Why does Philippines want a person to declare bringing in more than 50,000 in Philippines Currency

[MarJhi 964]

13 minutes ago, flicks1998 said:

Normally money changers do not require all of the serial numbers to be written down, however the money changer at SM Hypermart is run by BDO, so they generally want all of the numbers written down to exchange money. 

Well it's no big deal to me because typically I was only exchanging around $500, $400 of which was 100 dollar bills, so writing down 4 serial numbers wasn't much of a chore. The smaller bills ($20 and below) they didn't ask me to write down the serial numbers. Now if I was exchanging 50 large bills that would be annoying to write it all down, but 4 was nothing to stress about.

[Palawan 131]

25 minutes ago, MarJhi said:

Well, you not hearing of it doesn't mean it isn't done. What is the big deal about writing down a few serial numbers? It was in SM Hypermarket at MOA, tons of security around, seems harmless to me. Relax, you seem very stressed about this.

 

Also, my fiance, her sister and her coworkers at the day spa in the mall occasionally get tipped in foreign currencies, even US $1 bills, and she says it is silly to think they can't get that exchanged, so I'll take her word for it. And by the way, she doesn't change one bill at a time, she waits until she has a certain amount collected  and then exchanges it all at once. 

I said it was stupid to have to write down the serial #, I for one would never do that, if you are foolish enough to do all that nonsense then I don't know what to say.  If I was asked or requested to write down the serial # I would tell them to pound sand and move on to a place easier to deal with.

[Palawan 131]

1 hour ago, flicks1998 said:

Normally money changers do not require all of the serial numbers to be written down, however the money changer at SM Hypermart is run by BDO, so they generally want all of the numbers written down to exchange money.  This isnt always the case, but most times.  Normally, if I have to write the numbers down at BDO in Hyper, I just make some numbers up or write really fast, and sloppy.

 

Thats hillarous you just make up some serial #'s, that made me laugh out loud. 

 

My nephew moved over there a few years ago, he made up a PWD card from his driver license to look like PWD card issued over there.  He made me one last trip the thing is great, you can move to the head of line and get like 20% off food and other stuff.  

[MarJhi 964]

53 minutes ago, Palawan said:

I said it was stupid to have to write down the serial #, I for one would never do that, if you are foolish enough to do all that nonsense then I don't know what to say.  If I was asked or requested to write down the serial # I would tell them to pound sand and move on to a place easier to deal with.

I think calling someone "foolish" because you have a differing opinion is a little inappropriate. Try to relax and have a better day, you sound so angry all of the time.

[Talako 786]

12 hours ago, Palawan said:

My nephew moved over there a few years ago, he made up a PWD card from his driver license to look like PWD card issued over there.  He made me one last trip the thing is great, you can move to the head of line and get like 20% off food and other stuff.  

What is your disability?

 

Pretending to be disabled in a third country for discounts and benefits is much sadder than making up numerous alias on a Visa site.

[MarJhi 964]

4 minutes ago, Talako said:

What is your disability?

 

Pretending to be disabled in a third country for discounts and benefits is much sadder than making up numerous alias on a Visa site.

It's despicable