7 ms·
That’s a lot of cash to travel with.
by blisterpeanuts 4y ago
That’s a lot of cash to travel with.
- 988747 4y agoYep, I would never carry this much on me. In most countries you need to declare such amount when crossing the border, and explain why you have it. And of course in the US any cop on the street can just take it from you, with no recourse. I would carry 500-1000 USD at most.
- weberer 4y agoThere is recourse. The USA has due process.
- 988747 4y agoOne thing about civil asset forfeiture is that it is an action against the property, not the person. So, the cash itself is a "suspect" not you. You can't even file a complaint, because you are not a party to the whole case.
- deleted 4y ago[deleted]
- lambertsimnel 4y agoExactly. Airports in the European Union have signs warning passengers about such rules for carrying large sums of cash. When carrying €10,000 or more into or out of the European Union, you must complete a cash declaration. In practice, I'd feel uncomfortable carrying more than I'd be happy to count while hurrying for a plane, especially if the value were close to the limit and in a currency other than Euros. (Other currencies are explicitly included in the EU rules, which makes sense, not least because some EU member states use other currencies instead of Euros.) I don't know whether you can complete a cash declaration in case the exchange rate changes such that the value of your cash crosses the threshold, but if you can't then maybe carrying cash close to the limit would attract a lot of attention from customs or airport security (because it might look like you're violating the rules until the cash had been counted and the interest rate checked).
- xiphias2 4y ago,,When carrying €10,000 or more'' This is not true, you can carry 10000 EUR without declaration, you just neet to declare if you carry more (I look at the regulation and of course eurusd before I start my travel for winter).
- lambertsimnel 4y agoI stand corrected. Weirdly, the European Union website (which I didn't read carefully enough earlier) contradicts itself on that point: "Entering or leaving the EU after 3 June 2021 with cash or certain valuable items worth over EUR 10 000? ... "all travellers entering or leaving EU territory are already obliged to complete a cash declaration when carrying EUR 10 000 or more" https://taxation-customs.ec.europa.eu/customs-4/prohibitions-and-restrictions/eu-cash-controls_en https://taxation-customs.ec.europa.eu/customs-4/prohibitions...
- xiphias2 4y agoSure, I use fake suncream holder to hold the cash, and it's the limit that doesn't need to be declared on the border. I'm of course not the average traveler, most people stay in long term stays who go for long travels.