BOC Intercepts PhP 1.1M in NAIA

BOC Intercepts PhP 1.1M in NAIA

The Bureau of Customs – Port of NAIA intercepted 1.1 million Philippine Pesos from a passenger from Kota Kinabalu who arrived via AirAsia Flight No. Z2 502 on March 6, 2020 at around 9:00pm at the Ninoy Aquino International Airport (NAIA) Terminal 3.

The Philippine currency was seized for violation of Republic Act No. 10863 (Customs Modernization and Tariff Act) in relation to Bangko Sentral ng Pilipinas (BSP) Circular No. 922 s.2016 on Cross-Border Transfer of Local and Foreign Currencies.

The incident started when the duty Customs Examiner noticed a passenger and his two companions acting suspiciously.  He then directed the passenger identified thru his Malaysian passport as GAN KANG HSIUNG, male, 32 years old, to bring his checked-in baggage to the Customs examination lane.

The Customs Intelligence and Investigation Service (CIIS) and Enforcement and Security Service (ESS) operatives assisted the Examiner in undertaking the examination.  Initial results yielded bundles of Philippine peso bills.

The importation or exportation of Philippine currency is regulated under the BSP Advisory on Cross-Border Transfer of Local and Foreign Currencies, wherein a person may bring in and out of the Philippines not more than Php 50,000.00. Any amount exceeding Php 50,000.00 will require authorization from the Bangko Sentral ng Pilipinas (BSP) prior to importation or exportation.

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PUBLIC INFORMATION OFFICE (PIO) Bureau of Customs G/F OCOM Building, South Harbor (Port of Manila), Manila Landline: (02) 8527-8259 or (02) 8527-1968 Fax: (02) 8527-1968

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