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Managerchap

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Jul 17, 2015
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Hello Everyone,
I have something that has been bothering my mind for a while now. So i plan to land in Toronto Canada soon.
And i am hoping to have about 15000 USD cash with me.
I know that CIC says that if you have above 10,000 cad you have to declare it or risk going to prison.
My question is this what is the process of declaring this funds. Is it a crime to have above 10k declaration or not ??
I do not want to transfer due to the enormous bank charges. I would rather just carry my money cash and pay it into an account in Canada
 
If you bring more than C$10,000 (or the equivalent in another currency) into Canada, you must declare the amount when you arrive.
If you get the money legally and declare it, that will not be an issue.
 
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Make sure to check "yes" to the C$10,000 question on the Customs Declaration form and you'll be fine.
 
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Declare the amount on the Declaration form before you go to the counter otherwise they will seize the money and have to pay the fine to get them back.
 
Hello Everyone,
I know that CIC says that if you have above 10,000 cad you have to declare it or risk going to prison.
My question is this what is the process of declaring this funds. Is it a crime to have above 10k declaration or not ??

You just put the amount on your declaration form. Of course it isn't a crime. You can carry millions dollars in cash if you want, as long as you declare it and can show the source of the funds.
 
The declaration form is handed to you on the plane. It is all quite clear where to indicate the funds you are carrying. Good luck.
 
Hello Everyone,
I have something that has been bothering my mind for a while now. So i plan to land in Toronto Canada soon.
And i am hoping to have about 15000 USD cash with me.
I know that CIC says that if you have above 10,000 cad you have to declare it or risk going to prison.
My question is this what is the process of declaring this funds. Is it a crime to have above 10k declaration or not ??
I do not want to transfer due to the enormous bank charges. I would rather just carry my money cash and pay it into an account in Canada

You simply declare it on your customs form. It is not a crime. What is a crime is entering with more than $10K (valued as CAD) and not declaring it. You would pay a painful sum as a fine. Right now, 15K USD is roughly 20,500 CAD.
 
I do not want to transfer due to the enormous bank charges. I would rather just carry my money cash and pay it into an account in Canada

How much are the charges? What is enormous? I would never carry $1000, let alone 15 grand in cash, just transfer it and pay the fee. Then you have nothing to declare, to worry about or any other issues.