On August 22, U.S. Customs and Border Protection (CBP), Office of Field Operations at the Blue Water Bridge seized over $1 million in currency from a U.S. citizen after he failed to report the funds to CBP officers.
The male traveler and his family arrived in Port Huron after being refused entry into Canada. He initially denied carrying more than $10,000 to officials. Officers gave the traveler a chance to amend his declaration, which he modified to $990,000. Further inspection by CBP officers led to the discovery of two safes containing $1,096,584.
“There is no limit as to how much currency travelers can import or export as long as it is accurately declared to CBP,” said acting Port Director Geoffrey Stoffel.
Currency reporting rules require travelers to declare when they transport more than $10,000 in monetary instruments when travelling into or outside of the United States.