What does it mean to "move into or out of Singapore " Physical Currency and Bearer Negotiable Instruments (CBNI)?
Under the law, a person moves Physical Currency and Bearer Negotiable Instruments (CBNI) out of Singapore if the person takes or sends the CBNI (whether in a receptacle or otherwise) out of Singapore, while a person moves Cash into Singapore if the person brings or sends the Cash (whether in a receptacle or otherwise) into Singapore. The word "send" includes sending CBNI through the post or by means of another person.
This information is sourced from SPF-STAGING
Related questions
Does the reporting of cross border movements of Physical Currency and Bearer Negotiable Instruments (CBNI) apply to Singaporeans?
Can a Physical Currency and Bearer Negotiable Instruments (CBNI) report be given prior to the movement of CBNI into or out of Singapore?
What are the possible situations where the recipient of (CBNI) has reasonable grounds to believe that such CBNI has been moved to him from outside Singapore?
Do I have to give a report if I am moving Physical Currency and Bearer Negpotiable Instruments (CBNI) exceeding the prescribed amount into Singapore but I do not intend to use it in Singapore?
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