Financial transaction limits?

Question

In USA the transaction limit for any individual is $10'000 per day (I don't remember the corporation limits). Transferring more will raise a flag at the bank and the transaction will be investigated by FATF (Financial Action Task Force). But what about the other countries?

Where may I find out the maximum financial transaction limits for all of the countries in the world? (Individual AND Corporate)


The reason I'm asking is because I don't want to be mistaken for a terrorist in any country I visit. Thank you

Answer 1

Yes, there is a US$10,000 limit to REGISTER a transaction with the US Treasury. However, there is no limit to transfer money out of the US. This registration process is just to put a flag on your account to make sure that it isn't money laundering, terrorist funding or any other monkey business if the Treasury so decides. In fact, I just made a money transfer well above this limit - no hiccups, no delays, nothing.

Don't worry about transaction threshhold unless you're doing something you shouldn't be doing or doing something that would raise a major red flag (e.g. sending money to Pakistan, buying military surplus at Bob's Discount Bombs and Bullets). There are almost always going to be registration requirements for large quantities in foreign countries (just like in the US), but very few countries have actual hard limits on what you can bring in.

Limits are on a case-by-case basis.

Most places LOVE to have your money in their country.

Unless you are some tin foil hat wearing, Oliver Stone watching, Area 51 camping conspiracy theorist, this shouldn't concern you.