How many pesos can I take to the Philippines?

Pesos less than 10000 can be taken to the Philippines.

When entering or leaving the Philippines, you need to fill in the entry-exit registration card and customs declaration form. Tourists need to declare the total value of all their belongings, including gifts and samples of goods received.

Without the approval of the Central Bank of the Philippines, it is illegal for any inbound and outbound passenger to carry or take out more than 654.38+00000 pesos, checks or other drafts drawn in Philippine banks, which may be confiscated and may be subject to civil punishment or criminal prosecution. Foreign currency with more than $65,438+00,000 must be declared in the customs declaration form, otherwise a fine of more than 200,000 pesos and less than 50,000 pesos will be imposed, or a term of imprisonment of more than 2 years and less than 65,438+00 years will be imposed.

Extended data

Financial supervision in the Philippines;

The Philippine government's control over finance and foreign exchange has gone through a long process from strict to wide. In the more than 40 years before 1995, only four foreign banks were allowed to set up branches.

The General Banking Law passed in 2000 not only enabled foreign banks to freely enter the Philippine market, but also increased the shareholding ratio of foreign banks. It is even stipulated that under certain conditions, foreign banks can own 65,438+000% shares of local banks, and the financial market is completely open. More than 20 foreign banks have branches in the Philippines, and Bank of China has also opened a branch in the capital Manila.

China Consular Service Network-Philippine Entry and Residence