What is the legal amount of physical cash we can bring back into England?
Jun 6th 2017, 4:19 pm
#1
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Joined: Jun 2017
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What is the legal amount of physical cash we can bring back into England?
Hi
Myself and my wife are thinking of moving back to England from Canada. We have some savings here whilst we have been working, instead of transferring all the money into our U.K. Bank account via the bank or online currency FX sites, I want to take back a lump sum as cash .. approx $10,000 - $15,000.
What is the legal amount of physical cash we can bring back into England?
Myself and my wife are thinking of moving back to England from Canada. We have some savings here whilst we have been working, instead of transferring all the money into our U.K. Bank account via the bank or online currency FX sites, I want to take back a lump sum as cash .. approx $10,000 - $15,000.
What is the legal amount of physical cash we can bring back into England?
Jun 6th 2017, 4:25 pm
#2
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Joined: Aug 2013
Location: Athens GA
Posts: 2,134
Re: What is the legal amount of physical cash we can bring back into England?
Hi
Myself and my wife are thinking of moving back to England from Canada. We have some savings here whilst we have been working, instead of transferring all the money into our U.K. Bank account via the bank or online currency FX sites, I want to take back a lump sum as cash .. approx $10,000 - $15,000.
What is the legal amount of physical cash we can bring back into England?
Myself and my wife are thinking of moving back to England from Canada. We have some savings here whilst we have been working, instead of transferring all the money into our U.K. Bank account via the bank or online currency FX sites, I want to take back a lump sum as cash .. approx $10,000 - $15,000.
What is the legal amount of physical cash we can bring back into England?
https://www.gov.uk/bringing-cash-into-uk
Why would you want to physically carry that amount of cash with the risks involved?
Jun 6th 2017, 4:28 pm
#3
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Re: What is the legal amount of physical cash we can bring back into England?
Thanks
Jun 6th 2017, 4:41 pm
#4
Austin. TX.
Joined: Sep 2013
Posts: 5,930
Re: What is the legal amount of physical cash we can bring back into England?
Seriously, a simple Google gives you the answer:
https://www.gov.uk/bringing-cash-into-uk
Why would you want to physically carry that amount of cash with the risks involved?
https://www.gov.uk/bringing-cash-into-uk
Why would you want to physically carry that amount of cash with the risks involved?
So be prepared to show where the money came from. Sale of house? they'll want to see the documents and the paper trail of the sale and progress of the money into your bank account.
Sale of shares/investments? the same
long term savings? Bring every bank statement showing the accumulation of the money.
What about exiting Canada? Restrictions there?
Jun 7th 2017, 12:54 pm
#6
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Re: What is the legal amount of physical cash we can bring back into England?
Hi
Myself and my wife are thinking of moving back to England from Canada. We have some savings here whilst we have been working, instead of transferring all the money into our U.K. Bank account via the bank or online currency FX sites, I want to take back a lump sum as cash .. approx $10,000 - $15,000.
What is the legal amount of physical cash we can bring back into England?
Myself and my wife are thinking of moving back to England from Canada. We have some savings here whilst we have been working, instead of transferring all the money into our U.K. Bank account via the bank or online currency FX sites, I want to take back a lump sum as cash .. approx $10,000 - $15,000.
What is the legal amount of physical cash we can bring back into England?
You can go to TransferWise and easily see how much you will get on a transfer of such an amount. You may be surprised at how good it is compared to converting cash once you arrive.
Jun 8th 2017, 6:12 am
#7
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Joined: May 2017
Posts: 77
Re: What is the legal amount of physical cash we can bring back into England?
Vietnam doesn't allow bank transfers abroad (I can use my Viet cards to withdraw cash at ATM's in UK but this will cost a fortune.) so the only choice once I sell my apartment is to bring cash over to the UK and declare it, and produce documentation of the sale right?
Jun 8th 2017, 7:13 am
#8
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Re: What is the legal amount of physical cash we can bring back into England?
Gotcha, and as you say, bring documents to prove where the cash came from.
Jun 8th 2017, 7:26 am
#9
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Location: SW Ontario
Posts: 19,879
Re: What is the legal amount of physical cash we can bring back into England?
And make sure you declare it! 
Jun 8th 2017, 12:24 pm
#10
womble
Joined: Sep 2005
Posts: 2,675
Re: What is the legal amount of physical cash we can bring back into England?
Then use global transfer of gbp in Vietnam to gbp in Uk
We have the same issue in Malaysia and this is our legal workaround.
Jun 10th 2017, 3:30 am
#11
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Joined: May 2017
Posts: 77
Re: What is the legal amount of physical cash we can bring back into England?
You can't do that in Vietnam as far as I've been told. International transfers are not allowed.
Jun 10th 2017, 3:51 am
#12
Austin. TX.
Joined: Sep 2013
Posts: 5,930
Re: What is the legal amount of physical cash we can bring back into England?
Do you know if there are limits on what you can physically carry out with you?
Jun 10th 2017, 4:23 am
#13
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Posts: 77
Re: What is the legal amount of physical cash we can bring back into England?
I guess I will just carry the surplus on my body.
Jun 10th 2017, 10:37 pm
#14
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Location: SW Ontario
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Re: What is the legal amount of physical cash we can bring back into England?
https://www.citibank.com.vn/english/...l_transfer.htm
Citi Global Transfer service lets you transfer money real-time from your Citibank account to other Citibank accounts or aboard. It is easier to use, faster and more cost effective than traditional Telegraphic Transfer (TT).
Eligible customer to open International USD Account for outbound transfer Citi Global Transfer:
- Foreigners living and/or working in Vietnam, age 18 and above.
-All account holders must be foreigner to open Joint International Account USD. Duo nationality with Vietnamese nationality is not allowed.
Citi Global Transfer service lets you transfer money real-time from your Citibank account to other Citibank accounts or aboard. It is easier to use, faster and more cost effective than traditional Telegraphic Transfer (TT).
Eligible customer to open International USD Account for outbound transfer Citi Global Transfer:
- Foreigners living and/or working in Vietnam, age 18 and above.
-All account holders must be foreigner to open Joint International Account USD. Duo nationality with Vietnamese nationality is not allowed.
This service is only applicable for existing foreign passport account holders.
Customer needs to open an USD International Account.
The payee will need to be added and activated before you can transfer funds to the payee account.
There's also some useful info in this post: https://www.linkedin.com/pulse/trans...matthew-lourey
Customer needs to open an USD International Account.
The payee will need to be added and activated before you can transfer funds to the payee account.
Last edited by Siouxie; Jun 10th 2017 at 10:43 pm.
Jun 10th 2017, 10:41 pm
#15
Austin. TX.
Joined: Sep 2013
Posts: 5,930
Re: What is the legal amount of physical cash we can bring back into England?
oh this reminds me...
I asked on an FB group about Vietnam and transferring money. They said you can do it if you have a work visa and you can show where the money came from and might need other documents, it might take a few days but your bank can then transfer the money.
I asked on an FB group about Vietnam and transferring money. They said you can do it if you have a work visa and you can show where the money came from and might need other documents, it might take a few days but your bank can then transfer the money.