Quote from: Bitkoyns on February 27, 2019, 12:53:52 PM

Quote from: Ipwich on February 27, 2019, 12:38:32 PM

Wrong, it's 500K php for one day and that is called covered transactions, AFAIK, AMLA reporting is for two types of transaction, there are covered transactions and suspicious transactions which irregardless of the amount.

Check this definition by BSP- http://www.bsp.gov.ph/regulations/laws_aml2003.asp

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"(b) 'Covered transaction' is a transaction in cash or other equivalent monetary instrument involving a total amount in excess of Five hundred thousand pesos (P500,000.00) within one (1) banking day."

so ayun 500k pala, pagkakaalam ko kasi 400k daily yung medyo mainit sa mata

Quote

"(b-1) 'Suspicious transaction' are transactions with covered institutions, regardless of the amounts involved, where any of the following circumstances exist:

noong nagtanongtanong ako sa bank 500k talaga tapos sabi sa akin kahit maliit daw na amount basta frequent pwede daw questionin..

based from experience tinanong pa rin ako ng banko sa cashout ko sa coins.ph, kasi nga substantial yung pumapasok sa account ko. yung coins.ph tatanongin ka rin..(400k daily)

kaya next time pag sinwerte sa crypto icacashout ko na sa bittrex papuntang USD bank account https://bitcointalk.org/index.php?topic=5108813.msg49699968#msg49699968
- mas maganda ang presyo ng BTC sa bittrex kaysa coins.ph
- may dollar ka na at isahang withdraw lang.
bakit ka magcacashout ng paunti unti na hanggang magmuka ka nang suspicious? isahan lang dapat, pag nagtanong, magpaliwanag ka, malinis naman di ba?

at pag kilala ka na as trader sa bank, makakagalaw ka ng maayos.

paano kung naibenta mo ang BTC mo sa peak at after 2 years pwede mong bilhin sa 1/8 na lang ng price na binenta mo? subukan mong gawin yan sa coins.ph hehe? mawawalan kayo ng oppurtunidad Wink