Bangko Sentral ng Pilipinas Notice to the Public
Posted on Tuesday, 27 December 2016
This is to advise the general public that as part of the continuing efforts of the Bangko Sentral ng Pilipinas (BSP) to keep its regulations attuned to the needs of the Philippines’ growing economy including providing greater flexibility to travellers to and from the country, the Monetary Board has approved the issuance of Circular No. 922, increasing from PHP10,000 to PHP50,000 the amount of legal tender Philippine currency that may be imported/brought in and/or exported/brought out of the country physically or electronically without prior authorization from BSP effective 15 September 2016.
Maraming salamat at Mabuhay!