Thread: Moving Dollar$
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Old 11-19-2008, 03:51 AM
derivative_guru derivative_guru is offline
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Gorbana,

Check your US bank's exchange rates/fees on the ATM transactions in the Philippines. If you get a good exchange rate, you can up the limits on the size of ATM transactions and use multiple ATM cards. Most will allow $1,000 per day upon request. It may take several days of cashing up at the ATM but you can get P1 million before too long especially if you are drawing from a few different accounts.

Also, you can carry up to $10,000 US cash or Traveler's Checks on your person without need to make a Customs' declaration.
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