Singapore: Changi Airport traveller caught with undeclared currency worth SGD 75,166

A traveller passing by Terminal 1 of the Changi Airport in Singapore was held with undeclared currency notes amounting to greater than SGD 75,166 in worth.

The incident was made public by the Immigration & Checkpoints Authority (ICA) of Singapore, by a Facebook submit.

Headlined ‘Cash me if you happen to can’, the ICA submit stated that officers at Changi Airport Terminal 1 “profiled a traveller for routine checks and located undeclared currencies amounting to greater than SGD75,166 in worth on him”.

The case was subsequently referred to the Singapore Police Force for additional investigations, added the submit.

According to the ICA, below Singapore measures “to fight cash laundering and terrorism financing, travellers are required by legislation to submit a full and correct report declaration if they’re getting into or leaving Singapore carrying a complete worth of Physical Currency and Bearer Negotiable Instruments (CBNI) exceeding S$20,000 (or its equal in international currency)”.

The ICA knowledgeable the general public: “From 13 May 2024, 0000hrs, all travellers should submit CBNI declarations electronically by https://www.ica.gov.sg/enter-transit-depart/at-our-checkpoints/for-travellers/CBNI. Travellers can accomplish that as much as 72 hours earlier than [their] arrival into or departure from Singapore. This replaces the paper-based CBNI declaration that travellers had been required to submit at our checkpoints beforehand.”