Non Tariff Measures


Import Clearance to bring in blank coins of various materials

ATR Reference:
UN Code: M
NTM Type: Government Procurement Restrictions

Issuing Agency

Department of Finance
  • Mabini St, Malate, Manila, 1004 Metro Manila
  • 87087701
  • 87087209
  • bspmail@bsp.gov.ph
  • http://www.bsp.gov.ph

Information

The agencies that bringing in blank coins need to obtain a clearance to import coin blanks from the Mint and Refinery Operation Department (MROD)

The importation of gold in any form is allowed without restriction except for
(a) coin blanks, essentially of gold, which requires prior BSP approval; and
(b) any article manufactured in whole or in part of gold, the stamps, brand or marks of which do not indicate the actual fineness of gold quality, which is
prohibited.

The export of gold in any form is likewise allowed except for gold from small-scale mining, including panned gold, which is required to be sold to the
BSP Foreign Exchange Regulations

December 2016
International Operations Department 4
BSP pursuant to Republic Act No. 7076 (People’s Small-Scale Mining Act of 1991) dated 27 June 1991.

Governing Law: BSP Manual of Regulations on Foreign Exchange Transactions:
Applicable Section: Section 4 Appendix 2

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