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Taking money out of the U.S. into Canada

Taking money out of the U.S. into Canada

Old Sep 30th 2003, 1:30 pm
  #1  
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Default Taking money out of the U.S. into Canada

Hello,

does anyone know what the restrictions are (as far as the U.S. Customs is concerned) about taking money out of the U.S. into Canada to satisfy Canada immigration requirements? Do you have to declare or show anything to the U.S. Customs when you exit the U.S. ?
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Old Sep 30th 2003, 3:09 pm
  #2  
Jim Humphries
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Default Re: Taking money out of the U.S. into Canada

No.
--
Jim Humphries, former visa officer
"nonong" <member@british_expats.com> wrote in message
news:[email protected]...
    > Hello,
    > does anyone know what the restrictions are (as far as the U.S. Customs
    > is concerned) about taking money out of the U.S. into Canada to satisfy
    > Canada immigration requirements? Do you have to declare or show
    > anything to the U.S. Customs when you exit the U.S. ?
    > --
    > Posted via http://britishexpats.com
 
Old Sep 30th 2003, 11:26 pm
  #3  
Stephen C. Gallagher
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Default Re: Taking money out of the U.S. into Canada

    > does anyone know what the restrictions are (as far as the U.S. Customs
    > is concerned) about taking money out of the U.S. into Canada to satisfy
    > Canada immigration requirements? Do you have to declare or show
    > anything to the U.S. Customs when you exit the U.S. ?

If you take more than US$10,000 in negotiable instruments
into or out of the US, in any single trip, then you must declare
that money to US Customs and file a US Treasury form.
It's not restricted to take this money in or out of the US,
but it must be declared.

Stephen Gallagher
 
Old Oct 1st 2003, 3:32 am
  #4  
Renee
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Default Re: Taking money out of the U.S. into Canada

Here's the link for the U.S. Customs form that you need to complete for
transferring $10,000 and over on any one trip.

http://www.customs.ustreas.gov/Image...df/v1/4790.pdf

Renee

--
Inland Spouse Timeline so far:
19 Feb 2003: Moved to Calgary from U.S. on 6 month TRV
12 May 2003: Did medicals in Calgary
20 June 2003: Applied for TRV extension
5 July 2003: Wedding Date
17 July 2003: CIC received inland spouse PR application
15 Aug 2003: Received 6 month TRV extension
20 Aug 2003: CIC request for work history dates (which were sent with
application)
21 Aug 2003: CIC received work history reply by overnight post
4 Sept 2003: CIC e-Client finally shows "in process"
"nonong" <member@british_expats.com> wrote in message
news:[email protected]...
    > Hello,
    > does anyone know what the restrictions are (as far as the U.S. Customs
    > is concerned) about taking money out of the U.S. into Canada to satisfy
    > Canada immigration requirements? Do you have to declare or show
    > anything to the U.S. Customs when you exit the U.S. ?
    > --
    > Posted via http://britishexpats.com
 
Old Oct 1st 2003, 3:49 am
  #5  
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Joined: Feb 2003
Posts: 117
nonong is an unknown quantity at this point
Default Taking money out of the U.S. into Canada

thanks, and I also found out that you only need to declare monetary instruments that are in bearer form, which means that you declare only monetary instruments in excess of US$10,000 that can be used by the bearer. If you ask your bank, for example, to issue you a cashiers' check in your name, then you do not need to declare it even if it is in excess of $10,000.
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Old Oct 1st 2003, 8:00 am
  #6  
Webcrawler
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Posts: n/a
Default Re: Taking money out of the U.S. into Canada

Stephen --

One question based on your response:

Do you need to declare even if you are carrying cash, traveller's
cheques or bank drafts?
Are those classified as negotiable instruments too?

Most immigrants going to land will be carrying that much first time.

Is there any repatriation fee charged by US customs?

Thanks.

"Stephen C. Gallagher" <[email protected]> wrote in message news:<[email protected] ble.rogers.com>...
    > > does anyone know what the restrictions are (as far as the U.S. Customs
    > > is concerned) about taking money out of the U.S. into Canada to satisfy
    > > Canada immigration requirements? Do you have to declare or show
    > > anything to the U.S. Customs when you exit the U.S. ?
    >
    > If you take more than US$10,000 in negotiable instruments
    > into or out of the US, in any single trip, then you must declare
    > that money to US Customs and file a US Treasury form.
    > It's not restricted to take this money in or out of the US,
    > but it must be declared.
    >
    > Stephen Gallagher
 

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