![]() Customs and Border Protection agency also provides this information as well. The Canadian Border Service Agency website will provide more detailed information about this process. They will have to investigate if you are involved in a crime or supporting some type of illegal terrorist activity. Ultimately, if you don’t report that you have $10,000 (or more) in currency and border service agents somehow figure out that you have this money they can take it from you and even detain you. However, most airports that receive foreign travelers typically has a CSBA office that handles currency transactions. This rule doesn’t just apply to cash it also applies to various monetary instruments such as bank drafts, checks, stocks, traveler’s checks or bonds.Īir travelers will also have to do the same thing. A CSBA Declaration card is used to complete this process. This rule also applies to couriers and to individuals who are transporting cash for another party. A border service officer will walk you through the process of completing a declaration form. currency) or more into or out of the country this amount must be reported. However, if you bring $10,000 (Canadian or U.S. This is also true for people entering into the U.S. According to the Canadian government, you can bring any amount of money into the country. A border service officer will usually carry out this transaction. Travelers who go to Canada by driving a vehicle can exchange their U.S. You can Exchange Money at the Canadian/U.S. Keep reading to find out where these places are located. There are places inside of Canada where visitors can exchange American dollars for Canadian currencies. When American or Canadian people travel back and forth across the border, they will need to exchange their money to purchase goods or services in each country. USD money is commonly used in both countries. This form of currency is only used in Canada and it has a lower value than the standard American buck. The Canadian dollar ( CAD) is not the same as the U.S. ![]()
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