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spartan300
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Question reg Cash...

Post by spartan300 » Fri, 22 Feb 2008 7:34 pm

Hello All,

Just wanna know how much money can I carry as cash with me while travelling to Singapore? I am coming from India so was curious about whether there is any limit to the same.Secondly,
does it matter if the money is in INR or SGD or USD? Any suggestions/info would be appreciated.

Thanks in advance.

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sundaymorningstaple
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Post by sundaymorningstaple » Fri, 22 Feb 2008 11:43 pm

http://www.hotels-singapore.com/travelguide-customs.asp
Customs Information

Customs Formalities:
There are no limit on the amount of money you may bring into Singapore. However, customs/immigration may question you on the purpose of the money you are bringing in. To ensure that you clearing of the customs would be problem/hassle free, just declare it to the immigration and customs officers on duty.

Duty-Free:
Anyone who is above 18 years of age may purchase duty-free alcohol (and enjoy concessions) for personal consumption. This concessions are not applicable if you are arriving from Malaysia.

# You can purchase the following: max 1 litre of Wine / Port
# max 1 litre of Beer / Stout / Ale
# max 1 litre of Spirits

As Singapore government discourage smoking, there are no concessions on cigarettes and other tabacco products.

Dutiable Items:
Items that are dutiable includes garments and clothing accessories, leather bags, wallets, imitation jewellery, chocolate and sugar confectionery, pastries, biscuits and cakes. However, you may bring in restricted amounts of the above items without duties if they are meant for personal consumption.

If you are carrying excess dutiable items, you may leave these in Customs Bond until your departure, provided this is from the same point of entry. Storage costs are chargeable.

Prohibited Items:
You may not bring in the following items:
# Controlled drugs and psychotropic substances
# Firecrackers
# Cigarette lighters of pistol/revolver shape
# Toy coins / currency notes
# Reproductions of copyright publications
# Reproductions of video tapes or disks
# Reproductions of records or cassettes
# Endangered species of wildlife and their by-products
# Obscene articles and publications
# Seditious and treasonable materials

Entry may be allowed if you are able to product valid import permits or authorization proofs from the relevant authorities.

If you are under specific medications, please remember to bring along your prescription certification by your doctors. Such medications includes sleeping pills, depressants and stimulants.

When in doubt, please remember to contact the nearest Singapore Overseas Mission/Consulates/Embassy.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

skye
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Post by skye » Sat, 23 Feb 2008 5:17 pm

You can bring in or take out as much as you like but since Nov last year, if it is more than $30,000 or the equivalent in foreign currency you have to declare it. They have forms at the airport.

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sundaymorningstaple
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Post by sundaymorningstaple » Sat, 23 Feb 2008 6:37 pm

Basically what they are saying is you cannot bring actual drugs into the country but you are allowed to bring as much drug money as you want.

The banks will happily put it on deposit for you. Why do you think there are so many Indonesians who own high end condo's and large bank accounts here.

Why do you think the Indo govt is trying to tie the current military overflight/training areas pact to information on Indonesian owned bank accounts and extradition abilities. :wink:
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers

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Splatted
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Post by Splatted » Sun, 24 Feb 2008 8:38 am

Unless you're trying to hide something (from your own government), I don't see the need for carrying large wads of cash to Singapore - but that's just me.

Most international ATM cards work just fine, and I found that the exchange rate that I've received is no worse (but is sometimes better) than what is available through the money change kiosks.

With regards to fees, my citibank readycredit atm card doesn't charge me a cent for withdrawing internationally, but this is an Australian card I have. I ensure the balance is in positive before I make the withdrawal so as to not accrue interest.

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