NAIA Customs intercept smuggled US dollars bills 0 SHARES Share it! Share TweetBy Ariel FernandezAirport Customs agents discovered some US$ 12, 000 (in $100 dollar bills) or more than half a million pesos concealed inside a box of a cellular phone from United States. Talusan said that the money was discovered when it passed the X-ray machine and through the vigilance of customs frontliners assigned at the FedEx warehouse. The undeclared foreign currency was neatly wrapped in aluminum foil possibly to conceal the subject currency from customs scrutiny. The public is advised to refrain from similar fraudulent schemes as the Bangko Central ng Pilipinas (BSP) Manual of Foreign Exchange Transaction requires the faithful declaration and accomplishment of Foreign Currency Declaration Forms for importation and exportation of foreign currency in excess of USD10,000 or its equivalent,

Source: Manila Bulletin August 01, 2019 13:30 UTC