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Travelling Abroad With Large Sums - Travel - Nairaland

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Travelling Abroad With Large Sums by joxiri: 12:00pm On Jan 28, 2013
I intend travelling to the us to purchase a few cars nxt mnth but with the spate of arrests by efcc officials at murtala, I am worried I obviously intend to declare the cash which is about 35 to 40k dollars.
- am buying these cars for people self its just a holiday but making use of my time there
I have heard of people being arrested even despite declaring their funds,
What do I do to avoid a smilar fate, I cnt seem to find travellers cheques to buy prepaid cards only allow 5k dollars, wiring the funds wud be long and expensive using a nigerian mastercard or dom wud require me abt 40 days to withdraw 40k as there's a 1k maximum daily withdrawal and then I would still incur charges
So carrying cash seems the best option but how do I avoid trouble with efcc
Re: Travelling Abroad With Large Sums by snowbuster: 1:05pm On Jan 28, 2013
take part of the money with you and keep the rest in ur checkin bag . make sure you keep it well in ur cloth . have done that so many times and i dont have issue with it. it dont matter if you tell the truth at the airport about the money you have with you they will still delay you and keep asking you one question after the other
Re: Travelling Abroad With Large Sums by Adurangba(f): 1:09pm On Jan 28, 2013
snowbuster: take part of the money with you and keep the rest in ur checkin bag . make sure you keep it well in ur cloth . have done that so many times and i dont have issue with it. it dont matter if you tell the truth at the airport about the money you have with you they will still delay you and keep asking you one question after the other


Hey. Dont listen to this dude. Do not ever keep money in check in bags. I lost money put in check in bag before and the airline said they are not liable. Dont listen to this dude. Dont you have banks?
Re: Travelling Abroad With Large Sums by jaybee3(m): 1:12pm On Jan 28, 2013
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Re: Travelling Abroad With Large Sums by justwise(m): 1:28pm On Jan 28, 2013
joxiri:
I intend travelling to the us to purchase a few cars nxt mnth but with the spate of arrests by efcc officials at murtala, I am worried I obviously intend to declare the cash which is about 35 to 40k dollars.
- am buying these cars for people self its just a holiday but making use of my time there
I have heard of people being arrested even despite declaring their funds,
What do I do to avoid a smilar fate, I cnt seem to find travellers cheques to buy prepaid cards only allow 5k dollars, wiring the funds wud be long and expensive using a nigerian mastercard or dom wud require me abt 40 days to withdraw 40k as there's a 1k maximum daily withdrawal and then I would still incur charges
So carrying cash seems the best option but how do I avoid trouble with efcc

Carrying anything thing more than 10,000 (pounds, dollars or Euros) could be regarded as money laundering, if you declared it you will still pay tax on it and get questioned. Transfer a large sum of it to a bank in US then carry the remaining one. Don't risk it, it will raise a lot of eyebrows carrying such amount of money while there are banks.
Re: Travelling Abroad With Large Sums by maxtum(m): 10:18am On Jan 29, 2013
from experience, what i did was at MMA was i declared $5,000 when i got uk for a few night, i wasn't asked any question about money. But when i got JFK ,customs asked me how much i had on and told them(more than $70,000) and they asked me to step aside. Asked where i worked, why i was carry such and had to explain the transfer limit in my 9jia country and they did give me a form to fill and said i did the right thing by declaring it. That if they have searched me to find it, its all gone!

This ain't my first time of carrying such cash but that day i just felt like declaring it. so my advise is......declare it, and if i still have the copy of their custom form with me.

All the best.
Re: Travelling Abroad With Large Sums by joxiri: 11:29am On Jan 29, 2013
My problem is not in america provided u declare it u will be fine in the states they will only count the cash and make sure u are not carrying more than u declared on their customs forms
Re: Travelling Abroad With Large Sums by maxtum(m): 11:53am On Jan 29, 2013
if it it's in 9jia, don't declare it! just tell them you have $5,000 and cards. Visa and master cards.
Re: Travelling Abroad With Large Sums by joxiri: 12:06pm On Jan 29, 2013
What if they now see it with me when I am passing thru the scanning machine
Re: Travelling Abroad With Large Sums by ochukoccna: 2:34pm On Jan 29, 2013
justwise:

Carrying anything thing more than 10,000 (pounds, dollars or Euros) could be regarded as money laundering,
Can one carry as much as 10,000 pounds or euros?
Thought it was $10,000 or its equivalent
This much a BDC operator told me
Or am I mistaken?
Re: Travelling Abroad With Large Sums by omonaijar: 10:59am On Jul 19, 2013
Please guys, what's the most amount of USD you can carry through MMA without declaring it? Tx.
Re: Travelling Abroad With Large Sums by Godson201333(m): 12:57pm On Jul 19, 2013
omonaijar: Please guys, what's the most amount of USD you can carry through MMA without declaring it? Tx.


You have to declare it as you will be given a form to fill..10,000 dollars is the maximum....
Re: Travelling Abroad With Large Sums by Godson201333(m): 12:57pm On Jul 19, 2013
ochukoccna:
Can one carry as much as 10,000 pounds or euros?
Thought it was $10,000 or its equivalent
This much a BDC operator told me
Or am I mistaken?

Yes the BDC IS correct..
Re: Travelling Abroad With Large Sums by iyb(m): 3:22pm On Jul 19, 2013
why not keep it in your account here in nigeria then withdraw it with your card when you get there
Re: Travelling Abroad With Large Sums by joxiri: 9:42am On Jul 21, 2013
I carried about 9,000 at and declared it and left the rest in my card at declaration I was asked to fill my details in a register at murtala and I noticed on this register people had travelled with 30,000 and 60,000 dollars cash which thry also declared, so I think you can carry any amount, the only problem is in america when you declare this cash you will face an intensive interrogation with their immigration but as long as u have valid answers backed up with documents it shouldn't be a problem

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