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Old 12th February 2019, 09:25 PM
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Default bring cash

anyone every bring a large amount of cash to the Philippines before. I know you must declare the amount if over 10,000 usd.
Are they counting your money at the airport ??

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Old 12th February 2019, 09:34 PM
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I have never brought that much with me - but I have also never hand them look...

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Old 12th February 2019, 10:57 PM
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One time I did bring $8,000 with me and thought I might be questioned but in actuality, I have never been asked either.

Fred

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Old 13th February 2019, 12:45 AM
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did they not check your pockets.. Where did you have the cash in your wallet..thanks for any reply

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Old 13th February 2019, 04:45 AM
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It's not that they check you, it's more in case they check you then fine you if over the undeclared limit.
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Old 13th February 2019, 12:28 PM
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I have a friend who brought ~$20k to the Philippines a few years ago to put toward the purchase of a house and lot. He and his filipina wife each brought in right at or under $10k each. I didnt ask him where he actually had the cash on him but I remember him telling me that nobody asked him about it or checked.

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Old 13th February 2019, 01:33 PM
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I have brought large amounts,it has to go thru the xray......I seal it in an envelope. Had one check it before ,just looked at the bills but didn't count

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Old 14th February 2019, 09:36 PM
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Never into the Philippines but once when working for the UN in Afghanistan they screwed up and gave me several months pay in cash instead of transferring to my bank account.

I simply brought all the documentation with me, contract, pay slips and copies of the emails on the issue about cash vs bank account.

Never declared it leaving Afghanistan ( no rule on that at the time) simply transited Dubai and Frankfurt so no declaration needed.

On arrival declared at Canada Customs, they took me into a room with two officers, counted all the money looked at my documentation and sent me on my way with a declaration form stamped certifying importation of the cash. ( Had a laugh with the agents since I also had small amounts of CDN, AED AFG, sterling and euro's with me and they needed a CDN equivalent of the amounts.)

When I went to the bank, I had to show the customs forms before they would accept the deposit. This was a small bank in a small town where I had banked for a couple decades and had gone to high school with the teller who took my deposit.

If they did the same in the Philippines you would have to count all cash at the airport. Then ask yourself do you want to leave the airport at night get in a cab when people know you are carrying what to them is a couple years worth of wages? You also have to think of how you will spend the cash, you will not be able to deposit it without the customs form, banks ask source of cash when exchanging it for peso. Basically you will have to keep the cash safe, until you can spend it and will get a poor exchange rate at a money changer instead of the bank rate.

If not declared and caught, a small risk but a risk nevertheless, you could lose the cash and be sent packing on next flight out. You would have to pay for the flight on a credit card since they would have your cash.

There are so many other good options for transferring money,IMHO, it is simply not worth the risk and hassle to use large amounts of cash.
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Last edited by Manitoba; 14th February 2019 at 09:45 PM.
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Old 19th February 2019, 04:56 AM
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Sure it's your money, some people bring large amounts of Cash to get better exchange rate than transfer companies. There are lots of ways to be partied from your money here, snatchers are amazing with there slight off hand. The exchange rate is zero on a empty Pocket. I bumped my transfer limit up to $9,000 with Xoom and Remitly . Third tier I think is $15,000 a day and total of 30k a month I think.
Without a 13a or SRRV looks impossible to open a bank account here now, so I just pay fees and don't keep larger amounts of Cash.

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Old 3rd March 2019, 08:58 AM
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I have met many people in my life who have had large amounts of cash stolen from them. Usually when they were carrying it to evade taxes. And know what? They all thought it would never happen to them !
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