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corroonb
Joined: 04 Aug 2006
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Posted: Sun Nov 19, 2006 1:56 pm Post subject: Carrying cash to Korea? |
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Hi,
I intend to bring a least a grand in cash (Euros) into Korea and I have a few questions.
Is it legal to carry a lot of cash through international airports (over 1,000 Euro)?
Do officials get suspicious if they find you have a large amount of cash on your person?
Does anyone know what the situation in the European Union is in relation to transporting cash outside the union?
Should I get receipts from my bank? |
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SuperFly

Joined: 09 Jul 2003 Location: In the doghouse
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Posted: Sun Nov 19, 2006 2:02 pm Post subject: |
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corroonb
Joined: 04 Aug 2006
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Posted: Sun Nov 19, 2006 2:04 pm Post subject: |
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That isn't exactly helpful, I am going to carry it in something like that but I may have to take off the belt at the airport as this is a rule at Dublin airport.
Will I have trouble if they notice I'm carrying a grand or more in cash?
Last edited by corroonb on Sun Nov 19, 2006 2:06 pm; edited 1 time in total |
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Hosub
Joined: 17 Apr 2006
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Posted: Sun Nov 19, 2006 2:05 pm Post subject: |
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| I've brought in similar amounts from New York to Korea, and Korea to New York without a second thought. |
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corroonb
Joined: 04 Aug 2006
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Posted: Sun Nov 19, 2006 2:07 pm Post subject: |
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| Did you have to declare it or were you questioned about its origin? |
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ttompatz

Joined: 05 Sep 2005 Location: Kwangju, South Korea
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Posted: Sun Nov 19, 2006 2:21 pm Post subject: |
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| corroonb wrote: |
| Did you have to declare it or were you questioned about its origin? |
If you are carrying amounts UNDER US$10,000 or its equivalent there is NO problem and NO declaration.
Amounts OVER US$10,000 or equivalent in cash must be declared (simply sign a form). |
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corroonb
Joined: 04 Aug 2006
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Posted: Sun Nov 19, 2006 2:28 pm Post subject: |
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| Okay, thanks for all the answers, even the picture of the money belt. One less thing to worry about. |
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Green Tea

Joined: 04 Nov 2006
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Posted: Sun Nov 19, 2006 2:48 pm Post subject: |
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Should be no problem. 2 years ago I traveled from Canada to Moscow, Russia with $6500 cash in my pocket. I crossed 4 borders and customs never blinked an eye. You won't have any problems with 1000 Euros.
10,000 Dollars or Euros is the typical currency limit in most countries. But some places vary. Belarus for example, back 3 years ago, only allowed $1000 in and $1000 out. Meaning you could not leave the country with more than $1000 or they would seize it. |
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JZer
Joined: 13 Jan 2005 Location: South Korea
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Posted: Sun Nov 19, 2006 2:53 pm Post subject: |
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| Is it legal to carry a lot of cash through international airports (over 1,000 Euro)? |
The funny thing is that you think 1000 Euros is a lot of funny. Anyways, it is good to have some cash because outside of major cities it can be difficult to use a foreign debit card. If you are going to be living in Seoul just bring your debit card. |
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corroonb
Joined: 04 Aug 2006
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Posted: Sun Nov 19, 2006 3:09 pm Post subject: |
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| I don't think 1000 euro (there's no plural form) is a lot of money. I do think its a lot of cash. Usually I only carry around 200 - 300 euro, so to me 1 - 2,000 euro is a 'lot'. I guess I just don't buy expensive things. For someone fresh out of college, 2,000 euro is a lot. College is free in Ireland btw, paid by the government. |
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Green Tea

Joined: 04 Nov 2006
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Posted: Sun Nov 19, 2006 3:22 pm Post subject: |
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| corroonb wrote: |
| College is free in Ireland btw, paid by the government. |
Don't make me cry $6000 a year in Canada. |
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JZer
Joined: 13 Jan 2005 Location: South Korea
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Posted: Sun Nov 19, 2006 3:39 pm Post subject: |
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| If you go to an American private university you are looking at over $20,000 USD a year. |
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Green Tea

Joined: 04 Nov 2006
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Posted: Sun Nov 19, 2006 3:42 pm Post subject: |
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| JZer wrote: |
| If you go to an American private university you are looking at over $20,000 USD a year. |
Ya, Harvard, Yale and Princeton.
But if you get in there, you've either got a full scholarship or rich @$$ alumni parents to begin with. |
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JZer
Joined: 13 Jan 2005 Location: South Korea
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Posted: Sun Nov 19, 2006 4:04 pm Post subject: |
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Ya, Harvard, Yale and Princeton.
But if you get in there, you've either got a full scholarship or rich @$$ alumni parents to begin with. |
$20,000 won't be enough to go to Harvard these days. I think the cost is more like $30,000 and definitly it would cost you $30,000 with housing. |
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JZer
Joined: 13 Jan 2005 Location: South Korea
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