February 7, 2003

BSP CIRCULAR LETTER

TO : All Authorized Agent Banks (AABs) and Their Subsidiary/Affiliate Forex Corporations

This is to remind all concerned that sales of foreign exchange are subject to the documentary requirements under the attached Circular Letters dated August 9, 2001 and January 24, 2002.

Violations of the aforesaid Circular Letters will be dealt with accordingly.

(SGD.) ALBERTO V. REYES
Officer In-Charge

August 9, 2001

BSP CIRCULAR LETTER

TO : All Authorized Agent Banks (AABs) and their Subsidiaries/Affiliate Forex Corporations

Attached, for your guidance, is the list of minimum documentary requirements that AABs and/or their subsidiary/affiliate forex corporations shall require from residents purchasing foreign exchange for non-trade purposes. ITSacC

This Circular-Letter serves to clarify Section 2 of Circular No. 1389 s. 1995, as amended.

(SGD.) ALBERTO V. REYES
Deputy Governor

MINIMUM DOCUMENTATION REQUIREMENTS FOR THE SALE OF FX FOR NON-TRADE PURPOSES

Purpose
Documents Required
1)Travel Funds (Only for permanent1.Applicant's passport
residents of the Philippines2.Passenger ticket
2)Educational Expenses/Student1.Statement of enrollment or
Maintenance acceptance by the school abroad
showing that the student...

AIC Grande Tower Garnet Road
Ortigas Center, Pasig City
Metro Manila Philippines

Mobile No. +639451244898
digestph@gmail.com
Please read our FAQ before contacting us.