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How much money am I allowed to bring (in chash or travellers)

How much money am I allowed to bring (in chash or travellers)

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Old Jan 5th 2005, 8:39 pm
  #1  
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Default 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.
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Old Jan 5th 2005, 8:45 pm
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Default 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.
cash 10.000 aussie dollar....not sure about TC
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Old Jan 5th 2005, 8:57 pm
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Default 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.
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Old Jan 5th 2005, 9:39 pm
  #4  
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Default 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.
I would not tell *anyone* what date/flight I am going on if I'm taking that much chash with me ...

But then I would'nt.

All the Best.
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Old Jan 7th 2005, 8:40 am
  #5  
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Default 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.
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