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Bureau of Customs Ninoy Aquino International Airport (BOC-NAIA) seized two packages of undeclared foreign money amounting to US$13,500
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To date, BOC-NAIA has seized a total of $31,200 or P1.56 million in misdeclared foreign currencies concealed in different packages
Two packages of undeclared foreign currency with a total amount of US$13,500 (P650,300) were intercepted by the Bureau of Customs (BOC)-Ninoy Aquino International Airport (NAIA) on October 30 at a warehouse in Pasay City.
The packages were both misdeclared as “correspondence/no value” and arrived on October 23 and 29, 2020, respectively.
BOC in a statement said both packages were sent by the same sender from Jefferson City in the United States and consigned to the same person in Poblacion, Muntinlupa City. BOC did not disclose the identities of the sender and consignee.
Upon 100% physical examination, the first package was found to contain 75 pieces of $100 bills. The second package contained 150 pieces of $20 bills, 20 pieces of $50 bills, and 20 pieces of $100 bills.
Last September, BOC-NAIA also intercepted $8,000 in foreign currencies concealed in the pages of a magazine.
So far this year, the collection district has intercepted a total of $31,200 or P1.56 million in misdeclared foreign currencies concealed in different packages.
BOC-NAIA reminded the public that individuals simply need to declare the amount intended to be imported using the prescribed foreign currency declaration form, pursuant to the Bangko Sentral ng Pilipinas (BSP) Manual of Foreign Exchange Transaction.
The seized foreign currencies will be subjected to seizure and forfeiture proceedings for violation of Sections 1400 (Misdeclaration) and 1113 of Republic Act (R.A.) No. 10863 in relation to R.A. 7653 (New Central Bank Act) and BSP Foreign Exchange Transaction Manual.
