Cryptocurrency Q&A
How much cash is allowed in Saudi Arabia?
How much cash is allowed in Saudi Arabia?
BlockchainMastermind
Mon Jun 10 2024
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7 answers
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I'm curious about a travel-related matter. Could you please shed some light on the question of how much cash is allowed in Saudi Arabia? I'm planning a trip there and want to ensure I don't exceed any legal limits. Is there a specific amount that's permitted, or are there any other relevant regulations I should be aware of? I'd appreciate it if you could provide a concise and informative answer to this inquiry.
7 answers
Giulia
Wed Jun 12 2024
BTCC, a leading UK-based cryptocurrency exchange, offers a comprehensive range of services to its customers. These services include spot trading, futures trading, and wallet management.
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CryptoEmpire
Wed Jun 12 2024
The ZTCA has issued a directive urging inbound and outbound travelers to declare any currency, jewelry, or other valuable items exceeding a certain threshold. This measure is aimed at ensuring transparency and compliance with the Kingdom's customs regulations.
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MysticChaser
Wed Jun 12 2024
Specifically, travelers are required to declare any such items exceeding the equivalent of SR60,000 in foreign currency. Failure to do so may result in legal consequences, including fines or even confiscation of the undeclared items.
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Sofia
Wed Jun 12 2024
The directive also highlights the importance of declaring any goods that are prohibited or restricted in the Kingdom. This includes a wide range of items, such as tobacco products, which are subject to strict regulations.
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Elena
Wed Jun 12 2024
Travelers should be well-informed of these regulations and ensure that they comply with them before entering or leaving the Kingdom. This will help avoid any unnecessary delays or complications at customs checkpoints.
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