I think there is only a limit on the amount of cash you can carry into the United States as US dollar bills. It is most probably $5000. And, I don't think there are any limits on the amount of travelers Cheques you can carry to the states. If you are carrying large amounts say $50,000, then you may be asked to show proof that this money is from a legal source of income and you may also be asked how you intend on spending this money. This is usually done to ensure that any illegally earned income does not enter the states and nor does money coming from legal sources is used for illegal activities inside states.
A Normal Cheque is usually denominated in the local currency whereas a Travellers cheque is in foreign currency. Ex: A normal cheque in India is usually in Rupees whereas if you are going to USA, you can get travellers cheques in US dollar
No. There are limitations in carrying money as cash when traveling to different countries. You can take as much money you want but as debit cards or travelers cheques and not cash.
i guess so. there are freight liners/container vessels that may have a few extra cabins for travellers. check with the main container lines.
Travelers take Travelers cheques with them. Travelers Cheques are monetary instruments that can be converted to cash at any bank around the globe. It is usually used by tourists and travelers when they visit a country whose currency is not widely available in their own and also for safety purposes. For Ex: If I were to visit the United States on a two week holiday, I would need US Dollars to spend during my trip in the states. So I will go to my bank in India (where I have an account) and request for TC's to be issued. My bank would take money from me in Rupees (Indian Currency) and issue me Travelers Cheques of equivalent value. Once I land in the United States, I can visit any bank that I can find near my hotel and exchange them to US Dollars by producing the TC and my passport. Now I will have US dollars for my spending during my stay at the states.
Yes. (Use of GB £, US$ and Euros is easiest - with the Euro being the preferred currency)
two iphones
If you are entering or leaving Canada and are carrying $10,000 or more, or its equivalent in a foreign currency including any combination of coins, domestic or foreign bank notes, and securities, such as travellers cheques, stocks and bonds, you must report it to the Canada Border Servinces Agency. See link at www.cbsa.gc.ca
In Nigeria, BTA means Business Travelling Allowance. It is meant to be taken by business travellers. In an import-dependent country like Nigeria where foreign exchange is relatively scarce, BTA is the approved amount in US$ or equivalent that a Nigerian business person can buy at regulated prices from the banks. Travellers are not under compulsion to hold BTA. It is optional. Of course, there are private sources for getting US$ at slightly higher rates. The issue to note is that holding BTA is not compulsory under any Nigerian law. There is also PTA, Personal Travel Allowance for personal travellers. Foreign cheques can be collected into bank accounts in Nigeria and cashed thereafter. Any adult can provide photo ID and KYC documents, open a bank account in foreign exchange. These accounts are called domiciliary accounts. These are not business people, why would they be looking for BTA? This transaction has all the signposts of a scam.
The US makes 26 million a day. They do not make much.
Honey, Mastercard stopped issuing travelers cheques back in 2006. It's like asking if Blockbuster still rents VHS tapes - ancient history, sweetheart. If you want to travel with peace of mind, just use your Mastercard credit or debit card like the rest of us modern folk.
1,000,000,000,000........ us$ 1,000,000,000,000........ us$
it will most likely take 3.70