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ChumpChange
ChumpChange 
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September 20th, 2023 at 3:51:03 AM permalink
Customs in Canada at work, TV style.
Oh, you didn't declare your sub-$10K US as over $10K CAN? You need to pay us $250 to get your money back. Next time it will be $2,500, and the time after that it will be $5,000!



Hmm, you went to the casino? How much did you bring there? How much do you have now? Lemme see your phone. You deleted everything? Let's give your phone a drug test. It tests positive for cocaine.
Last edited by: ChumpChange on Sep 20, 2023
heatmap
heatmap
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September 20th, 2023 at 4:46:55 AM permalink
theres a reason why people are trying to ban strong encryption and its because if they cant peek into our phones where everything youve ever done is digitized they could never pin a single crime on anyone
ChumpChange
ChumpChange 
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September 20th, 2023 at 5:29:34 AM permalink
New phone, who dis? Aaaagh!
TigerWu
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PokerGrinder
September 20th, 2023 at 9:45:01 AM permalink
Quote: ChumpChange

Customs in Canada at work, TV style.
Oh, you didn't declare your sub-$10K US as over $10K CAN? You need to pay us $250 to get your money back.
link to original post



You have to declare your cash in the currency of the country you are traveling to, so this is totally fair. It's on the customs form.
billryan
billryan
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September 20th, 2023 at 10:20:23 AM permalink
Quote: TigerWu

Quote: ChumpChange

Customs in Canada at work, TV style.
Oh, you didn't declare your sub-$10K US as over $10K CAN? You need to pay us $250 to get your money back.
link to original post



You have to declare your cash in the currency of the country you are traveling to, so this is totally fair. It's on the customs form.
link to original post



It seems a bit unfair. If you can leave the US with $10,000 in cash, how can you know what it is worth in local currency? I've been in Canada when the US dollar was worth ninety-five cents C and when it was worth a dollar twenty.C
The difference between fiction and reality is that fiction is supposed to make sense.
TigerWu
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September 20th, 2023 at 12:07:52 PM permalink
Quote: billryan


It seems a bit unfair. If you can leave the US with $10,000 in cash, how can you know what it is worth in local currency? I've been in Canada when the US dollar was worth ninety-five cents C and when it was worth a dollar twenty.C
link to original post



You would check the exchange rate before you leave. If it's close to the limit, you would probably be safer to declare it. Like, if before you get on the plane, you have US dollars that converts to $9,867 Canadian, you should probably declare it just in case. The exchange rate is not going to fluctuate that much during the three hours you're in the air, but I probably wouldn't take that chance.
DRich
DRich
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September 20th, 2023 at 12:10:56 PM permalink
Quote: billryan



It seems a bit unfair. If you can leave the US with $10,000 in cash, how can you know what it is worth in local currency? I've been in Canada when the US dollar was worth ninety-five cents C and when it was worth a dollar twenty.C
link to original post



That's ridiculous. Would it really take more than 30 seconds to figure out t the conversion. I know that I am odd, but I look at currency exchange rates about twice a week.
At my age, a "Life In Prison" sentence is not much of a deterrent.
billryan
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September 20th, 2023 at 12:52:24 PM permalink
Quote: DRich

Quote: billryan



It seems a bit unfair. If you can leave the US with $10,000 in cash, how can you know what it is worth in local currency? I've been in Canada when the US dollar was worth ninety-five cents C and when it was worth a dollar twenty.C
link to original post



That's ridiculous. Would it really take more than 30 seconds to figure out t the conversion. I know that I am odd, but I look at currency exchange rates about twice a week.
link to original post



So you'd report $9,657 Canadian dollars in currency when you have $10,000 in US bills?
The difference between fiction and reality is that fiction is supposed to make sense.
GenoDRPh
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September 20th, 2023 at 1:21:27 PM permalink
Quote: billryan

Quote: DRich

Quote: billryan



It seems a bit unfair. If you can leave the US with $10,000 in cash, how can you know what it is worth in local currency? I've been in Canada when the US dollar was worth ninety-five cents C and when it was worth a dollar twenty.C
link to original post



That's ridiculous. Would it really take more than 30 seconds to figure out t the conversion. I know that I am odd, but I look at currency exchange rates about twice a week.
link to original post



So you'd report $9,657 Canadian dollars in currency when you have $10,000 in US bills?
link to original post



Yup. You'd say "I have $10,000 US. I don't know how much that is in Canadian." Rules are rules, and you gotta follow the rules.
jjjoooggg
jjjoooggg
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September 20th, 2023 at 1:35:14 PM permalink
Quote: ChumpChange

Customs in Canada at work, TV style.
Oh, you didn't declare your sub-$10K US as over $10K CAN? You need to pay us $250 to get your money back. Next time it will be $2,500, and the time after that it will be $5,000!




Hmm, you went to the casino? How much did you bring there? How much do you have now? Lemme see your phone. You deleted everything? Let's give your phone a drug test. It tests positive for cocaine.

link to original post



I was near the canada border and didnt cross bc they are very suspicious.
Born in Texas and lived in Texas my whole life.
billryan
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September 20th, 2023 at 5:35:00 PM permalink
Quote: GenoDRPh

Quote: billryan

Quote: DRich

Quote: billryan



It seems a bit unfair. If you can leave the US with $10,000 in cash, how can you know what it is worth in local currency? I've been in Canada when the US dollar was worth ninety-five cents C and when it was worth a dollar twenty.C
link to original post



That's ridiculous. Would it really take more than 30 seconds to figure out t the conversion. I know that I am odd, but I look at currency exchange rates about twice a week.
link to original post



So you'd report $9,657 Canadian dollars in currency when you have $10,000 in US bills?
link to original post



Yup. You'd say "I have $10,000 US. I don't know how much that is in Canadian." Rules are rules, and you gotta follow the rules.


link to original post[/q

Doing that is what got a $250 fine. Although you can leave the US with $10,000, you can only bring $10,000 Canadian into the country. Because dollars are worth more, you are subject to a $250 fine. I think that is ridiculous. Others don't. I never knew there was a limit on how much cash you could bring into Canada. I've never flown in, but I don't recall being asked at the borders.
The difference between fiction and reality is that fiction is supposed to make sense.
GenoDRPh
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September 20th, 2023 at 5:52:19 PM permalink
Quote: billryan

Quote: GenoDRPh

Quote: billryan

Quote: DRich

Quote: billryan



It seems a bit unfair. If you can leave the US with $10,000 in cash, how can you know what it is worth in local currency? I've been in Canada when the US dollar was worth ninety-five cents C and when it was worth a dollar twenty.C
link to original post



That's ridiculous. Would it really take more than 30 seconds to figure out t the conversion. I know that I am odd, but I look at currency exchange rates about twice a week.
link to original post



So you'd report $9,657 Canadian dollars in currency when you have $10,000 in US bills?
link to original post



Yup. You'd say "I have $10,000 US. I don't know how much that is in Canadian." Rules are rules, and you gotta follow the rules.


link to original post[/q

Doing that is what got a $250 fine. Although you can leave the US with $10,000, you can only bring $10,000 Canadian into the country. Because dollars are worth more, you are subject to a $250 fine. I think that is ridiculous. Others don't. I never knew there was a limit on how much cash you could bring into Canada. I've never flown in, but I don't recall being asked at the borders.
link to original post



When in Rome, do as the Romans do.Is the fine for having more than $10K, or not reporting you have more than $10k?

From the Canadian Border Patrol:

"Anytime you cross the border, you must declare any currency or monetary instruments you have valued at Can$10,000 or more. This amount includes Canadian or foreign currency or a combination of both. Monetary instruments include, but are not limited to, stocks, bonds, bank drafts, cheques and traveller's cheques. There are no restrictions on the amount of money you can bring into or take out of Canada, nor is it illegal to do so."

https://www.cbsa-asfc.gc.ca/travel-voyage/ttd-vdd-eng.html
TigerWu
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September 21st, 2023 at 6:10:44 AM permalink
Quote: billryan


Doing that is what got a $250 fine. Although you can leave the US with $10,000, you can only bring $10,000 Canadian into the country. Because dollars are worth more, you are subject to a $250 fine. I think that is ridiculous. Others don't. I never knew there was a limit on how much cash you could bring into Canada. I've never flown in, but I don't recall being asked at the borders.
link to original post



I think you have misunderstood something.

Quote:

Travelling with CAN$10,000 or more
Anytime you cross the border, you must declare any currency or monetary instruments you have valued at Can$10,000 or more. This amount includes Canadian or foreign currency or a combination of both. Monetary instruments include, but are not limited to, stocks, bonds, bank drafts, cheques and traveller's cheques. There are no restrictions on the amount of money you can bring into or take out of Canada, nor is it illegal to do so.



Quote:

Failure to report
The CBSA has the authority to seize all currency and monetary instruments if the entire value is not reported. They may be returned after a penalty is paid. Penalties range from Can$250 to Can$5,000.



The $250 fine is the minimum for not reporting the full amount of imported cash.

Source
DRich
DRich
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September 21st, 2023 at 6:56:45 AM permalink
Quote: billryan

Quote: DRich

Quote: billryan



It seems a bit unfair. If you can leave the US with $10,000 in cash, how can you know what it is worth in local currency? I've been in Canada when the US dollar was worth ninety-five cents C and when it was worth a dollar twenty.C
link to original post



That's ridiculous. Would it really take more than 30 seconds to figure out t the conversion. I know that I am odd, but I look at currency exchange rates about twice a week.
link to original post



So you'd report $9,657 Canadian dollars in currency when you have $10,000 in US bills?
link to original post



Huh? If I had $10,000 US I would report approximately $13,442 Canadian.
At my age, a "Life In Prison" sentence is not much of a deterrent.
rsactuary
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ChumpChange
September 23rd, 2023 at 1:18:40 PM permalink
It's not just cash, its instruments as well. So a check (cheque?) in an amount over $10000 CDN would qualify as well to be declared.
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