Declaring over $10,000 at customs
Nov 24, 2008 | 3:40 am
#16
In Memoriam, FlyerTalk Evangelist
Join Date: Jun 2000
Location: Benicia CA
Programs: Alaska MVP Gold 75K, AA 3.8MM, UA 1.1MM, enjoying the retired life
Posts: 31,849
My guess would be the dollars were bought back when the euro was at $1.60, making it a very good buy versus getting them at the current exchange rate of $1.25. I had friends in Australia do the same thing, though a lesser amount, when the Australian dollar was high against the U.S. dollar.
Nov 24, 2008 | 8:19 am
#17
Join Date: Oct 2004
Posts: 1,530
There is a considerable risk in not making the declaration.
Nov 24, 2008 | 9:38 am
#18
Suspended
Join Date: Jan 2002
Posts: 22,778
Hello,
I'm traveling to the U.S. in a couple of weeks and will be carrying close to $30,000 in cash with me. I'll be arriving to JFK via London Heathrow. I'm going to travel with my two brothers. The question is can we split the money amongst the three of us and not have to declare it? Or, is the form that we have to fill out per family? We're all going to enter using the same form. The last we came to the U.S. a couple of months ago, I had about $13,000 with me, but didn't declare it. I don't want to take any chances this time, though. Anyway, if we do declare it, will we get stopped and eventually questioned? If so, is it an easy process or am I going to get questioned over how I got the money, what I need it for, and so forth?
Thanks! Replies greatly appreciated.
- Jason
I'm traveling to the U.S. in a couple of weeks and will be carrying close to $30,000 in cash with me. I'll be arriving to JFK via London Heathrow. I'm going to travel with my two brothers. The question is can we split the money amongst the three of us and not have to declare it? Or, is the form that we have to fill out per family? We're all going to enter using the same form. The last we came to the U.S. a couple of months ago, I had about $13,000 with me, but didn't declare it. I don't want to take any chances this time, though. Anyway, if we do declare it, will we get stopped and eventually questioned? If so, is it an easy process or am I going to get questioned over how I got the money, what I need it for, and so forth?
Thanks! Replies greatly appreciated.
- Jason
It was a simple procdedure, nonetheless. No hassles of any kind.
Nov 24, 2008 | 10:48 am
#19
Join Date: May 2005
Location: various cities in the USofA: NYC, BWI, IAH, ORD, CVG, NYC
Programs: Former UA 1K, National Exec. Elite
Posts: 5,487
Make sure there are no coins or bills anywhere on your person. I would declare cash if it got anywhere near $10,000. I'd report $9000, just in case some Customs inspector decides to be a hard@ss and go through every pocket in my bags searching for cash, bearer instruments, etc.