BOC, AMLC, BSP inspect currencies at NAIA Terminal 1

Transcript

00:00The Bureau of Customs or BOC in collaboration with the Anti-Money Laundering Council or AMLAC and the Banko Sentral ng Pilipinas or BSP

00:09Conducted a joint inspection on currency declaration at the Ninoy Aquino International Airport or NAIA Terminal 1

00:16Two Korean nationals were apprehended for carrying undeclared 18 million Korean won

00:22equivalent to three million three hundred and eighty seven thousand four hundred seventy three pesos

00:28This marks the 83rd currency seizure by the BOC since the start of the year the BOC

00:35AMLAC and BSP has committed to ongoing joint inspections to enforce strict currency detection measures and

00:42ensure the security of financial transactions at all international airports and seaports