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Maximum amount of cash you can carry?

 
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eclectic



Joined: 09 Nov 2006
Posts: 1122

PostPosted: Mon Jan 18, 2010 1:39 am    Post subject: Maximum amount of cash you can carry? Reply with quote

Through airports as you meander your way through your ESL experience?
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runthegauntlet



Joined: 07 Nov 2009
Posts: 92
Location: the Southlands of Korea

PostPosted: Mon Jan 18, 2010 11:02 am    Post subject: Re: Maximum amount of cash you can carry? Reply with quote

eclectic wrote:
Through airports as you meander your way through your ESL experience?


As much as you want.

You have to declare if it's over 10,000 USD, though, and will probably have to provide documentation proving that it was legitimately collected. Pay stubs would suffice, I imagine.

Under 10k, though, and you breeze right through.
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eclectic



Joined: 09 Nov 2006
Posts: 1122

PostPosted: Mon Jan 18, 2010 3:56 pm    Post subject: Reply with quote

would the type of currency---US $s or Korean won---matter?
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runthegauntlet



Joined: 07 Nov 2009
Posts: 92
Location: the Southlands of Korea

PostPosted: Tue Jan 19, 2010 1:36 am    Post subject: Reply with quote

eclectic wrote:
would the type of currency---US $s or Korean won---matter?



It's the equivalent of 10k USD. That may vary for some countries, so certainly double check, but I've seen such a limit for the U.S. and quite a few other countries so I would assume it's fairly similar across the board.

Again, you can certainly carry more, but it should be declared.
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Hod



Joined: 28 Apr 2003
Posts: 1613
Location: Home

PostPosted: Tue Jan 19, 2010 7:07 pm    Post subject: Reply with quote

Not very helpful in the Asian section, but the �10K limit in Europe is strictly enforced if the trashy airport docu-soaps are to be believed.

There must be safer ways to get by than dragging around a bulging wad of cash. Wouldn�t opening a Citibank (or indeed any bank) account with an ATM card give you access to cash almost anywhere? The withdrawals might be pricey and the exchange rates baffling, but it beats losing the lot to a mugger/washing machine.

There are hundreds of other ways to avoid carrying cash, and I�m intrigued why people still walk around with pockets of wonga.
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gajackson1



Joined: 28 Jan 2008
Posts: 210

PostPosted: Sun Jan 24, 2010 2:04 am    Post subject: Reply with quote

Not sure about these days, but a handful of years ago, the standard way around that was getting low or mid-denom traveler's checks. Safer han cash, just about as useful. No worries if they are lost, ruined, stolen, etc.

A solid choice these days would be buying a handful of the pre-paid, top-it-off-as-you-go credit cards offered by most banks. My S&C one has a 4000 limit on it; most of them are in this range. No one raises an eyebrow at a few credit cards, and again - your money is safe if anything happens to them.

There is still something Johnny Dangerously cool about carrying around massive amounts of cash on tap - but not prudent, at all, in this day & age.
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Mr. English



Joined: 25 Nov 2009
Posts: 298
Location: Nakuru, Kenya

PostPosted: Thu Feb 04, 2010 11:01 am    Post subject: spread it around Reply with quote

I can tell you a story about that. Back in the 70s my father owned a lime/papaya plantation for a few years in Dominica, an island in the Caribbean. One fine day a local walked up and offered him $50,000 U.S. to buy the place. My father (he and I are both Americans) felt that he had a little more in the place than he wanted, and he was still a partner in a law office back in New Jersey, so he sold. They guy paid him with a stack of U.S. bills, from 100s to 1s. Shortly after he, my brother, and my sister were flying back to the states in his airplane (a twin engine that he used, among other things, to deliver the fruit to desert islands in the Caribbean; there was no market on Dominica for his produce). He passed a third of the stack to each of them, and told them to stuff it in their pockets. As they approached Miami the two of them, my brother and sister, sounded more and more nervous, so he finally told them to give him all of the money, and he stuffed his pockets full. He walked through customs first - no problem! They were both searched thoroughly.

If I can be so immodest, I have my father's wits, I am the oldest, and I have crossed borders with plenty of cash. Get yourself a big pair of boots.
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eclectic



Joined: 09 Nov 2006
Posts: 1122

PostPosted: Thu May 20, 2010 4:19 pm    Post subject: Reply with quote

Quote:
There are hundreds of other ways to avoid carrying cash, and I�m intrigued why people still walk around with pockets of wonga.


1 reason could be because Im Armenian! Boy do we love cash. Most of my Armenian relatives in New York and most of my Armenian friends just go cash city everytime. YOu can always count on them for straight up cash 24/7. Nothing sweeter. Seriously.
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tttompatz



Joined: 06 Mar 2010
Posts: 1951
Location: Talibon, Bohol, Philippines

PostPosted: Sat May 22, 2010 4:46 am    Post subject: Reply with quote

eclectic wrote:
would the type of currency---US $s or Korean won---matter?


Typically you can carry USD in amounts of up to US$10,000 with no paperwork.

In many countries there are much SMALLER limits for the local currency when crossing the border.

As an example, going into or out of the philippines you can only carry 10,000 pesos in local currency (about US$200) but can carry all the USD that you want (up to the standard $10,000) without extra paperwork.

Most countries in Asia impose similar limits on carrying THEIR currency across the borders but don't worry about USD (or Euros, etc).

..
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JLL



Joined: 18 May 2010
Posts: 36

PostPosted: Sat May 22, 2010 5:52 am    Post subject: Reply with quote

I've always wondered why customs people ask for such silly, apparently random things, and why anyone would be compelled to tell the truth if it just meant more hassle.

I flew into the US (where I live) today, and there was a poster in the Dallas airport warning against smuggling parrots. And there weren't many other posters either; apparently this parrot smuggling problem is high on the list for them.

Who the hell smuggles parrots?? In airline luggage? And if someone were bringing back $20,000 earned legally in an overseas job, why would they tell customs about it, knowing that they'll just create a bunch of nonsense for you to have to deal with?

Anyway those customs forms are always good for a laugh. "Q: Have you been handling livestock?" WTF?
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