What is the penalty to bring in cash amount of money over the permitted limit into CHINA?

Answer 1

Confiscation!

Entry/Exit Formalities:
All visitors arriving in the People's Republic of China must complete a customs declaration form to present on arrival. One copy of this form should be retained, to hand in to customs on departure. Each traveler is permitted to bring in four hundred cigarettes, two liters of alcohol, twenty fluid ounces of perfume and up to fifty grams of gold or silver. The cash amount that visitors can legally bring in or take out is only RMB6000 and foreign currency over the value of US$5000 or equivalent. Any amount exceeded this limit must be declared. Certain valuable items, such as video cameras, office machines, computers and gold should have import duty paid on them. Prohibited imports include arms, ammunition and explosives; printed matter, film or tapes critical to the country; dangerous or narcotic drugs; infected animals, plants or foodstuffs. It is also forbidden to carry any of these items, or endangered species of animals or plants and antiques without export permits. You may be asked to present an official receipt for any cultural relics you plan to take out of the country. Generally speaking, customs don't hassle foreigners too much. There are green channels and red channels. If you have something to declare, take the red channel. Otherwise choose the green channel to clear Customs upon arrival in the People's Republic of China.

http://www.topren.net/travel/necessity/faq/enfaq.html

Answer 2

Mainland China has very strict administration of bringing out and in of foreign places foreign places funds echange. between the decrease the rustic fixes is in simple terms allowing an substitute of a small volume of Remenbi in any given day. magnificent now Remenbi quite can basically be exchanged in Hong Kong different than interior the Mainland. are you able to apply quite some the U. S.$ contained in one in all those credit enjoying cards and debit enjoying cards and a few in visitors cheques? putting it first in a economic corporation in Hong Kong and then carry them around the border by utilising spreading in a dozen journeys or so is plausible. There're some agencies in Hong Kong that ought to help purchasers carry quite a few money over to the Mainland yet i do no longer advise you utilize them as you're no longer accustomed to the area nor the folk, you may get cheated. additionally for the certainty that, because of the fact the Answerer above pronounced, there're many pretend charges interior the Mainland relatively in Guangdong section. stable success!

Answer 3

In China, it could be, a fine, jail, and torture depending on their mood.

Not a good idea if you ask me. If they think the money is for drug you could face a firing squad after being convicted.