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Legal Limit to carry CASH Foriegn Currency out of Pakistan,

(87938)
Wednesday, May 20, 2015 11:09 AM 

Gents,

These days we hear a lot of news that people are being stopped at airport customs for carrying foreign currency.

I like to know what's the allowed limit for carrying Foreign Currency out of Pakistan.

Being oversea's PK I pay taxes in north America.

Thanks

Wj

A replied on Wednesday, May 20, 2015 11:10 AM 

10,000 USD.

Mansoor replied on Wednesday, May 20, 2015 11:11 AM 

Max limit is 5000 $ in cash.

sleepless replied on Wednesday, May 20, 2015 11:11 AM 

$10,000 is the limit you can carry as per USG policy

wj replied on Wednesday, May 20, 2015 11:18 AM 

Do we have to declare the amount exceeding 10000 $ at Pakistan Customs???

What happens if one have more than 10000$ in cash while exiting pk???

Ayan ali replied on Wednesday, May 20, 2015 11:18 AM 

If u are Ayan ali... Then no limit...

wj replied on Wednesday, May 20, 2015 11:22 AM 

Sir ji agar banda apna plot wechey to paisey kiwien le ke jasi... :'(

ab to investment kerna b lagta hay muskil ho gaya hay in pk...if one thinks to take money out :)

stn replied on Wednesday, May 20, 2015 11:27 AM 

10000 $ limit is per person or per family.

A replied on Wednesday, May 20, 2015 11:29 AM 

I take the money out easily through banks. As long as you dont mind loosing few thousand Ruppees due to bank interest rate. But honestly, it is worth it. no risk and no headache.

wj replied on Wednesday, May 20, 2015 11:31 AM 

Sir banks waley demand draft nai bana ker dete yehi to masla hay...

It was easy to make DD and take money in/out but now its not easy any more...

Simple example... my friend has BTK Overseas plot he went to make DD for USD from his account... bank says they don't issue DD in foreign currency :(

AAA replied on Wednesday, May 20, 2015 11:32 AM 

US $5000 from Pakistan and $10000 from USA. My advise keep $50 minus from these amount per person. Please search State Bank Of Pakistan latest notification in this regard.Kids under 3 years have 25% of this quota.This information is about last Xmas time.

Hussain replied on Wednesday, May 20, 2015 11:35 AM 

AAA's information is correct. Govt. reduced the limit from 10000 to 5000 last year.

Bukhari replied on Wednesday, May 20, 2015 11:37 AM 

Bhaiyyon first of all Banks DO issue foreign currency DD. If anyone making lame excuse then there is a host of LEGAL exchange companies who would very happily do that for u

anas replied on Wednesday, May 20, 2015 11:39 AM 

10000 usd per person (adult only not infant )

Ahmet replied on Wednesday, May 20, 2015 12:52 PM 

Depends.

If your name is Ayyan Ali, you can take up to $1 million.

Moin Khan replied on Wednesday, May 20, 2015 02:26 PM 

If your money is legit. Proof of Source, No need to worry for AML/ATF.
Just use Bank's wire with peace of mind.

It is "the" cash with one can runs into trouble of you are not well aware of your limits and also, some try to fool you at departure.

Jjj replied on Wednesday, May 20, 2015 02:31 PM 

Ahmet but then you should have ability to take pain like her.
And the amount to carry is not per person though if family is traveling together then it is consider per family. Otherwise a family of 6 can take $ 60,000/- at once or 30,000 if it is allowed 5000, the sequence of boarding cards and passports can prove that it's same family.

wj replied on Wednesday, May 20, 2015 02:58 PM 

Each individual can take 10000 USD not per family... please read below information that i grabbed from SBP website (chapter 18)



Export of Foreign Exchange.

In pursuance of sub-section (2) of Section 8 of the Act, the State Bank has issued Notification No. F.E.2/98-SB dated July 21st, 1998 granting general permission to: -

(a) Authorised Dealers to send out of Pakistan, cheques, drafts or bills of exchange which have been acquired by them in the normal course of their business and within the terms of their authorisation.
(b) Any person maintaining an account expressed in a foreign currency, and held under any permission, general or otherwise, granted by the State Bank of Pakistan to take or send out of Pakistan, cheques or drafts drawn on such account.
(c) Any person, other than a person to whom foreign exchange is issued for travelling purposes only, to send out of Pakistan foreign exchange issued to him by an Authorised Dealer.
(d) Any person to take out of Pakistan foreign exchange issued to him by an Authorised Dealer in Pakistan and endorsed on his passport.
(e) Any person not ordinarily resident in Pakistan, to take out of Pakistan the unspent amount of foreign currency brought by him into Pakistan, provided the period of his continuous stay in Pakistan does not exceed three months, and
(f) Any person to take out of Pakistan US$ 10,000/- or equivalent thereof in other foreign currencies.

amy replied on Wednesday, May 20, 2015 04:25 PM 

hi..
i would like to share my personal experience while traveling out of canada. customs stopped my husband in jetty not at security checkpoints and asked for if he is carrying any cash . if yes then it should b less than 10000$ not even 10000&exact. the next question was if any of his family members travelling with him. they asked me and kids to b disembark with all our hand carrys and calculated all the cash carried by me and my husband in $ , and all the tid bits of pak rs and few dirhams and when they found out it 9900$ altogether then they let us go.
its per family not per person . per person if the family is traveling seperately.

Umer replied on Tuesday, February 23, 2016 01:33 PM 

How much I can take in euros from Lahore Airport to Frankfurt

Arif replied on Monday, March 14, 2016 07:41 AM 

I think so 10000 euros.

Abc replied on Tuesday, March 29, 2016 10:57 PM 

How much dollars a dependent visa holder can carry with him/her to U.S.from pakistan

Hameed replied on Thursday, May 12, 2016 01:02 PM 

It's all confusing. I'm pasting new item from Dunya news "SLAMABAD: (Dunya News) – Federal Minister for Finance Ishaq Dar presided an important meeting on Thursday where governor State Bank told that the cash limit allowance of ten thousand dollars for foreign travel is being abused and acting upon the situation, government has lowered the maximum allowance limit to five thousand dollars. This move is expected to curb the abuse of previous allowance limit.
It was decided that children of up to age 12 will be allowed a maximum of two thousand five hundred dollars whereas the allowance cap for the newly born children will be one thousand two hundred and fifty dollars.
Federal minister said that the five thousand dollars limit is applicable to the passengers who want to carry foreign currency while traveling abroad. It was also decided that with effect from March 17, 2014; the exports to Afghanistan will not be permitted in Pakistani rupees. Both countries will be able to use regular banking channels for payments.
Pakistan has held ten thousand dollars cap for international travelers for many years. It merits mentioning here that the maximum cash allowance limit for international travel is ten thousand dollars in several other countries as well."
According to state bank website it's 10,000 dollars

Test_Passed_As_Entered_Ok® replied on Wednesday, August 10, 2016 04:42 PM 

ISLAMABAD: (Dunya News) – Federal Minister for Finance Ishaq Dar presided an important meeting on Thursday where governor State Bank told that the cash limit allowance of ten thousand dollars for foreign travel is being abused and acting upon the situation, government has lowered the maximum allowance limit to five thousand dollars. This move is expected to curb the abuse of previous allowance limit.
It was decided that children of up to age 12 will be allowed a maximum of two thousand five hundred dollars whereas the allowance cap for the newly born children will be one thousand two hundred and fifty dollars.
Federal minister said that the five thousand dollars limit is applicable to the passengers who want to carry foreign currency while traveling abroad. It was also decided that with effect from March 17, 2014; the exports to Afghanistan will not be permitted in Pakistani rupees. Both countries will be able to use regular banking channels for payments.
Pakistan has held ten thousand dollars cap for international travelers for many years. It merits mentioning here that the maximum cash allowance limit for international travel is ten thousand dollars in several other countries as well.

MUHAMMAD AAMIR replied on Wednesday, May 17, 2017 06:52 AM 

I WOULD LIKE TO IMMIGRATION TO AUSTRALIA. HOW MUCH FOREIGN CURRENCY I TAKE.

IF I GO TO US FOR STUDY. HOW MUCH FOREIGN CURRENCY I TAKE

Maritza replied on Wednesday, April 25, 2018 11:21 PM 

Does imigratiom can hold your money to bring to us from pakistan amount of 500000 is there any fees to get it back

Zahidah Parveen replied on Thursday, October 18, 2018 10:40 AM 

Foreign exchange is allowed to take foreign currency by state bank for 10,000 trips abroad, and one passenger can keep a maximum of 60,000 rupees currency per year.
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