Taipei Customs Seizes Undeclared Cash at Taipei Songshan Airport
Under Money Laundering Control Act and Anti-Money Laundering Regulations for Cross-border Declaration and Reporting, passengers or service crew members carrying cash more than CNY2,0000 into or out of Taiwan are required to declare with Customs. Any false-declaration or non-declaration will result in confiscation of the item.
TPC reminds cross-border travelers carrying money laundering controlled items to declare with Customs to avoid penalties: foreign currency and negotiable securities over the value equivalent to USD10,000, cash over CNY20,000, cash over NTD100,000, gold over the value equivalent to USD20,000, and diamonds, precious stones and/or platinum over the value equivalent to NTD500,000. More detailed information can be found on the website of Customs Administration, Ministry of finance (http://web.customs.gov.tw). Toll-free number service 0800-311-006 provided by Taipei Customs is also available.