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BOC seizes P5.5M undeclared cash from passenger at MCIA
The Freeman
|September 27, 2025
The Bureau of Customs (BOC) confiscated P5.5 million in cash from a Japanese passenger at the Mactan-Cebu International Airport (MCIA) as part of its intensified campaign against illicit cash flows and money laundering.
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The passenger declared only P50,000, prompting authorities to seize the undeclared amount. Under Bangko Sentral ng Pilipinas (BSP) regulations, travelers carrying Philippine currency beyond the allowable limit must secure prior authorization to avoid confiscation.
The seized funds were issued a held baggage receipt and are now under a warrant of seizure and detention order, pending further investigation and legal action.
Cette histoire est tirée de l'édition September 27, 2025 de The Freeman.
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