Re-entering Canada with money

[kabana]

Hello every body.

I would be grateful if any one tell me what to do at the airport if I am re-entering Canada with more than 10000 Canadian Dollars.

[steaky]

declare them to the Customs Officer

[toby]

If it is a lot more, you may be asked to prove its source -- e.g. sale of a house (bring sales contract, and maybe a copy of the certified cheque; or sale of drugs (don't try it). For large amounts of money, it wojudl raise fewer questions if you wired the funds from a bank into your Canadian bank account. Yes, the Canadian bank will report the receipt to FINTRAC, but it will know the money came from another bank which (presumably) vetted the source before accepting the deposit in the first place.


 

[steaky]

Generally, no questions being asked if wired funds from a bank into your Canadian bank account.

[kabana]

Thanks guys. what if the amount of money is about twenty thousand?.

[steaky]

It's the same thing.  You have to declare any amounts more than $10,000 when you bring in person.

[toby]

Thanks guys. what if the amount of money is about twenty thousand?.

Won't raise an eyebrow.  Amounts of a few millions might.