Viewing a single comment thread. View all comments

lalaba0987 OP t1_j6l7lt3 wrote

Reply to comment by DeluxeXL in Do I need to report a deposit of over $10,000 from personal loan and when I withdraw the money too? by lalaba0987

For an event abroad.

1

DeluxeXL t1_j6l82xz wrote

Don't forget to declare it at Customs.

5

lalaba0987 OP t1_j6l88tn wrote

Can you please explain more about that?

2

BlazinAzn38 t1_j6l8rhm wrote

When you enter a country you need to declare currency on hand above a certain amount. $10,000 certainly qualifies as requiring declaration

9

nothlit t1_j6l8wz2 wrote

> When you enter a country

Or depart, in many cases

8

t-poke t1_j6l9jsw wrote

Why do you need to travel with that much cash though? That is a very bad idea, can’t you pay for whatever you’re paying for electronically? What is this event anyways that requires a $10,000 personal loan.

3

sammiemo t1_j6nisxz wrote

That might be personal for OP, but I know someone who adopted a baby from China who had to bring cash with them to China to do so. It was nerve wracking for them. This was 15 years ago.

1