deck

how much money (cash) are you allowed to bring in to the country when you land at the airport i cant seem to find out i would be grateful if anybody had any idea.THANK YOU.

dbd33

Any amount but there are reporting requirements if you have more than ten grand in cash.

deck

WOT DO YOU MEAN BY REPORTING.TO WHOME DO YOU REPORT

G77

You fill in a form on the plane, which you give to customs on arrival...

deck

what will happen then.

iaink

Nothing, but it prevents you being arrested for money laundering.

http://www.cbsa-asfc.gc.ca/security-.../menu-eng.html

deck

very funny once i report it do they let you take it in.

Bill_S

Yes, of course. If you're talking about a gigantic amount of money, then it would be safer to do an electronic transfer, but if you want to carry $100,000 in cash that's your business.

Auld Yin

"They" may want to know how you accumulated so much cash and well may hold it until you prove it was earned legitimately. That has happened in the past. Just how much cash are you planning to bring? If it's say $5k over the $10K limit you would probably get away with it but if it's $50k, then watch out.

deck

Thank you all for this info you have been very helpful:

deck

thanks for the link iaink everything clear now.

iaink

They have absolutely no legal basis to do that. Sounds like scare mongering to me.



If you are moving a large amount of cash a transfer is more secure, but you might well need a few grand for deposits and downpayments while the archaic canadian banking system gets around to releasing your electronically transfered funds. It can take a suprising and inconveniently long time for that to happen, especially as a new account holder.

G77

I brought in about $12k I think it was (cash and bankers drafts) - they didn't even bat an eyelid at that amount....

Mrs Jingles

"They" are the banks who have every right to, and will, freeze any bank account into which large amounts of money are deposited. Even if you were to walk into a bank today and deposit a much larger than usual amount of money, the teller is duty bound to report it to her superiors, and can lose her job if she doesn't. You, as the depositor, have an obligation to prove where those funds came from.

Auld Yin

They have absolutely no legal basis to do that.

Agree that I have no legal knowledge but there have been reported cases of people being stopped/retained at the border when trying to enter the country with large amount of money and no viable explanation as to its source. Police and border agents will always take the position that such excessive funds were earned illegally/no tax paid until proven otherwise. You can rest assured that if one arrives at the border and declares that $100k+ cash is being brought into the country, a simple carry-on wave should not be anticipated.