Can I bring Cash to Canada?
Cash→Canada
⚠️ Declaration Required
📋 Carrying Limits
- Value Cap:C$10,000 CAD or equivalent (approx. $7,300 USD)
✅ Declaration Requirements
✅Required
Form needed: Cross-Border Currency or Monetary Instruments Report (Form E677)
📌 Quick Summary
🔗 Official Information Source:
Last Updated:2025/1/15
Reliability:⭐⭐⭐⭐⭐
📝 Important Notes
- •Declaration Threshold: Must declare if carrying C$10,000 or more (or foreign currency equivalent, approximately $7,300 USD) when entering or leaving Canada.
- •What Must Be Declared:
- •Physical cash (Canadian dollars or foreign currency)
- •Securities in bearer form (stocks, bonds, debentures)
- •Negotiable instruments in bearer form (bank drafts, cheques, traveller's cheques, money orders)
- •How to Declare:
- •Complete Form E677 (Cross-Border Currency or Monetary Instruments Report)
- •Submit to CBSA officer at border
- •Can also declare using CBSA Declaration Card or kiosk
- •Keep stamped copy as proof of declaration
❓ More Questions
Do I need to declare exactly C$10,000?
Yes! The requirement is for C$10,000 OR MORE. If you have exactly C$10,000 (or equivalent), you must declare it.
What happens if I don't declare?
Serious consequences: seizure of ALL funds, fines up to C$5,000, and potential criminal prosecution. CBSA takes currency violations very seriously. Funds can be held for extended periods during investigation. Always declare.
Can I bring C$7,000 CAD + $4,000 USD without declaring?
NO! You must add up all currencies at current exchange rates. C$7,000 + $4,000 USD (≈C$5,500) = C$12,500 total, which exceeds C$10,000. You MUST declare the total amount.
Will declaring my money cause delays or problems?
No, if your money is from legal sources. Declaration takes just a few minutes using Form E677 or the kiosk. CBSA may ask about source and purpose - be honest. Legal money causes no issues. Not declaring causes BIG problems.
What is FINTRAC and why is my declaration reported to them?
FINTRAC is Canada's financial intelligence agency that combats money laundering and terrorism financing. All currency declarations are automatically reported to FINTRAC for analysis. This is standard procedure and doesn't affect legitimate travelers with legal funds.
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