The Bureau of Customs intercepted two packages of undeclared foreign currencies with a total amount of $13,500 or equivalent to P661,000 at the Ninoy Aquino International Airport in Pasay City.
The packages were both declared as “correspondence/no value” from Jefferson, USA, and consigned to the same person from Poblacion, Muntinlupa City.
Upon 100% physical examination, the first package was found to contain 75 pieces of $100 bills, while the other package contained 150 pieces of $20 bills, 20 pieces of $50 bills, and 20 pieces of $100 bills.
Just last September, BOC NAIA similarly intercepted $8,000 concealed in the pages of a magazine. In sum, for the year 2020, the port has intercepted a total of $31,200 or P1.560 million concealed and misdeclared in different packages.
BOC NAIA reminds the public that under the Bangko Sentral ng Pilipinas Manual of Foreign Exchange Transaction, in importing foreign currencies the importer simply needs to declare the amount intended to be imported using the prescribed Foreign Currency Declaration Form.
The seized foreign currencies shall be subjected to seizure and forfeiture proceedings.
The Bureau of Customs under Commissioner Rey Leonardo B. Guerrero will continue to be diligent in carrying out the Bureau’s mandate of strictly implementing regulatory laws and rules in the country’s border.
