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?
-
5$12K cash? Do you need a lift from the airport? :)– DocCommented Sep 11, 2012 at 0:27
-
The US requires you to report it. They don't prohibit it, nor do they charge any fee.– Loren PechtelCommented Sep 12, 2012 at 22:26
-
There is no limit; you can carry as much as you are comfortable with. You just have to declare any amount above $10,000 and be able to justify the source and the reason you are carrying the cash.– Burhan KhalidCommented Dec 14, 2015 at 19:17
Add a comment
|
2 Answers
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
answered Sep 10, 2012 at 21:40
-
1FinCEN 105 is quite specific as to what is considered a "monetary instrument" and ordinary checks made out to a named recipient (and not endorsed) are excluded. Commented Dec 3, 2015 at 18:12
In addition to Heidel'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.
answered Sep 11, 2012 at 0:49
-
1I believe you've got this the wrong way around. The direction of travel is Canada -> US.– DocCommented Sep 11, 2012 at 4:44
-
1You're right, sorry. I'll leave the answer though, because a searcher might be interested in the other direction Commented Sep 11, 2012 at 20:00