Rus News Journal

The State Customs Committee has changed import rules to Russia cash currency

the State customs committee Russia (State Customs Committee) has changed import rules to territory of the country of cash currency if its sum exceeds 10 thousand dollars USA.
as have informed in a press - service of the State Customs Committee of the Russian Federation if the sum of Russia imported on territory of cash currency exceeds 10 thousand dollars, it is subject to obligatory written declaring. Till now the currency was declared at will of the physical person.
we will remind, in December of the past year customs officers already entered an obligatory order of written declaring of the Russian Federation imported on territory of cash foreign currency. It was a question of cases when the sum exceeded a 1,5 thousand dollars equivalent.
as to export of cash currency it is known about negotiations which conduct the State customs committee and the Central bank on this question. Here again speech also goes about increase in the threshold sum of export without declarations of cash currency from 1,5 thousand to 10 thousand Dollars. As the chairman of the State Customs Committee Michael Vanin declared, the given measure will allow to reduce to a minimum of infringement of the currency legislation at import and export of cash currency. Now customs bodies are compelled to detain people who have exceeded the sum of 1,5 thousand dollars and have not declared it at border crossing. The same occurred and at currency import.