Back on March 29, U.S. Customs officers intercepted $150,000 in unreported currency that was being transported from the United States across the border to Mexico. The story is well reported by the Yuma, Arizona news in this article you can read by clicking HERE.
The author correctly notes,
Individuals are permitted to carry any amount of currency or monetary instruments into or out of the U.S. However, if the quantity is $10,000 or higher, they must formally report the currency to CBP. Failure to declare may result in seizure of the currency and/or arrest. An individual may petition for the return of currency seized by CBP officers, but the petitioner must prove that the source and intended use of the currency was legitimate.
The money, both U.S. and Mexican currency, was concealed in a duffle bag and also hidden in unopened soda pop cans.
If you are transporting currency into or out of the United States, be sure you know what are getting yourself into. If you have already had your money seized by Customs, then make use of the articles we have published on this website so you can learn how to respond to a customs currency seizure. Contact us by calling (734) 855-499 or by clicking here.