EMBASSY OF THE REPUBLIC
OF THE PHILIPPINES


SEOUL REPUBLIC OF KOREA

Announcements And Advisories

BANGKO SENTRAL NG PILIPINAS (BSP) ADVISORY ON THE CROSS BORDER TRANSFER OF LOCAL AND FOREIGN CURRENCIES


The Embassy of the Republic of the Philippines in Seoul informs Philippine residents and non-residents of the advisory issued by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) on 16 July 2018 regarding BSP regulations on the Cross-Border Transfer of Local and Foreign Currencies.

For local currency, any individual (either Philippine resident or non-resident) is allowed to bring into or take out of the Philippines up to PHP50,000 without prior written authorization from the BSP. In excess of this amount, prior BSP written authorization should be secured.
The BSP allows cross-border transfer of local currency in excess of the limit of PHP50,000 only for the following purposes:

1. For testing/ calibration of money counting/ sorting machines; and
2. For numismatics (collectors of currency)/ educational purposes

For foreign currency, there is no quantitative restriction as to the amount of foreign currency as well as other foreign currency-denominated bearer monetary instruments (such as travelers' checks, other checks, drafts, notes, money orders and bonds) that may be brought into or taken out of the Philippines.

However, if the amount exceeds US$10,000 or its equivalent in other foreign currency, this must be declared in writing (with information on the source and purpose of the transport of such currency or monetary instrument) using the Bureau of Customs' (BOC) prescribed Foreign Currency and Other Foreign Exchange-Denominated Bearer Monetary Instruments Declaration Form. The BOC declaration form is available at the BOC desk at the arrival/departure areas of all international airports and seaports in the Philippines. END

Other Announcements And Advisories


June 15, 2025
Special Vocal Workshop with the Nightingales, 22 June 2025 at the 2F Sentro Rizal, Philippine Embassy in Seoul

As part of the activities for Philippine Independence Month, the Philippine Embassy in Seoul in cooperation with the National Commission on Culture and the Arts (NCCA) invites interested individuals to a Special Vocal Workshop to be conducted by the renowned performing duo “The Nightingales” from the Philippines. The Nightingales are composed of Ms. Bernadette Mamauag and Ms. Katrina Marie Saga, who are members of the Philippine Madrigal Singers Company of Artists. The Nightingales have performed extensively in the Philippines and many other parts of the world with a varied repertoire ranging from classical, sacred, Filipino, contemporary and pop, and world music. The duo will be sharing vocal and performance techniques at this activity, further expanding the mission of the Philippine Madrigal Singers of a "Singing Philippines". See you there! 

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June 08, 2025
ANNOUNCEMENT ON THE NEW PHILIPPINE VISA POLICY FOR INDIAN NATIONALS

The Philippine Embassy in Seoul informs the public on the implementation of the following visa policies applicable to Indian nationals starting 08 June 2025:

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June 03, 2025
Livelihood Skills Trainings at Health & Wellness Programs, July-December 2025

Muling inaanyayahan ng Embahada, MWO, at OWWA, ang mga Filipino na nagtatrabaho at naninirahan sa South Korea na makilahok sa pagpapatuloy ng Livelihood Skills Trainings at Health & Wellness Programs simula buwan ng Hulyo taong 2025!

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