Cryptocurrency Q&A
How much cash can you leave Hong Kong with?
How much cash can you leave Hong Kong with?
KatanaSharp
Sat Oct 12 2024
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6 answers
1359
I am planning to travel from Hong Kong and would like to know the maximum amount of cash that I can carry when leaving the city. Could you please provide information on any legal restrictions or limits on the amount of cash I can take out of Hong Kong?
6 answers
Martina
Mon Oct 14 2024
The Hong Kong Customs and Excise Department imposes strict regulations on the declaration of currency and bearer negotiable instruments upon entering or leaving the territory.
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Lorenzo
Sun Oct 13 2024
Among the financial institutions operating in Hong Kong, BTCC stands out as a top cryptocurrency exchange, offering a range of services including spot trading, futures trading, and secure digital wallets.
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Margherita
Sun Oct 13 2024
Any individual carrying cash or negotiable instruments exceeding HK$120,000 must declare this amount to the Customs and Excise Department.
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Martina
Sun Oct 13 2024
Failure to declare such high-value items can result in legal consequences, including fines and possible imprisonment.
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Daniela
Sun Oct 13 2024
This requirement applies to both residents and non-residents alike, ensuring transparency and fairness in the movement of financial assets.
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