Air ticket on K1 visa

[brtlmj 0]

$10,000 in currency must be declared (anti-money laundering laws) - can bring as much as you want/got though. Never let it be said, a person with money was turned away.

Same goes for transferring (via banks, etc.) must be declared/forms filled out that go to the Fed - $9,999 means no declaration, but make sure your pockets are empty too..

No. The law is pretty clear in this respect:

You may bring into or take out of the country, including by mail, as much money as you wish. However, if it is more than $10,000, you will need to report it to CBP. Ask the CBP officer for the Currency Reporting Form (FinCen 105). The penalties for non-compliance can be severe.

“Money” means monetary instruments and includes U.S. or foreign coins currently in circulation, currency, traveler’s checks in any form, money orders, and negotiable instruments or investment securities in bearer form.

Also, the instructions to the appropriate form (FinCEN Form 105) state:

A TRANSFER OF FUNDS THROUGH NORMAL BANKING PROCEDURES, WHICH

DOES NOT INVOLVE THE PHYSICAL TRANSPORTATION OF CURRENCY OR

MONETARY INSTRUMENTS, IS NOT REQUIRED TO BE REPORTED.

[Otto 83]

A TRANSFER OF FUNDS THROUGH NORMAL BANKING PROCEDURES, WHICH

DOES NOT INVOLVE THE PHYSICAL TRANSPORTATION OF CURRENCY OR

MONETARY INSTRUMENTS, IS NOT REQUIRED TO BE REPORTED.

Trust me..it IS being reported... it's now part of Normal Banking Procedures...

But for the rest of us normal people..who don't have wads-of-dough..you have your answer(s)..

[brtlmj 0]

A TRANSFER OF FUNDS THROUGH NORMAL BANKING PROCEDURES, WHICH

DOES NOT INVOLVE THE PHYSICAL TRANSPORTATION OF CURRENCY OR

MONETARY INSTRUMENTS, IS NOT REQUIRED TO BE REPORTED.

Trust me..it IS being reported... it's now part of Normal Banking Procedures...

Same goes for transferring (via banks, etc.) must be declared/forms filled out that go to the Fed - $9,999 means no declaration, but make sure your pockets are empty too..

The person making the transfer does not have to worry about it, does not have to fill out any forms, does not have to declare anything, regardless of the amount - as far as the US law is concerned. The fact that banks do their own reporting is hardly relevant here...

[Otto 83]

The person making the transfer does not have to worry about it, does not have to fill out any forms, does not have to declare anything, regardless of the amount - as far as the US law is concerned. The fact that banks do their own reporting is hardly relevant here...

[brtlmj 0]

How cute. But hey, at least you are not misinforming anyone this time

[Otto 83]

How cute. But hey, at least you are not misinforming anyone this time

Owww..you made a funny.....

[CountryBoy 0]

this post has been moved from the K-1 discussion group