fbpx
Connect with us

News

M’sian Fined RM15,000 for Failing to Declare Cash Over RM180,000 While Entering S’pore

Published

M'Sian Fined Rm15,000 In Singapore After Failing To Declare He Was Carrying More Than Rm180K In Cash - World Of Buzz 3
Source: The Straits Times & The Star

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.

This is a PSA for all Malaysians: Please remember to declare your money if you are carrying a large amount of cash while travelling overseas because the consequences could cost you!

According to The Star, a 28-year-old Malaysian was at the Tuas checkpoint on 7th March earlier this month when it was discovered that he was carrying more than SGD$60,o00 (approx. RM 180,555) in cash as he was trying to enter Singapore. The cash was reportedly in both Singaporean and Malaysian currencies.

The man reportedly failed to declare he was carrying an amount of cash exceeding SGD$20,000 (approx. RM60,185) when he attempted to enter Singapore. FYI, it is required by law to declare any amount of cash exceeding SGD$20,000 or any foreign currency exceeding that amount.

The Malaysian was then fined SGD$5,000 (approx. RM15,046) for this offence.

According to Singaporean law, anyone who fails to declare that they are carrying any amount of cash exceeding SGD$20,000 could face up to three years in jail, a maximum fine of SGD$50,000 (approx. RM150,467), or both. This was made effective back in September 2014.

Travellers who carry large amounts of cash are required to fill out a CBNI Report form and submit it to any immigration officer either at the Customs Red Channel (entering Singapore) or at the Immigration Counter (leaving Singapore). Prior to September 2014, the limit was at SGD$30,000 (approx. RM90,268).

So, remember to take note if you ever plan on carrying large amounts of cash overseas!

 

Also read: Johor Man Gets Fined RM500 for Throwing Cigarette Butt Out of Car Window

M'sian Fined Rm15,000 In Singapore After Failing To Declare He Was Carrying More Than Rm180K In Cash - World Of Buzz

Follow us on Facebook, Youtube, Twitter, and Instagram for the latest stories and updates daily.



Just In

Collage 89 Collage 89
News14 hours ago

Johor Government May Implement a 4.5-Day Workweek in the Near Future

A 4-day workweek sounds ideal, but a 4-and-a-half day workweek doesn’t sound bad either. Johoreans may be in luck next...

My Post 1 2024 11 21T160023.537 My Post 1 2024 11 21T160023.537
News15 hours ago

“UPSR get D, SPM can get A” – PMX Responds to BERSIH Giving Him a Grade D in ‘Report Card’

Prime Minister Datuk Seri Anwar Ibrahim has opened up about BERSIH’s ‘report card‘ on his administration’s performance in conjunction with...

My Post 1 2024 11 21T114442.032 1 My Post 1 2024 11 21T114442.032 1
News20 hours ago

PDRM is Offering 60% Off Selected Traffic Summons at Govt’s 2nd Anniversary Event This Weekend!

In conjunction with the MADANI government’s 2nd anniversary on 24 November (Sunday), the Ministry of Home Affairs of Malaysia (KDN)...

Collage 17 1 Collage 17 1
News2 days ago

MCPF Calls for Vape Ban, Warns Addiction to Substances Can Lead to Unhealthy Behaviours Like Theft

The Malaysian Crime Prevention Foundation (MCPF) is urging for the sale of e-cigarettes or vape devices to be banned or...

Feat Image Lesen Feat Image Lesen
News2 days ago

Anthony Loke: Road Users in M’sia May Have to Pay for Physical Driving License Cards Starting Next Year

Transport Minister Anthony Loke Siew Fook today iterated that the Government will continue with the implementation of digital driving licenses...

Collage 15 2 Collage 15 2
News2 days ago

Filipino Couple Caught Living & Working Illegally in Malaysia Using Fake MyKads That Cost RM250 Each

A Filipino husband and wife were arrested during a raid on November 19 at a house in Pandan Indah yesterday...

Feat Image Apple Ind Feat Image Apple Ind
News2 days ago

Apple Offers to Increase Investment in Indonesia Tenfold to RM446 Million to Lift Country’s iPhone 16 Series Ban

Previously, we shared how the Apple iPhone 16 Series is banned from being sold in Indonesia until the tech giant...

My Post 1 2024 11 20T144359.263 My Post 1 2024 11 20T144359.263
News2 days ago

BERSIH Names Ismail Sabri the Best PM Since 2009, Calls Out PMX for Lack of Urgency with Reforms

In conjunction with the upcoming 2nd anniversary (24 November) of Anwar Ibrahim’s administration, The Coalition for Clean and Fair Elections,...

Announcement

Latest Videos



TRENDING TODAY