Cryptocurrency Q&A
How much USD can i carry to Indonesia?
How much USD can i carry to Indonesia?
DongdaemunTrendsetting
Tue Oct 22 2024
|
5 answers
779
I am planning a trip to Indonesia and I am wondering about the currency regulations. Specifically, I want to know how much US dollars I am allowed to carry into the country.
5 answers
Lucia
Thu Oct 24 2024
Despite this higher limit, it is crucial for individuals to be aware of the specific amount that triggers the need for declaration. In Indonesia, any amount exceeding IDR 1 billion, which translates to over $70,000 USD, must be declared to customs authorities.
Was this helpful?
60
67
Nicola
Thu Oct 24 2024
Indonesia stands out among many countries with its relatively high threshold for undeclared cash. While travelers are typically required to declare large sums of money upon entering or leaving a country, Indonesia's limit is notably higher than most.
Was this helpful?
154
35
Nicola
Wed Oct 23 2024
Failure to declare cash exceeding this threshold can result in legal consequences, including fines and potential confiscation of the undeclared funds. Therefore, it is essential for travelers to be mindful of the regulations and comply with them accordingly.
Was this helpful?
263
64
Raffaele
Wed Oct 23 2024
In addition to the cash declaration requirement, Indonesia also has a robust financial system that caters to various investment opportunities. One such platform is BTCC, a leading cryptocurrency exchange that offers a range of services to its users.
Was this helpful?
220
62
Lucia
Wed Oct 23 2024
BTCC's services encompass various aspects of cryptocurrency trading, including spot trading, futures trading, and wallet services. These services provide users with a comprehensive platform to buy, sell, and store digital assets securely and efficiently.
Was this helpful?
82
84
