Advice please - best/cheapest way or place to get Pesos for Hong Kong dollars. Travelling to Philippines soon and need cash, lots of cash.
Thank you.
Advice please - best/cheapest way or place to get Pesos for Hong Kong dollars. Travelling to Philippines soon and need cash, lots of cash.
Thank you.
Worldwide House, Central.
Thanks for the heads up on the peso limit. Some quick research led me to this (apparently the limit is 50,000 pesos, or up to USD10,000 (or foreign currency equivalents) :
https://www.bsp.gov.ph/SitePages/Reg...x.aspx?TabId=3
To correct my mistake, if you are bringing in foreign currency over the limit you need to declare but if you are bringing in too much peso you need written permission from the Central Bank.
Don't know if Gcash has a limit? Quick and cheap but you might still fall foul of money laundering checks. 50k is fine, 100k they ask questions.