation to Philippines this sept :(
Many pick packeter this is very true dont cary your jewelry And be careful
SM and BDO are good to exchange your foreign currenxy
JT...sorry I had to take a call and was distracted, what my lawyer and accountant suggested was $9,990.00, trivial as it may seem, there is a paper trail that should be followed for transfers between banks .
Hello Jennifer, I’ll be in the Philippines next week and planning to bring over $10,000 when I leave Philippines to the States. Do I need to complete a form with the Bureau of the Philippines?
Highly suggest you declare.
A friend got taken aside when they brought more than 10 thousand to the USA from Philippines
@@TharaLetzISLANDER: Since Jennifer didn't respond to my question, I did my own research. I was able to wire $250,000 from my bank in the Philippines to my wells Fargo account in the states. Took only one day for the transfer. I will file form FinCEN 105 to US Customs.
@@methemonkeyking I could have a lot of yummy halo-halo with $250,000
Hi Jen, Thanks for the information. Just for clarification, $10k per person? What about if you’re 3 in the family traveling together? The whole family can bring $30k? Is that accurate? Thanks.
then its good ..10k per person
Nice to know
Yes, but you need to declare it, but if it's less than $10k, you don't need to declare it.
You guys are loaded!!! I’m traveling to the Philippines with you! 😂😂😂
The $10,000 amount is per family so you only make one customs declaration form. I have yet to try making separate declaration forms if I am traveling with an adult family member so we can each carry $10,000. No policy against this. Although I did bring back more than $10,000 once and I declared it, no extra steps at immigration. Iba naman yung asawa ng politiko na labis sa $200,000 ang dinala at hindi pa idineclare eh di huli.
Are you saying $200k is allowable as long as you declare?.
@@matriksist they may ask you why you're bringing that amount of cash - may think that you're laundering money. If you need that amt of cash, you can do it via bank transfer.
Do you know why all the bills have to be fresh and crisp with no tears and brand new?
I have a question. Does gold and or jewelry considered money.
What if I bring $10,000 and 10bars of gold?
Any other Brits please confirm you can only import 50,000 PHP into Philippines
But you can bring in $10,000 or equivalent
Dont get it?
Probably to stop money laundering?
lol... i'd rather take 10k$ with me than only 50,000 php thats only like less than $1,000.00
Jennifer, thanks for the informative videos. Because of you my vacation in Feb this year was a success. My question is, I have 50,000 php and 5,000 usd that I want to bring in this month (October). Can I bring this combination of cash in to the Philippines?
Were you somehow allowed to bring that amount of money when you got their in the Philippines on your vacation?
I have a question Jen, yung $10,000 individual ba yan or by families only
Thank you!
$10,000 per family
@@mark4020per person not per family
My fiancé was worried about he's bringing like 100,000php to PH.
Hi, thank you. One question. Im in America, Can I bring Philippino peso with me from America? Is that better to do? My bank can order it for me before my trip there.
Great video. It pretty much answered all my questions except the one I asked
God bless you as well
Thanks ✌️👍
So a husband and wife can cary $10k each?