Economist tells how to take currency abroad

09.08.2024 08:09

The amount of the permitted limit for taking cash abroad must not exceed the equivalent of 10 thousand dollars.

In excess of this amount, it is legal to export declared cash, indicating the origin of the money.

The head of the OECD IPEI Center of the Presidential Academy, Antonina Levashenko, spoke about this in an interview with Gazeta.Ru .

She explained that the easiest way to withdraw cash abroad is to not exceed the equivalent of 10 thousand dollars.

Any cash in excess of this amount must be declared and its origin confirmed.

money
Photo: © TUT NEWS

Levashenko reminded that these restrictions are set only for cash.

This rule does not apply to funds in bank accounts or cryptocurrency.

The economist explained that in excess of the permitted limit, it is possible to take out an amount in the form of cryptocurrency and cash it out abroad.

Elena Gutyro Author: Elena Gutyro Editor of Internet resources