Customs confiscate over 40,000 Chinese yuan from two men

Focus Taiwan
Date: 2017/07/02
By: Wu Jui-chi, Chiu Chun-chin and S.C. Chang

Taipei, July 2 (CNA) Customs officials at Taiwan Taoyuan International Airport confiscated more than

Photo courtesy of Taiwan Taoyuan International Airport customs

40,000 Chinese yuan (US$5,900) from two men trying to take the undeclared cash out of the country Sunday, the first such seizure since new anti-money laundering rules went into effect on June 28, officials said.

A 47-year-old man surnamed Wang was found to be carrying 30,330 yuan before boarding a China-bound flight, exceeding the legal limit of 20,000 yuan. Customs officials confiscated the outstanding 10,330 yuan from Wang.

The other incident involved a 44-year-old man surnamed Lin, who was found with 54,900 yuan in cash. The “extra-legal” 34,900 yuan was also impounded.

Both men claimed they did not know about the new rules, but Customs urged the public to “understand the relevant rules” before heading to the airport to avoid falling foul of the customs authorities.
[FULL  STORY]

Leave a Reply

Your email address will not be published. Required fields are marked *

I accept the Privacy Policy

This site uses Akismet to reduce spam. Learn how your comment data is processed.