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Hi,
is there any special rule or procedure here in the US when bringing out money from US to Canada (more than $10,000)? I am thinking to close my bank account and bring the money as my proof of funds.
All i know is that I have to declare the money when I land to Canada. what about here in the US, is there any declaration that I need to make or any form that I need to fill up?
I will land via Airplane.
Thanks.
Rule is that when we take 10K or more in and out of the US /Canada you need to report it to the customs. When I went for PR confirmation, the Canadian Immigration officer mentioned this. He asked whether I reported this in US counter. I said I didn't know about this and while driving I didn't see any US outpost to report this.
SkilledPro said:
Hi,
is there any special rule or procedure here in the US when bringing out money from US to Canada (more than $10,000)? I am thinking to close my bank account and bring the money as my proof of funds.
All i know is that I have to declare the money when I land to Canada. what about here in the US, is there any declaration that I need to make or any form that I need to fill up?
I will land via Airplane.
Thanks.
Good question, been wondering as well. Pls look at these websites
http://www.fincen.gov/forms/files/fin105_cmir.pdf
http://www.cbp.gov/xp/cgov/travel/vacation/kbyg/money.xml
Let say if I am driving to Vancouver BC from the US side when I land, where do I report my US $ to on the US side?
I am confuse. From which counter (in US side) should I report the money I'm taking out of US for Canadian immigration? Are we talking about the Airline counter?
The money i'm brining to Canada are all hard earned money and I do not want to lose it due to ignorance of the law.
Thank you.
What i have read is that every US airport has a custom office, where we need to go and declare any amount more than $10000, which we are taking out of the country.
I would like to know if anyone has already gone through this process, and what all questions are asked by the US custom??
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