+1(514) 937-9445 or Toll-free (Canada & US) +1 (888) 947-9445

can any one help me in understanding this statement?

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.
 

azzamkc

Hero Member
Apr 2, 2019
506
230
11
Oman
Category........
STUDY
Visa Office......
Abu Dhabi
App. Filed.......
02-09-2020
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)
 
  • Like
Reactions: Ahmadssha

jbdot0941

Hero Member
Jan 23, 2019
393
122
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.
 
  • Like
Reactions: Ahmadssha

Buletruck

VIP Member
May 18, 2015
6,882
2,714
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.
 
  • Like
Reactions: Ahmadssha

jweekend

Champion Member
Dec 13, 2019
1,280
224
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?
 

primaprime

VIP Member
Apr 6, 2019
3,387
884
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.
 
  • Like
Reactions: Ahmadssha