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Showing posts with the label philippine peso

✝️ Jesus’ Body Found? Unraveling the Shocking Archaeological Discovery That Could Change Christianity Forever

In a discovery that could potentially rewrite religious history, a team of archaeologists claims they may have found the body of Jesus in a tomb just outside of Jerusalem. The implications of this finding are staggering, prompting theologians, historians, and scientists alike to re-examine long-held beliefs about the resurrection of Jesus , the cornerstone of Christian faith . 🏺 The Tomb Discovery: A Hidden Chamber Beneath the Old City The site, located beneath an unmarked stone structure buried deep under layers of sediment, was uncovered after a seven-year excavation project aimed at exploring lesser-known burial sites from the first century CE. According to the team’s preliminary report, the chamber contained a well-preserved ossuary— a limestone bone box —with an inscription that loosely translates to "Yeshua bar Yosef" ( Jesus son of Joseph ). While skeptics argue that the name was common during the time period, researchers point out a series of peculiar coinciden...

Travelling with Cash? Know the BSP's Currency Transfer Rules!

The Bangko Sentral ng Pilipinas (BSP) plays a crucial role in managing the flow of money in and out of the country. To ensure transparency and compliance, they've set regulations for carrying and transferring Philippine Peso (PHP) and foreign currencies. Here's a quick rundown of what you need to know: Philippine Peso (PHP): You can freely bring in or out of the Philippines, or electronically transfer, up to PHP50,000. Amounts exceeding PHP50,000 require prior written authorization from the BSP and a completed Currencies Declaration Form (CDF) if you're physically carrying the Philippine currency. Foreign Currencies: You can bring in or out of the Philippines up to USD10,000 (or its equivalent in other foreign currencies) without any declaration. If you're carrying more than USD10,000 worth of foreign currency, you'll need to declare the entire amount using the CDF. Staying Informed: For a deeper dive into the BSP's foreign exchange regulations, you can downlo...

BSP Guidelines on Cross-Border Currency Transfers

BSP Guidelines on Cross-Border Currency Transfers The Bangko Sentral ng Pilipinas (BSP) has issued clear guidelines to regulate cross-border transfers of local and foreign currencies. These rules aim to strike a balance between facilitating legitimate transactions and preventing illicit activities. Let’s delve into the specifics: 1. Transfer of Legal Tender Philippine Currency (PHP) Limit : Individuals are allowed to freely bring into or out of the Philippines, or electronically transfer, legal tender Philippine currency up to  PHP50,000 . Exceeding the Limit : Amounts exceeding the PHP50,000 limit require: Prior Authorization : Individuals must obtain prior written authorization from the BSP. Physical Transfer : In the case of physical cross-border transfer of Philippine currency, the entire amount brought into or out of the Philippines must be declared using the prescribed  Currencies Declaration Form (CDF) . 2. Transfer of Foreign Currency and Foreign Currency-Denominated I...