Question:

What are currency control measures for immigration to Singapore?

by Guest1371  |  12 years, 9 month(s) ago

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My mom is wondering about details of currency control measure for immigration to Singapore.

 Tags: control, currency, immigration, Measures, singapore

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  1. Guest287
    There are no restrictions to the type or amount of CBNI which may be moved into or out of Singapore. This measure only requires a report to be made when the total value of the CBNI being moved exceeds the equivalent of SGD 30,000. It does not seek to restrict legitimate cross border trade payments for goods and services, or the freedom of capital movements.

    * Physical currency refers to coins and printed money. Examples of bearer negotiable instruments include bill of exchange, cheque, promissory note, bearer bond, money order and postal order.

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