Federal Customs Service of Russia - Rules for the Movement of Cash and (or) Monetary instruments across the Customs Border of the Eurasian Economic Union by Individuals
TODAY IS TUESDAY, AUGUST 14, 2018, 11:08:39 PM
VISUALLY VERSION
Rules for the Movement of Cash and (or) Monetary instruments across the Customs Border of the Eurasian Economic Union by Individuals

 

According to the Customs Code of the Eurasian Economic Union (hereinafter referred to as the СС EAEU), the term cash shall mean token money in the form of banknotes and treasury notes, coins, except precious metal coins which circulate and are legal tender in the Eurasian Economic Union (hereinafter the Union) member or non-member states (group of states), including those withdrawn or subject to be withdrawn from circulation, but exchangeable for circulating token money. The monetary instruments include traveler cheques, bills of exchange, cheques (bank cheques), as well as securities in document form attesting the issuer's (debtor's) obligation to pay the cash with no particular payee specified.

In accordance with the CC EAEU, cash and (or) traveler cheques shall be subject to the customs declaration if the total amount of such cash and (or) traveler cheques in case of their one-time import to/export from the customs territory of the Union exceeds the equivalent of US$10,000 at the exchange rate as of the day of filing the passenger customs declaration to the customs body.

To calculate the total amount of the cash moved, both the foreign currency and the currency of the Russian Federation shall be taken into account.

Monetary instruments, except traveler cheques, shall be declared regardless of the amount moved.

In case of customs declaration of monetary instruments, except traveler cheques, the nominal value or its equivalent in the currency of the member state or the foreign currency, to which the right is certified by the monetary instrument, shall be specified. If the nominal value is not available and it is impossible to determine its equivalent in currency of the Union member state or the foreign currency, to which the right is certified by the monetary instrument, the number of the monetary instruments moved across the customs border of the Union shall be specified in the passenger customs declaration.

Declarants of goods for personal use may be individuals of the Union member states or foreign persons over 16, and in case of the goods for personal use by persons under 16, the declarant shall be one of the parents, adoptive parents, guardians or trustees of these persons, in case of absence of accompanying persons - another accompanying person or representative of the carrier, and in case of organized exit (entry) of a group of minors unaccompanied by parents, adoptive parents, guardians or trustees, other persons - the group leader or the representative of the carrier.

 

Special Aspects of Filling in the Passenger Customs Declaration when Moving Cash and (or) Monetary Instruments in the Total Amount of Over US$10,000

The passenger customs declaration form (hereinafter the declaration) consists of the main form and the additional form “Cash and (or) Monetary Instruments Declaration” (hereinafter the cash declaration) annexed to the main form of the declaration.

The declaration shall be filled in by hand clearly and legibly or with the use of printing devices of electronic computer facilities. No electronic form of the declaration is required to be filed in this case.

The cash declaration shall be filled in case of moving:

cash (banknotes and coins, except precious metal coins) and traveler cheques in the amount exceeding the equivalent of US$10,000;

other monetary instruments in document form (bills of exchange, cheques (bank cheques), as well as securities in document form attesting the issuer’s (debtor’s) obligation to pay the cash with no particular payee specified).

When completing the form, information shall be provided on all cash, traveler cheques and monetary instruments moved.

The cash declaration shall be completed in two copies and signed by the declarant. Additionally, the declarant shall date the form.

In Item 1 of the cash declaration, the declarant shall provide his/her personal information. The address of stay (registration) in the customs territory of the Union and the details of the document certifying the right to stay in the customs territory of the Union (if any) shall be specified by persons not being citizens of the Union member states.

In Item 2.1 of the cash declaration, the declarant shall indicate the amount for each currency type moved, including the currencies of the Union member states, in terms of the currency units.

In Item 2.2 of the cash declaration, the declarant shall indicate the nominal value or its equivalent in the currency of the Union member state or the foreign currency, to which the right is certified by the monetary instrument. If the nominal value is not available and it is impossible to determine its equivalent in currency of the Union member state or the foreign currency, to which the right is certified by the monetary instrument, the number of the monetary instruments moved shall be specified.

In Item 3, the declarant shall check “another person” in case of moving cash (money) not owned by him/her. In case “another person” is checked in Item 3.1, the declarant shall indicate the name and location address (legal address) of the enterprise, company or entity owning the cash and (or) monetary instruments moved.

In Items 4 or 5 of the cash declaration, if the declarant checks “other”, the source of income or the intended use of the declared cash and (or) monetary instruments.

In Item 6 of the cash declaration, the point of departure (the country from which the declared cash and (or) monetary instruments are exported or were exported) shall be specified in Country of Departure, and the country being the declarant’s point of destination shall be specified in Country of Arrival. Accordingly, the date of departure shall be the date of leaving the country of departure, and the date of arrival shall be the date of arrival at the point of destination. The type of transport used to arrive at or depart from the customs territory of the Union shall be also indicated.

 

The electronic form of the passenger customs declaration ATTENTION! Passenger customs declaration must be printed on the front and back sides A4