Mark Wadsworth: Pecunia non olet?

Tuesday, 8 March 2011

Anonymous said...: It's all a bit odd, isn't it? Do you really have to declare cash you bring into the US? We got rid of such requirements in the UK 30 years ago!; 8 March 2011 at 17:24
Anonymous said...: Just checked - you do have to declare any amount over 10,000 euros(!) on entering the UK.

But the potential penalty is only a fine, not imprisonment.; 8 March 2011 at 17:26
Derek said...: It's an international anti-money-laundering regulation which lots of countries have agreed on. The amount varies a bit from one country to another but it's usually around the 10,000 USD mark. They won't actually stop you taking more in. They just take a dim view if you don't declare it all. Particularly in the USA.; 8 March 2011 at 19:10
Mark Wadsworth said...: AC, as Don Rumsfeld said, there are too many things we don't know we don't know.

D: "It's an international anti-money-laundering regulation..."

But surely those notes will need to be given a good clean after being tucked into a granny's knickers for several hours?; 8 March 2011 at 19:20

Tuesday, 8 March 2011