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Subjects>Law & Government>Law & Legal Issues

Is it legal to send one hundred thousand dollars to the Philippines without getting into trouble?

Updated: 10/24/2023

Wiki User

∙ 12y ago

Best Answer

I would consult with your bank, how best to transfer it, and what paperwork will have to be completed to satisfy legal requirements. For large sums, banks have to do some controls, due to laws about money laundering.

Wiki User

∙ 12y ago

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∙ 6mo ago

I am not a lawyer, but generally, sending large amounts of money internationally is not illegal. However, there may be regulations and reporting requirements that you need to fulfill, such as filing the appropriate documentation with your bank or financial institution to comply with anti-money laundering laws. It is advisable to consult with a legal or financial professional to ensure you understand and follow the necessary procedures.

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Related questions

What is 25 percent of 7 hundred thousand dollars?

25% of 7 = 1.7525% of 7 hundred thousand dollars = 1.75 hundred thousand dollars = $175,000.00

How many 10 dollars are in 100 hundred thousand dollars?

10 hundred thousand (or a million) dollars.

What is fifty percent of two hundred thousand dollars?

One hundred thousand dollars.

What is One hundred thousand pounds in Australian dollars?

Two Hundred Thousand Dollars

What is two percent out of one hundred thousand dollars?

Two percent out of one hundred thousand dollars is two thousand dollars.

In words twelve thousand five hundred dollars?

Twelve thousand five hundred dollars = $12,500

What is the abbreviation for three hundred thousand dollars?

An abbreviation for three hundred thousand dollars is 300K.

What is thirty percent of seven hundred and fifty thousand dollars?

The answer is Two hundred and ten thousand dollars.

How do you write a check for three thousand three hundred dollars?

Three thousand three hundred and 00/100 dollars

How do you write 7500 dollars?

Seventy five hundred dollarsORSeven thousand, five hundred dollars

How do you spell 281 dollars?

Two hundred eighty one dollars.

Write two million five hundred thousand dollars?

two million five hundred thousand dollars

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