South Korean traveler loses undeclared cash to Taiwan customs

Focus Taiwan
Date: 2016/02/17
By: Bien Chin-fen and Elizabeth Hsu

Taipei, Feb. 17 (CNA) Taiwan customs officers confiscated the equivalent of 201602170024t0001roughly US$33,500 from a South Korean woman who was departing the country Wednesday with a large amount of undeclared cash, according to the Aviation Police Bureau (APB).

The APB said the woman Lee Mi Young was carrying an undeclared sum of 5 million Japanese yen (US$43,500) in her hand luggage, and customs officers at Taoyuan International Airport seized 3.82 million yen (US$33,500), in accordance with Taiwan law.

The law requires passengers and transportation service personnel traveling in and out of the country to declare foreign currency valued at more than US$10,000, or if they are carrying more than 20,000 Chinese yuan.

Under the law, Lee was left with the equivalent of US$10,000, while the remaining sum was confiscated.     [FULL  STORY]

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