Quote:
Originally Posted by Black winter day
Also, can anyone confirm how much cash exactly can i bring to the USA?
There is
no limit to the amount of currency you can bring into the United States.
However
failure to declare more than $10,000 in cash to U.S. Customs can result in seizure of the currency.
On the positive side, there is
no duty to pay on the cash you bring in and a
very simple form to fill out called the FinCEN 105. Here is a
link to FinCEn 105 as a PDF. Conveniently, you can fill out the form by typing in the fields in Adobe Acrobat and then print it, or save it and print it later, etc.
Another thing going for you is that the WSOP is so well known now that if anyone does question you about your use of the cash, your explanation will probably result in more small talk than anything else.
Some notes about the form:
- Field 2 Identification Number - If you have a U.S. Social Security Number, use it. If not, use your Alien Registration Number (from your green card). If you have neither, use your passport number.
- Field 3 Birth date is in Month/Day/Year format (as opposed to the the customs declaration form you fill out on the plane, where it is in Day/Month/Year format).
- The $10,000 limit is per family, not per person. If you are traveling with your wife, she can't take $8,000 while you take $8,000 to avoid declaration.
- Don't forget to answer "Yes" to the question asking if you are traveling with more than $10,000 when filling out the customs declaration form issued to you on the plane.
- FinCEN stands for Financial Crimes Enforcement Network. They also publish the Cash Transaction Reports (CTRs) and Suspicious Activity Reports (SARs) that casinos are required to fill out for some cash activities. These get discussed in the B&M forum often. It was also a Suspicious Activity Report that began the investigation that eventually led to the downfall of New York Governor Eliot Spitzer for engaging prostitutes.
Last edited by StevieG; 05-26-2008 at 09:07 AM.