How to travel with large amounts of cash?
I know it's required to fill FinCEN 105 for $10,000+ flying internationally. However, I was wondering about my particular situation. I live in the US and plan to sell my art/merch in foreign countries at events/concerts when they eventually reopen post-COVID. I should fill the FinCEN form returning to the US but if I'm stopped and questioned about how I obtained the money, I would answer truthfully that I sold my art but is that something that could be deemed illegal or suspicious?
Best Answer
You must be prepared to justify your possession of the cash, i.e., demonstrate that the cash is the result of legal activities. Paperwork (ledgers, account books, bank statements, etc.) will be more persuasive than words. But it is impossible to predict whether whatever documents you carry will be enough to satisfy the authorities; there are too many variables.
Guessing wrong will have really bad consequences. Thus, it'd be best to not carry cash. If you guess wrong, and they think you're trying to pull the wool over their eyes, the currency could be seized by any of the border authorities you encounter.
You're much better advised to transfer funds in another manner.
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Can you travel with a lot of cash?
Traveling with CashThere is no law against that as far as domestic flights are concerned. If you're flying internationally with more than $10,000, you'll have to declare the amount to customs. Other than that, assuming customs approves your luggage, you can carry as much cash as you want.How can I fly with a large amount of money?
Always keep your money in a carry-on bag. Your airline will not compensate you if your money is in a checked bag and that bag is lost, stolen, or destroyed. Keep your money and other valuables out of public view. Keep your baggage and belongings in sight when passing through a security checkpoint.How to Travel Internationally with Money / Cash - The Ultimate Guide
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