Last year, we reported that CBP at the port of Buffalo “seized $267,323 in a total of 22 currency seizures”. This year, CBP makes a similar report this year which shows that CBP seized cash for currency reporting violations and the total is nearly a half-million dollars.
What’s the take away? Never make a failure to report cash to CBP Buffalo, never smuggle bulk cash, and never divide money to avoid the reporting requirement. Here’s excerpt from the Buffalo CBP story:
U.S. Customs and Border Protection employees from the Buffalo Field Office, Office of Field Operations, had a successful fiscal year in 2015, which began October 1, 2014, and ended September 30, 2015. The Buffalo Field Office made over 380 narcotic seizures, over 400 arrests and seized more than $450,000 in unreported currency.
Last year there were 22 cash seizures in Buffalo, for an average cash seizure amount of just over $12,000. This year, there were 23 seizures and the average amount of seized cash by CBP in Buffalo was $19,579. That probably means that people were, on average, carrying more cash than in 2014.
The best way to hang on to your cash is to report it to Customs. When in doubt, report. Travelers make lots of unnecessary problem for themselves by attempting to get around the reporting requirement. Educate yourself before traveling with cash into or out of the United States and the chances of a cash seizure will be significantly lessened as long as you’re not an otherwise suspicious individual.
Has CBP seized cash for currency reporting violations from you?
If Buffalo CBP seized cash from you can learn more about the process from our trusted customs money seizure legal guide and can contact us for a free currency seizure consultation by clicking the contact buttons on this page.