PHILADELPHIA: U.S. Customs and Border Protection (CBP) officers seized $27,001 in unreported currency from a Belgium couple for violating federal currency reporting requirements at Philadelphia International Airport on Tuesday.
The couple reported that they possessed 3,000 Euro each, both verbally and on their CBP Declaration form. During a routine secondary examination, CBP officers discovered $14,321 U.S. dollars and 11,567 Euros concealed inside a wallet, including inside the wallet lining, and inside a sport coat pocket. The currency equated to $27,001 in equivalent U.S. dollars.
There is no limit to how much currency travelers may bring to, or take from the U.S. However, federal law requires travelers to complete financial reporting forms for any amount that exceeds $10,000 in U.S. dollars or equivalent foreign currency. Travelers who refuse to comply with federal reporting requirements risk severe civil penalties, currency seizure, and potential criminal charges.
“There are severe consequences for violating U.S. laws,” said Susan Stranieri, CBP Port Director for the Area Port of Philadelphia. “We hope that this seizure is a lesson for all travelers that the easiest way to hold on to their currency is to honestly report it all to a Customs and Border Protection officer during their admissions inspection.”
The couple was not criminally charged. CBP officers released them to continue their visit.
CBP routinely conducts inspection operations on arriving and departing international flights and intercepts narcotics, weapons, unreported currency, prohibited agriculture products, and other illicit items. View CBP’s ‘Typical Day’ enforcement stats at CBP Snapshot.
Travelers are encouraged to visit CBP’s Travel website to learn rules, tips and advice to help quickly complete their CBP international arrivals inspection.
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