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Maximum $10,000 In Cash To Be Permitted When Entering Armenia - Cent

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  • Maximum $10,000 In Cash To Be Permitted When Entering Armenia - Cent

    MAXIMUM $10,000 IN CASH TO BE PERMITTED WHEN ENTERING ARMENIA - CENTRAL BANK

    February 24, 2014 | 15:39

    YEREVAN. - The maximum amount of cash money with which entry into
    Armenia will be permitted has been reviewed in the context of the
    Customs Union (CU).

    Daniel Azatyan, Director of the Financial Monitoring Center of the
    Central Bank of Armenia, stated the aforesaid at a press conference
    on Monday.

    According to Azatyan, the respective amount is EURO 15,000 at present.

    "The $10,000 limit is set for the CU and various countries, alike;
    that's why the reviewing of our limit is expedient for us, too,"
    he informed.

    And if someone enters Armenia with a greater cash amount, he will
    have to submit additional documents.

    Just as in the past, the aforementioned limit is applicable solely for
    the cash amounts entering Armenia. In the case of movable property,
    however, the State Revenue Committee specifies the calculation of
    this property's customs charge as well as the necessary payments of
    its customs duties and value added tax.

    News from Armenia - NEWS.am

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