foreign currency question
Jun 28, 2009, 12:42 am
#1
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foreign currency question
I know that it is lawful to take out $10000 USD from the USA. However, I want to know how much, for example, EURO one can take out FROM THE USA. Is this on top of the $10000 USD or otherwise.
thanks
thanks
Jun 28, 2009, 12:45 am
#3
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I believe it 10k in USD value. So, you'd have to know the current exchange rate to correctly judge this. If you're not sure, I'd certainly declare it.
Jun 28, 2009, 1:04 am
#4
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You can take any amount of money you wish out of the USA. It doesn't matter what the currency form is nor what type of monetary instrument (cash, checks, money orders, foreign currency).
If you are taking out or bring in more than $10,000 USD (or its foreign equivalent) you simply have to file FinCen Form 105 (Currency Reporting Form).
There is no restriction on how much you can transport (in USD or foreign currency or other monetary instruments), save the form.
If you are taking out or bring in more than $10,000 USD (or its foreign equivalent) you simply have to file FinCen Form 105 (Currency Reporting Form).
There is no restriction on how much you can transport (in USD or foreign currency or other monetary instruments), save the form.
Jun 28, 2009, 4:41 am
#5
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For Europe is it Euro 10K...?! or still USD...?
For Europe is it Euro 10K...?! or still USD...?
Jun 28, 2009, 6:55 am
#7
Join Date: Mar 2007
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In any case, for many countries which joined the EU thing, the limit for import/export of cash is 10,000 euros without declaring it. You can bring a billion in or out if you have it and you want to, as long as you declare it.
Jun 28, 2009, 6:58 am
#8
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There is no limit, it's unlimited. However $10K USD or equivalent is the max without reporting it, the currency doesn't matter.
Jun 28, 2009, 9:08 am
#9
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The 500 EUR note makes it much easier to illegally transport currencies between nations, including to/from the US. With the exchange rate, the notes are worth a bit over $700 USD as of today. Why carry 7 $100 USD notes when you can carry one 500 EUR note?
Hope no one minds the image - just including it for those unfamiliar with the look of Euro notes.
Last edited by SDF_Traveler; Jun 28, 2009 at 9:13 am
Jun 28, 2009, 9:08 am
#10
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The forms for the US are here:
http://www.fincen.gov/forms/files/fin105_cmir.pdf
The limit is $10k or equivelant.
All you have to do is declare the money. However the same goes for the country of destination (most likely). All of Europe (fbtr from the North pole to Malta and from Greenland to Moscow) has the same requirement. Switzerland however being the exception.
However, our fiends at the TSA are going to make your life miserable if they find out. They classify large amounts of cash as being suspect. And their definition of large is way below $10k
Hey, somebody should try an bring through 100 million in whatever currency where that is $100 and see what the TSA says
http://www.fincen.gov/forms/files/fin105_cmir.pdf
The limit is $10k or equivelant.
All you have to do is declare the money. However the same goes for the country of destination (most likely). All of Europe (fbtr from the North pole to Malta and from Greenland to Moscow) has the same requirement. Switzerland however being the exception.
However, our fiends at the TSA are going to make your life miserable if they find out. They classify large amounts of cash as being suspect. And their definition of large is way below $10k
Hey, somebody should try an bring through 100 million in whatever currency where that is $100 and see what the TSA says
Jun 28, 2009, 9:10 am
#11
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The forms for the US are here:
http://www.fincen.gov/forms/files/fin105_cmir.pdf
The limit is $10k or equivelant.
All you have to do is declare the money. However the same goes for the country of destination (most likely). All of Europe (fbtr) from the North pole to Malta and from Greenland to Moscow) has the same requirement. Switzerland however being the exception.
However, our fiends at the TSA are going to make your life miserable if they find out. They classify large amounts of cash as being suspect. And their definition of large is way below $10k
Hey, somebody should try an bring through 100 million in whatever currency where that is $100 and see what the TSA says
http://www.fincen.gov/forms/files/fin105_cmir.pdf
The limit is $10k or equivelant.
All you have to do is declare the money. However the same goes for the country of destination (most likely). All of Europe (fbtr) from the North pole to Malta and from Greenland to Moscow) has the same requirement. Switzerland however being the exception.
However, our fiends at the TSA are going to make your life miserable if they find out. They classify large amounts of cash as being suspect. And their definition of large is way below $10k
Hey, somebody should try an bring through 100 million in whatever currency where that is $100 and see what the TSA says
Jun 28, 2009, 10:24 am
#12
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Jun 28, 2009, 10:34 am
#13
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I've used a 500 euro note before (in Italy), it's quite fun looking at the reaction of the cashier. They really touch it for like 10 seconds before accepting it, and take a good look at you in the eyes.. lol
Jun 28, 2009, 10:41 am
#14
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Jun 28, 2009, 10:42 am
#15
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You can take any amount of money you wish out of the USA. It doesn't matter what the currency form is nor what type of monetary instrument (cash, checks, money orders, foreign currency).
If you are taking out or bring in more than $10,000 USD (or its foreign equivalent) you simply have to file FinCen Form 105 (Currency Reporting Form).
There is no restriction on how much you can transport (in USD or foreign currency or other monetary instruments), save the form.
If you are taking out or bring in more than $10,000 USD (or its foreign equivalent) you simply have to file FinCen Form 105 (Currency Reporting Form).
There is no restriction on how much you can transport (in USD or foreign currency or other monetary instruments), save the form.
.now, under no circumstances do you offer, volunteer or otherwise provide any information to the tsa about the currency you are transporting as it is not their job to pursue anything along those lines. i don't care what the tsa says bout their sop says or the tso tells you-they are wrong and in violation of the law. it is simply mission creep as you deal with cpb when transporting currency in amounts greater than $10k u.s (see the instructions section of fincen form 105