another POE question

[VisagirlNJ 0]

Why does immigration need to know if you're bringing over 10k. Fiance will be bringing about $15k with him. He's afraid they'll wnat to tax him or something. Does anyone know why one needs to declare anything over 10k?

Can he buy some kind of check or money order that can be cashed here so he doesn't have to have to much cash on him? He might also transfer the money to my account to make it easier but he s coming this week and he says there is a bank holiday this weekend.

Anyone bring over a lot of money as well?

[thesnowman 1]

Why does immigration need to know if you're bringing over 10k. Fiance will be bringing about $15k with him. He's afraid they'll wnat to tax him or something. Does anyone know why one needs to declare anything over 10k?

Can he buy some kind of check or money order that can be cashed here so he doesn't have to have to much cash on him? He might also transfer the money to my account to make it easier but he s coming this week and he says there is a bank holiday this weekend.

Anyone bring over a lot of money as well?

I was wondering this myself. I know the 10k limit applies to a visa waiver, does it also apply to entering on a visa. If so could you maybe western union some of the money to yourself.

[clloyd 0]

http://help.customs.gov/cgi-bin/customs.cf...li=&p_topview=1

It does not apply only to cash. Monitary instruments as well, meaning those cheques and money orders as well.

[samantha2699 0]

bank transfer would be safe and to avoid any questions at POE. there are some regulations of some countries about big money taken out /in to and from the country.It can also be associated with money laundering etc. so i suggest he makes a fund trasfer to your account.You will have to pay for the charges which is considerably expensive as well.

good luck

the charges that i meant was BANK charges when you transfer some funds...

[Lou Lou 1]

If he's keeping his UK bank account open (which is probably wise to) he can always transfer it from the US. Most banks will accomodate you living abroad. Mine send me statements and cards over for free. Another way would be via Paypal as a lot of people seem to use this method. Not sure what fees are involved in it though.

[butuan 0]

Why does immigration need to know if you're bringing over 10k. Fiance will be bringing about $15k with him. He's afraid they'll wnat to tax him or something. Does anyone know why one needs to declare anything over 10k?

Can he buy some kind of check or money order that can be cashed here so he doesn't have to have to much cash on him? He might also transfer the money to my account to make it easier but he s coming this week and he says there is a bank holiday this weekend.

Anyone bring over a lot of money as well?

the $10,000 limit was set to catch drug dealers and such.

so if you bring it claim it no matter if you have cash or check.

if you dont claim it and they find it they can take all your money.

recomment bank transfer, but that will also raise a red flag that much, dont worry they are not looking for you just money laundering and drug dealers.

[j&js 0]

Here's a question, what if he mailed a check to you? Would that get by anything?

[zyggy 9]

Here's a question, what if he mailed a check to you? Would that get by anything?

That counts as well... If anyone gets more than $10k in monetary instruments (checks, stocks, bonds, cash, etc.) they have to declare it to the Dept. of Treasury. They only way to avoid you reporting it if you get a wire transfer when the bank reports... it has nothing to do with taxes... it's used for money laundering...

You report the importation using FinCEN Form 109. http://www.fincen.gov/fin105_cmir.pdf

FinCEN = Financial Crimes Enforcement Network

Edited May 1, 2006 by zyggy