Canadian border agents are warning cross-border commuters that if they want to keep any large amount of cash, they have to declare it.
Canada Border Services Agency (CBSA) at the Windsor-Detroit Tunnel inspected a vehicle driven by a U.S. citizen. Agents uncovered a bag that contained about $35,000 in U.S. cash.
The CBSA say that the money is suspected proceeds from crime, and it was confiscated.
No information was given on when the seizure took place or what became of the driver.
Any amount of cash exceeding $10,000 must be declared, regardless of what currency it is, warned the CBSA.
While it is not illegal to carry that much money over the border, the CBSA said the guidelines are there for a reason.
"Reporting currency is an important part of helping the Government of Canada fight money laundering and terrorist financing," read the official CBSA website.
Declarations may be done verbally at a Canadian border crossing, at an airport kiosk, or by filling out a declaration card.
If you are a NEXUS trusted-traveller program member, you may not use the dedicated lane or kiosk to declare this kind of cash.
