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Friday, January 24, 2025
26.3 C
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Friday, January 24, 2025

BSP supports eTravel customs system rollout in PH airports

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The Bangko Sentral ng Pilipinas (BSP) said Monday it is supporting the efficient roll-out of the eTravel Customs System in all international airports.

The system enables all arriving and departing travelers to fill-out the electronic customs baggage declaration form (e-CBDF) and electronic currencies declaration form (e-CDF) using the eTravel website.

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It also reminded the public on the strict implementation of rules on cross-border transfer of currencies provided under Section 4 of the Manual of Regulations on Foreign Exchange Transactions (FX Manual), as amended.

“Any person, who brings into or takes out of the Philippines foreign currency, in excess of $10,000 or its equivalent in other foreign currencies is required to declare the whole amount brought into or taken out of the Philippines using the e-CDF,” the BSP said.

It said that for Philippine currency, a person may bring into or take out of the Philippines an amount not exceeding P50,000.

“Amounts in excess of the limit shall require prior written authorization from the Bangko Sentral ng Pilipinas (BSP); and declaration of the whole amount brought into or taken out of the Philippines in the e-CDF,” the BSP said.

The BSP advised all travelers to fully comply with these requirements to ensure seamless international travel clearance.

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