barbiedoll

guys we are going to perth next week to validate our visa.How much cash can we bring in to OZ without having to declare it?I know it's summer now,is it very hot?

the troubadour

Think it is $10,000 max....No not hot considering time of year but very pleasant.(around 26 c)
But by next week who knows could well be up in the 30s.
Enjoy Perth and a good time of year to be here.

sue32

hi there, if i remember right its ten thousand au dollars actual cash, plus you may have credit cards etc, daughter in perth saying weather a bit funny this year, rained all last week, but then getting days at 30 odd degrees, so very mixed at mo, have a great time

pumpkin blossom

From watching boarder security, you can bring more that $10k in as long as you declare it. They did once show someone who was setting themselves up here and had more money and they said that was fine as they had declared it and they knew it was for setting themselves up not drugs money etc.
If you don't decare it though they can keep the whole lot (even the $10k).

Rossi

Can you bring me some too ???

Nix and Mike

Interesting.....what are the implications of "declaring it". Do you have to prove source of revenue (you would have to here) ?
Up to how much can you simply declare?

Nix

Pollyana

There's no limit, they will just make a note of what you bring - if you do it several times then flags might start being raised about the source of cash and why you are bringing so much in cash, rather than using banks etc.

ABCDiamond

Travellers cheques are safer than cash.

Currency
There is no limit to the amount of currency you can bring in or out of Australia.
However, you must declare amounts of A$10,000 or more in Australian currency or foreign equivalent.
If asked by Customs you must also fill in a Bearer Negotiable Instruments (BNI) form if you're carrying promissory notes, travellers cheques, personal cheques, money orders or postal orders.

http://www.customs.gov.au/site/page.cfm?u=4443

barbiedoll

Thanks for all your responses guys.cant wait to go

n_tunbridge

Hey, rather than start another new thread, I have a question which follows on very naturally from this one, WHICH IS: what is the most economical way of moving funds from the UK to Oz? I have an Oz passport and the sum will be under AUS$10,000. Bank transfers between my UK bank and the accounts of family members resident in Oz have incurred charges, which I'd like to avoid if at all possible, thanks, Nat

Pollyana

Have a look at www.tranzfers.com

n_tunbridge

Thanks Polyanna! If I may, a few further questions...? Have you or anyone you know used this company? Also, could I not just put all my funds in a traveller's cheque and pay it into a bank account at the other end? Thanking you again, Nat

CDM

We're planning on using HiFX to move money from the UK to Oz. You get a much better rate of exchange and there are no fees involved:

http://www.hifx.co.uk/personal/emigration/overview.aspx

- CDM

n_tunbridge

Thanks for the response CDM. Can I just confirm, do you know people who have actually used this service successfully?

CDM

Not personally, no, but I was pointed in their direction from other postsers here that claim to have had very good experiences with them.

When I contacted HiFX myself and spoke at length with them, I was very impressed by not only what they had to say but the way in which it was said. They weren't pushy at all. Indeed, the guy I spoke with positively urged me to shop around with their competitors to make sure I was getting the best rate possible.

As an added bonus, they referred me to Westpac for setting up my Oz bank account. As a referral from HiFX, Westpac waved the monthly maintenance fee on my account and removed the minimum deposit requirement.

- CDM