How To Transport Money Abroad Cheaper?

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How To Transport Money Abroad Cheaper?
How To Transport Money Abroad Cheaper?
Anonim

For many, the question of how to export valuables is very serious. But the only worry is for those who carry really large amounts of cash - in this case, you need to take care in advance to make it right.

How to transfer money abroad cheaper
How to transfer money abroad cheaper

Instructions

Step 1

There are three main ways to transport money abroad: cash, traveler's checks and funds on a bank card. If the money is on a bank card, the law does not restrict their movement. You can take with you as many cards as you like with any deposit balance. You do not need to declare them.

Step 2

The transportation of other types of money is a more subtle and delicate issue. According to the norms, it is impossible to freely transport an amount exceeding 10 thousand dollars across the border. If it is presented in another currency, the conversion is made at the current exchange rate. If more than the specified amount is exported, the money must be declared. Traveler's checks are also subject to declaration, but there are some nuances here.

Step 3

In cash, you can freely export an amount not exceeding $ 3 thousand. If there is more money, declare it. Previously, there were no restrictions on the amount of cash exported outside Russia. But in 2005, a law was passed, according to which, cash (in any currency) exceeding $ 10 thousand in the amount of, no more than is now exported. (Law of July 18, 2005 No. 90-FZ "On Amendments to Certain Legislative Acts of the Russian Federation"). That is, you cannot take out cash with a total amount of more than 10 thousand dollars. You need to declare cash if the amount exceeds $ 3,000.

Step 4

Traveler's checks are a special type of exported funds. It is not prohibited to export them in any quantity. It is necessary to declare traveler's checks in writing if the amount of money in cash and in checks exceeds $ 10 thousand. The rules for their import and export are stipulated in the law separately, since traveler's checks do not fall under the category of securities.

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