How much money am I allowed to bring (in chash or travellers)
#1
Just Joined
Thread Starter
Joined: Jul 2003
Location: Brazil
Posts: 10
How much money am I allowed to bring (in chash or travellers)
Hello all,
Is there any restrictions about the amount that I can bring with me? I was thinking about to buy some traveller checks (AU$30k) and deposit them when I open the account. Will the bank accept that amout or there are some restrictions?
Sorry for so many questios....
BrazilianOZ.
Is there any restrictions about the amount that I can bring with me? I was thinking about to buy some traveller checks (AU$30k) and deposit them when I open the account. Will the bank accept that amout or there are some restrictions?
Sorry for so many questios....
BrazilianOZ.
#2
Re: How much money am I allowed to bring (in chash or travellers)
Originally Posted by BrazilianOZ
Hello all,
Is there any restrictions about the amount that I can bring with me? I was thinking about to buy some traveller checks (AU$30k) and deposit them when I open the account. Will the bank accept that amout or there are some restrictions?
Sorry for so many questios....
BrazilianOZ.
Is there any restrictions about the amount that I can bring with me? I was thinking about to buy some traveller checks (AU$30k) and deposit them when I open the account. Will the bank accept that amout or there are some restrictions?
Sorry for so many questios....
BrazilianOZ.
#3
Joined: Aug 2003
Posts: 11,149
Re: How much money am I allowed to bring (in chash or travellers)
Travellers cheques are unlimited however when cashed austrac will be notified. Austrac are also notified of telegraphic transfers over 10,000.
For cash you must declare amounts over 10,000.
Austrac are an agency which helps fight money laundering and tax evasion.
For cash you must declare amounts over 10,000.
Austrac are an agency which helps fight money laundering and tax evasion.
#4
I CU HACKN
Joined: Nov 2003
Posts: 139
Re: How much money am I allowed to bring (in chash or travellers)
Originally Posted by BrazilianOZ
Hello all,
Is there any restrictions about the amount that I can bring with me? I was thinking about to buy some traveller checks (AU$30k) and deposit them when I open the account. Will the bank accept that amout or there are some restrictions?
Sorry for so many questios....
BrazilianOZ.
Is there any restrictions about the amount that I can bring with me? I was thinking about to buy some traveller checks (AU$30k) and deposit them when I open the account. Will the bank accept that amout or there are some restrictions?
Sorry for so many questios....
BrazilianOZ.
But then I would'nt.
All the Best.
#5
BE Forum Addict
Joined: Jan 2003
Location: Brisbane
Posts: 1,576
Re: How much money am I allowed to bring (in chash or travellers)
I don't believe their is a limit for cash or TC.
BUT if the total is over $A10,000 you must declare it at Oz customs and fill in a form and then they let you through with the money.
BUT if the total is over $A10,000 you must declare it at Oz customs and fill in a form and then they let you through with the money.