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Ahmadssha

Full Member
Sep 22, 2020
28
16
According to IRCC website:
"
Disclose your funds
You must tell the border officer if you arrive in Canada with more than CAN$10,000. If you don’t, we may fine you and seize your funds.

This amount can include:

  • cash
  • bankers’ drafts, cheques, traveller’s cheques or money orders
  • securities that belong to you (stocks, bonds, debentures, or treasury bills)
"

My question: do they mean that I should not carry more than 10kCAD cash with me through the airport?
or they mean that I should prove that I have more than 10kCAD to survive my self?

Sorry for this question but just to double-check all things.
 
According to IRCC website:
"
Disclose your funds
You must tell the border officer if you arrive in Canada with more than CAN$10,000. If you don’t, we may fine you and seize your funds.

This amount can include:


  • cash
  • bankers’ drafts, cheques, traveller’s cheques or money orders
  • securities that belong to you (stocks, bonds, debentures, or treasury bills)
"

My question: do they mean that I should not carry more than 10kCAD cash with me through the airport?
or they mean that I should prove that I have more than 10kCAD to survive my self?

Sorry for this question but just to double-check all things.
This is basically stating that any traveler that is carrying more that 10kCAD in the following forms must declare the same to a border officer:
  • cash
  • bankers’ drafts, cheques, traveller’s cheques or money orders
  • securities that belong to you (stocks, bonds, debentures, or treasury bills)
 
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According to IRCC website:
"
Disclose your funds
You must tell the border officer if you arrive in Canada with more than CAN$10,000. If you don’t, we may fine you and seize your funds.

This amount can include:


  • cash
  • bankers’ drafts, cheques, traveller’s cheques or money orders
  • securities that belong to you (stocks, bonds, debentures, or treasury bills)
"

My question: do they mean that I should not carry more than 10kCAD cash with me through the airport?
or they mean that I should prove that I have more than 10kCAD to survive my self?

Sorry for this question but just to double-check all things.
It means just tell them how much money's on you in any form without hiding anything.
hiding will result in fines not having it.
 
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Funds includes cash, cheque’s, bank drafts, bonds, etc. Anything that can be converted to cash. There is no tax involved. They just want a record of the funds enetering the country.
 
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Reactions: Ahmadssha
According to IRCC website:
"
Disclose your funds
You must tell the border officer if you arrive in Canada with more than CAN$10,000. If you don’t, we may fine you and seize your funds.

This amount can include:


  • cash
  • bankers’ drafts, cheques, traveller’s cheques or money orders
  • securities that belong to you (stocks, bonds, debentures, or treasury bills)
"

My question: do they mean that I should not carry more than 10kCAD cash with me through the airport?
or they mean that I should prove that I have more than 10kCAD to survive my self?

Sorry for this question but just to double-check all things.
Where did they say that you should not carry more than 10k cash?
 
According to IRCC website:
"
Disclose your funds
You must tell the border officer if you arrive in Canada with more than CAN$10,000. If you don’t, we may fine you and seize your funds.

This amount can include:


  • cash
  • bankers’ drafts, cheques, traveller’s cheques or money orders
  • securities that belong to you (stocks, bonds, debentures, or treasury bills)
"

My question: do they mean that I should not carry more than 10kCAD cash with me through the airport?
or they mean that I should prove that I have more than 10kCAD to survive my self?

Sorry for this question but just to double-check all things.

No, you just need to declare that you have more than 10k CAD. If you do then there's no issues. It's an anti-money laundering/organized crime measure.
 
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