What are the regulations on carrying cash when entering and exiting the country?

What is the limit of cash that can be brought into each country? How much money can be brought out of the country by China Customs? What will be the consequences if you bring too much cash into other countries but do not declare it? Next, the China Inbound Travel Editor provides The regulations on the amount of money carried into and out of major tourist countries are provided for your reference.

1. Regulations of various countries

China

According to my country's customs regulations, you can carry cash of less than 20,000 yuan or less than 5,000 US dollars when entering and exiting (you can bring Equivalent in foreign currency).

Taiwan, China

According to regulations, the limit on carrying cash in Taiwan dollars into and out of the country is NT$60,000. If the amount of New Taiwan dollars you carry exceeds this limit, you should apply to the Central Bank for approval in advance before entering or exiting the country, and you should present your voucher for inspection and release. However, Taiwan does not impose restrictions on bringing foreign currency into the country, but those who exceed the equivalent of 10,000 U.S. dollars in cash must declare it to the customs. Failure to declare it will be confiscated in accordance with the law. In addition, the upper limit for RMB is 20,000 yuan.

United States

Tourists carrying more than 10,000 US dollars in cash, traveler's checks or other currencies must declare to the customs and provide a reasonable explanation for the source of the cash. For example, if the cash comes from When selling real estate, be sure to present proof of sale, etc. If you fail to declare, the party concerned may face a fine of up to US$500,000 and a prison sentence of more than 10 years.

Canada

If you carry cash or currency equivalent to less than 10,000 Canadian dollars, you do not need to declare it; if you exceed the amount, you must declare it truthfully.

Australia

According to relevant Australian regulations, anyone carrying more than 10,000 Australian dollars (including 10,000 yuan) and the equivalent in foreign currency cash entering or exiting Australia must declare it to the Australian Customs. Checks, traveler's checks, personal checks, money orders, and must also fill in the negotiable securities form (BNI) declaration as required by customs staff or police, otherwise you may be fined or prosecuted.

Thailand

You need to bring more than 20,000 baht (equivalent to RMB 4,000 or equivalent foreign currency).

Germany

Tourists must bring no more than 10,000 euros into the country.

France

Tourists must bring no more than 7,600 euros into the country.

South Korea

Tourists must bring no more than US$10,000 into the country.

2. For multiple round-trips, will the cash limit change? Multiple round-trips on the same day? This refers to the situation of leaving or entering the country more than once in one day.

According to relevant regulations, if a citizen makes multiple trips a day, the cash limit he or she can carry when leaving the country for the first time in the same day is no different from that of ordinary people, which is the same amount of cash of 20,000 yuan or less than 5,000 US dollars. (or equivalent in foreign currency).

When you leave the country for the second or more times within the same day, the limit will change accordingly. According to regulations, under such circumstances, citizens can only carry foreign currency cash not exceeding the equivalent of 500 US dollars (including 500 US dollars) out of the country. There is no need to apply for a "Carrying Permit" and the customs will release it; if the amount exceeds If the value is US$500, customs will not release it.

3. Can I enter the country if I don’t have enough cash?

There are also some special regulations in the regulations of various countries, so citizens need to pay special attention before traveling. For example, in Thailand, anyone who carries less than 20,000 baht or equivalent foreign currency will be regarded as a person without normal spending power and has a tendency to immigrate illegally, and Thai customs will refuse to enter Thailand. When using a credit card to make purchases when entering the country, it still depends on the amount of cash you carry with you.

4. Do I need to pay tax when I send free items overseas to my country?

After spending money overseas, I accumulated enough points to exchange for many free items and prepare to send them back to my country together. The customs reminded that according to the announcement of the General Administration of Customs "Relevant Matters Regarding the Adjustment of Management Measures for Entry and Exit Personal Postal Items", it is stipulated that no matter how the items are obtained overseas (free or not), the customs will collect them according to law when they are mailed into the country. Import taxes.

5. Local currencies can be withdrawn at UnionPay ATMs

Currently, the UnionPay network has been extended to foreign countries and regions frequently visited by Chinese people. In more than 20 countries and regions, card payments can be made. UnionPay cards can be used to withdraw local currency at ATMs in more than 40 countries and regions.

However, in these countries and regions, ATMs and merchants are gradually connecting to the UnionPay network. If there is a UnionPay logo on a foreign ATM machine or POS terminal, it is certain that UnionPay cards can be accepted. In some foreign ATM machines that accept UnionPay cards, the UnionPay logo is only displayed on the screen (such as in Europe), so cardholders should pay special attention.