Bureau of Customs Warns of Fake Cash Bond Requirement for New Importers

·

The Bureau of Customs (BOC) in Manila has issued a stern warning to the public about a fraudulent memo that falsely claims a mandatory cash bond is required for new importers. The BOC clarified that no such directive was issued by the Commissioner’s Office, with the alleged memo dated November 21, 2024, being completely fabricated. The agency emphasized that the information in the fake document does not align with any of its policies or practices. The BOC described the creation of this false document as a malicious effort to deceive the public and compromise the integrity of its operations, potentially facilitating scams against unsuspecting stakeholders. The BOC is committed to a thorough investigation to uncover those responsible and has promised to take legal action against the perpetrators. The public and stakeholders are advised to remain vigilant and to confirm the authenticity of any BOC communications or policies through official channels. All official BOC policies are available on their website, customs.gov.ph. For any inquiries or to report suspicious documents, the BOC can be reached at their hotline (02) 8705-6000 or via email at [email protected].