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What amount of cash I can take with me when going from Canada to USA? I want to travel to US and want to take ~ 12000$ with me. DO I need to declare it and pay any fee?

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4  
$12K cash? Do you need a lift from the airport? :) –  Doc Sep 11 '12 at 0:27
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I will carry the bags for you @Vitality... –  MeNoTalk Sep 11 '12 at 0:33
    
The US requires you to report it. They don't prohibit it, nor do they charge any fee. –  Loren Pechtel Sep 12 '12 at 22:26

2 Answers 2

up vote 9 down vote accepted

Travelers leaving or entering the U.S. with more than $10,000 (in any form, that includes cash or checks) are required to declare it by filling out a Report of International Transportation of Currency or Monetary Instruments (FinCEN 105). This applies even if you are passing through the U.S. in transit to other countries.

Source: eHow

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In addition to HaLaBi's point that the US cares you are taking more than $10,000 out of the USA, Canada cares that you are bringing more than $10,000 in. The form you will fill out on arrival is at http://www.cbsa-asfc.gc.ca/publications/forms-formulaires/e311-eng.pdf and you can see they want to know if you have that amount of cash on you.

According to http://www.cbsa-asfc.gc.ca/security-securite/cbcr-dmte/menu-eng.html you don't have to pay any fee, and you are allowed to bring the money, but you MUST tell them about it. Just allow some time to have a conversation with the CBSA on arrival.

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I believe you've got this the wrong way around. The direction of travel is Canada -> US. –  Doc Sep 11 '12 at 4:44
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You're right, sorry. I'll leave the answer though, because a searcher might be interested in the other direction –  Kate Gregory Sep 11 '12 at 20:00

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