Monday, April 26, 2010

How much cash is allowed to bring to Israel to donate?

how much cash is allowed (for donating) to bring before Homeland Security will "detain" us?

How much cash is allowed to bring to Israel to donate?
From the USA





You can take out 1 million if you want to....so long as you declare it ! Authorities have no technical or legal right to ask questions about that money aside from common law questions





Into Israel





You must declare anything over 80,000 New Shekels, that's about 22k $
Reply:Friend,





I expect a safer way to donate money would be through an ATM, of which there are plenty in Israel, or look to see if your bank has a branch in Tel Aviv, where you will be landing if you are coming in internationally.





Nowadays unfortunately it is not very safe to travel with a large amount of money and transferring your money this way will save you the trouble of declaring it at customs.
Reply:It sounds like you're planning on bringing in a rather large amount of cash. Very odd. I would think it's better to bring in travellers cheques or have the money wired to you once you're inside. Never heard of anyone bringing in a suitcase full of hard cold cash. Perhaps you are money laundering?
Reply:I do not think that any country will allow huge amounts of cash to be paid away from Bank accounts. This is to ensure that there is no money laundry on the way. Normally 10000 US$ is a safe amount to handle( if not less)
Reply:They will take everything you got.


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