To whom do you declare you are taking more than US$10,000 out of the US?
#76
FlyerTalk Evangelist
Original Poster
Join Date: Jul 1999
Location: Over the Bay Bridge, CA
Programs: Jumbo mas
Posts: 38,599
And that is the story. Well, not completely, because I'm coming home with what I left with, which is good and bad.
#77
Join Date: Jun 2008
Location: St. Lucie West,FL/Las Vegas,NV
Posts: 277
There is so much incorrect infomation in this thread I do not know where to begin. I will address a few problems.
1.. IF you are carrying in excess of $10k into or out of the U.S.A and follow all the "rules" as stated in the U.S Title Codes etc.. You are legal. No grey area.
2.. IF you are not carrying in excess of $10k into or out of the U.S.A, then you don't have to do anything. No grey area.
3.. IF you are travelling domestically and are or are not carrying in excess of $10k then you do not have to do anything and are legal. No grey area.
4.. It is based on per person and not family or friends or whatever as far as the amount. Each person is a single entity for which the $10k rules apply. No grey area.
5.. All of this crap about multiple trips which add up to more than $10k or whatever is incorrect. I can make 1,000,000 trips a day into or out of the U.S.A and have $9,999 each time with no problems and fill out no paperwork. No grey area.
6.. I travel a lot because I am a Professional Poker Player and always have more than $10k in cash and not 1 time in any country on the planet have I had a problem. While travelling all over the planet I have never been asked anything except how much I had and what I did for a living. The most currency in $100 bills I have travelled with at any time was 4.408 pounds.
I am tired so that's it for now. Later.
1.. IF you are carrying in excess of $10k into or out of the U.S.A and follow all the "rules" as stated in the U.S Title Codes etc.. You are legal. No grey area.
2.. IF you are not carrying in excess of $10k into or out of the U.S.A, then you don't have to do anything. No grey area.
3.. IF you are travelling domestically and are or are not carrying in excess of $10k then you do not have to do anything and are legal. No grey area.
4.. It is based on per person and not family or friends or whatever as far as the amount. Each person is a single entity for which the $10k rules apply. No grey area.
5.. All of this crap about multiple trips which add up to more than $10k or whatever is incorrect. I can make 1,000,000 trips a day into or out of the U.S.A and have $9,999 each time with no problems and fill out no paperwork. No grey area.
6.. I travel a lot because I am a Professional Poker Player and always have more than $10k in cash and not 1 time in any country on the planet have I had a problem. While travelling all over the planet I have never been asked anything except how much I had and what I did for a living. The most currency in $100 bills I have travelled with at any time was 4.408 pounds.
I am tired so that's it for now. Later.
#78
Join Date: Sep 2009
Posts: 1
So I don't see an answer to one of the original questions.
You are returning to the States and you have checked off that you have more than $10000 on your customs form. You have the form FinCEN 105 in your pocket.
You give the customs form to customs; they see that the box is checked "yes". Then what happens? Do the customs people ask for you to give them the form? And what kind of questions do they ask? Do they hassle you?
Thanks
You are returning to the States and you have checked off that you have more than $10000 on your customs form. You have the form FinCEN 105 in your pocket.
You give the customs form to customs; they see that the box is checked "yes". Then what happens? Do the customs people ask for you to give them the form? And what kind of questions do they ask? Do they hassle you?
Thanks
#79
Join Date: Mar 2004
Location: MSY
Programs: NW Gold and now Delta Gold
Posts: 3,072
There's no grey area here, all right. That's a violation of the USA federal money laundering act of 1986. It's called smurfing or structuring. You are structuring your transactions to avoid filling out the form. And it's illegal. There's no grey area. If you have ever done this, you violated USA federal law. Stop doing it. And talk to an attorney who actually knows something about federal law before you get yourself or other people put in federal prison. Because of truth in sentencing, you can't even get parole/early release from federal prison.
Just fill out the durn form. Is it really so hard to be honest? There is no reason for a poker player to conceal his identity. You are breaking the law for no benefit to yourself whatsoever. At least the blackjack player who is banned around the world has an excuse for wanting to avoid a paper trail. You've got nothing.
Just fill out the durn form. Is it really so hard to be honest? There is no reason for a poker player to conceal his identity. You are breaking the law for no benefit to yourself whatsoever. At least the blackjack player who is banned around the world has an excuse for wanting to avoid a paper trail. You've got nothing.
#80
Join Date: Mar 2004
Location: MSY
Programs: NW Gold and now Delta Gold
Posts: 3,072
They don't hassle you for properly reporting the money. Depending on the amount of money, they may count the money themselves to verify that you put the correct amount. This happened at DTW, the amount was about $100K in combined US and UK currency. Don't get excited, we don't play blackjack any more so don't look for any more exciting adventures involving large sums of cash!
So I don't see an answer to one of the original questions.
You are returning to the States and you have checked off that you have more than $10000 on your customs form. You have the form FinCEN 105 in your pocket.
You give the customs form to customs; they see that the box is checked "yes". Then what happens? Do the customs people ask for you to give them the form? And what kind of questions do they ask? Do they hassle you?
Thanks
You are returning to the States and you have checked off that you have more than $10000 on your customs form. You have the form FinCEN 105 in your pocket.
You give the customs form to customs; they see that the box is checked "yes". Then what happens? Do the customs people ask for you to give them the form? And what kind of questions do they ask? Do they hassle you?
Thanks
#81
Join Date: Feb 2009
Location: SEA
Programs: Alaska MVPG 100K, IHG Ambassador, Hilton Diamond, Hyatt Globalist, Marriott Titanium
Posts: 1,704
So I don't see an answer to one of the original questions.
You are returning to the States and you have checked off that you have more than $10000 on your customs form. You have the form FinCEN 105 in your pocket.
You give the customs form to customs; they see that the box is checked "yes". Then what happens? Do the customs people ask for you to give them the form? And what kind of questions do they ask? Do they hassle you?
Thanks
You are returning to the States and you have checked off that you have more than $10000 on your customs form. You have the form FinCEN 105 in your pocket.
You give the customs form to customs; they see that the box is checked "yes". Then what happens? Do the customs people ask for you to give them the form? And what kind of questions do they ask? Do they hassle you?
Thanks
Last time when I came in through SFO with over $10K, it took only a few minutes to get through the declared line. When I looked back, there was a huge line over at the green area and a lot of people were waiting for x-rayed. I didn't even have to go through x-ray when my declaration was completed. It took less time to go through the red area than the green area.
#82
Join Date: Sep 2008
Posts: 11
Airport procedures
Which makes me think back to the last few airports I've travelled through, both the red and green customs channels have been perfectly unstaffed! Admitedly they were not US destinations, but still, you just walk right through.
#83
FlyerTalk Evangelist
Join Date: Jun 2005
Posts: 38,410
Yeah. Shanghai, China: My wife set off the radiation detector (residue from a nuclear test) in the green line--and nobody responded!
#84
Join Date: Oct 2009
Location: ATL
Posts: 240
The tin foil people probably aren't worried, because there is nothing illegal or wrong with transporting over $10,000 worth of monetary instruments given the freedom of money. One is obligated only to report the fact for tax purposes. If you want, you can probably carry $100,000,000 in cash with you, as long as you file the form; you'd be an idiot, but you'd be an honest idiot.
#85
Join Date: Dec 2001
Location: NYC
Programs: AA LT PLT, SPG Gold
Posts: 2,564
The tin foil people probably aren't worried, because there is nothing illegal or wrong with transporting over $10,000 worth of monetary instruments given the freedom of money. One is obligated only to report the fact for tax purposes. If you want, you can probably carry $100,000,000 in cash with you, as long as you file the form; you'd be an idiot, but you'd be an honest idiot.
#86
FlyerTalk Evangelist
Join Date: Jul 2003
Posts: 11,377
Unless you were into illegal activities why would you be an idiot for reporting the fact that you were carrying $99,990,000 more than the legal limit? If it's my money they can't take it away...unless I don't report it. Honestly I think you'd have to be an idiot NOT to report it.
#87
FlyerTalk Evangelist
Join Date: Jun 2004
Location: MSP
Programs: DL PM, MM, NR; HH Diamond, Bonvoy LT Gold, Hyatt Explorist, IHG Diamond, others
Posts: 12,159
Unless you were into illegal activities why would you be an idiot for reporting the fact that you were carrying $99,990,000 more than the legal limit? If it's my money they can't take it away...unless I don't report it. Honestly I think you'd have to be an idiot NOT to report it.
#88
FlyerTalk Evangelist
Join Date: Jun 2004
Location: MSP
Programs: DL PM, MM, NR; HH Diamond, Bonvoy LT Gold, Hyatt Explorist, IHG Diamond, others
Posts: 12,159
#89
Join Date: May 2004
Programs: BA blue, LH Senator, KQ (FB) gold
Posts: 8,215
*edited to add - Research shows that there is a 10000 Singapore dollar note worth in excess of 7000 USD at current exchange rates - don't know if this is widely circulated though.
Last edited by You want to go where?; Oct 7, 2009 at 7:28 am