Reporting of Cross Border Movements of Physical Currency and Bearer Negotiable Instruments (CBNI)

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#DidYouKnow: Reporting of Cross Border Movements of Physical Currency and Bearer Negotiable Instruments (CBNI)

Any person who moves CBNI exceeding S$20,000 (the prescribed amount) or its equivalent in a foreign currency, into or out of Singapore is required to submit a report. Any person who receives CBNI exceeding the prescribed amount from outside Singapore is also required to submit a report within five business days upon receipt.

For more information, please visit, https://www.police.gov.sg/…/cross-border-movements-of-physi…

#GuardiansOfOurBorders

Source: FB post by Immigration & Checkpoints Authority

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