Currency Reporting Requirement

U.S. Customs and Border Protection (CBP) reminds travelers of the requirement to report currency amounts of $10,000 or more to CBP when traveling to or from the United States.

Individuals are permitted to carry any amount of currency or monetary instruments into or out of the United States; however, if the quantity is $10,000 or higher, they must formally report the currency to CBP. If travelers have someone else carry the currency or monetary instrument for them, they must file a currency report for the entire amount with CBP.  Failure to report may result in seizure of the currency and/or arrest.

“The easiest way for travelers to hold on to their currency is to truthfully report it all to a CBP officer,” said Robert Allen Smith, area port director for Nassau Preclearance.

CBP Preclearance operations allow for advance inspection of passengers and special coordination with law enforcement upon arrival in the United States. Through preclearance, the same immigration, customs and agriculture inspections of international air passengers performed on arrival in the United States are instead completed prior to departure at foreign airports.  Currently, preclearance operations exist at 15 foreign airports in six different countries, benefitting air passengers, airports and air carriers in the United States and abroad.