BOC-NAIA seizes over P1.8 Million worth of undeclared foreign currency

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BOC-NAIA seizes over P1.8 Million worth of undeclared foreign currency
BOC-NAIA
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The Bureau of Customs-Ninoy Aquino International Airport intercepted undeclared foreign currency , valued at over P1.8 million from a Filipino passenger at NAIA Terminal 1.In a press statement, BOC-NAIA said the package consisted of 3,950,000 Japanese Yen , 20,000 Euro , and 8,500 Kuwaiti Dinar .The currency was found hidden inside a hand-carried baggage of a passenger bound for Hong Kong, after a routine x-ray screening flagged the luggage on February 21, 2025.

This interception supports President Ferdinand R. Marcos Jr.'s directive to implement the National Anti-Money Laundering, Counter-Terrorism Financing, and Counter-Proliferation Financing Strategy 2023–2027, reaffirming the government’s commitment to securing financial integrity and national security, officials said.Since January 2025, the bureau has already recorded 28 instances in which undeclared foreign currency were seized by authorities.Commissioner Bienvenido Y.

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