Looking to buy dollars? Landbank sells foreign currency without limit
Money

Looking to buy dollars? Landbank sells foreign currency without limit

Land Bank of the Philippines said it continues to sell foreign currency to clients who have a deposit account with them without any limitations.

In a statement sent to Bilyonaryo.com, LANDBANK said it has not imposed any new limit on the sale of foreign currency but noted that the buyer must present his or her passport, ticket and itinerary to show proof that the dollars would be used for travel purposes.

“LANDBANK continues to sell foreign currency to existing LANDBANK depositors without any limit per person.

The state-run bank said it also continues to sell currency to to non-LANDBANK depositors in foreign exchange booths and airport terminals where it requires the submission of the minimum documentary requirements specified by the Bangko Sentral ng Pilipinas (BSP) for foreign currency transactions above $500,000 or above $1 million for corporate customers.

 

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