guppyman Posted January 24, 2011 Posted January 24, 2011 This may sound like a silly question, but is there a restriction on the amount of US cash you can bring into the country? Here in China, there is a strict limit on the amount of US dollars they will wire to the Philippines. It cannot be more than $2000 in one year, so I was thinking of cashing out my savings account into dollars from RMB and bringing it when I come. Is there any problem in doing this? Thanks. Link to comment Share on other sites More sharing options...
Forum Support Old55 Posted January 24, 2011 Forum Support Posted January 24, 2011 This may sound like a silly question, but is there a restriction on the amount of US cash you can bring into the country? Here in China, there is a strict limit on the amount of US dollars they will wire to the Philippines. It cannot be more than $2000 in one year, so I was thinking of cashing out my savings account into dollars from RMB and bringing it when I come. Is there any problem in doing this? Thanks.If I remember correctly its the same as in the States, $10,000.00 USD. HOWEVER I would never ever want that kinda cash on me in Philippines. Link to comment Share on other sites More sharing options...
Jake Posted January 24, 2011 Posted January 24, 2011 This may sound like a silly question, but is there a restriction on the amount of US cash you can bring into the country? Here in China, there is a strict limit on the amount of US dollars they will wire to the Philippines. It cannot be more than $2000 in one year, so I was thinking of cashing out my savings account into dollars from RMB and bringing it when I come. Is there any problem in doing this? Thanks.If I remember correctly its the same as in the States, $10,000.00 USD. HOWEVER I would never ever want that kinda cash on me in Philippines. Right on Old55! Any large amount in cold cash in your possession invites all kinds of sharks, especially at the airport.Guppyman, please read the below link that happened recently to an active US Naval officer at Manila International:http://www.philippin...indpost&p=33504Respectfully -- Jake Link to comment Share on other sites More sharing options...
Jollygoodfellow Posted January 24, 2011 Posted January 24, 2011 The arrival cards say $10.000 US or equivalent to in other currency's from memory,you can bring in more but you must declare it. Link to comment Share on other sites More sharing options...
guppyman Posted January 25, 2011 Author Posted January 25, 2011 Thanks everyone for the info. I understand that there is a Bank of China branch in Cebu. I think I will just transfer the money there. It seems to be the safest way to go. Thanks again The arrival cards say $10.000 US or equivalent to in other currency's from memory,you can bring in more but you must declare it. Link to comment Share on other sites More sharing options...
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