(Physical) Foreign Currency Regulations in Singapore

How much foreign currency can you take into Singapore? Are there any duty/tariffs payable if you take over a certain amount?

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(Physical) Foreign Currency Regulations in Singapore

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Jul 12, 2009

No Limit on Physical Money; Declare if Over S$30,000
by: Gabriel Tan

Hi

There's no limit as to how much cash (in any currency) that you can take into or out of Singapore.

However, the Singapore Police requires anyone taking more than S$30,000 - or the equivalent in foreign currency - to declare it. This is not a money-control policy; it's part of any international strategy to combat money-related crime.

Declaration forms are readily available at the airport. Return the completed form to the immigration officers at the red lane (for arrivals) or at the immigration counter (for departures).

Jul 13, 2009

Tariffs for Taking More than SGD30,000?
by: Anonymous

Thanks for your response. I have heard that ther are tariffs to pay if you take more than SG30,000. Is this true?

Jul 13, 2009

No Tariffs on Cash
by: Gabriel Tan

As far as I'm aware, there's no tariffs on any amount of cash you take into or out of Singapore.

(Since I'm not an official spokesperson of the Singapore Police, you should verify this with the Singapore Police and not hold me to it should they tell you differently.)

But if you are carrying more than SGD30,000 through Singapore Customs and don't declare it, you'll be fined if that much money is found on you.

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