Sending and receiving money overseas

If you mail or ship physical currency in Australian or foreign currency with a combined value of A$10,000 or more out of Australia you must declare it to an Australian Border Force officer, police officer or directly to AUSTRAC. You must do this before sending the currency out of Australia.

If you receive physical currency in Australian or foreign currency with a combined value of A$10,000 or more from outside Australia, you must submit a report to an Australian Border Force officer, police officer or directly to AUSTRAC within five business days of getting it.

• Individuals can download the Cross Border Movement – Physical Currency (Mailing) form for declaring mailed or shipped physical currency.
• Reporting entities should make cross border movement reports through their AUSTRAC Online account.

Individuals don’t need to declare:

• bearer negotiable instruments that you mail or ship or that you receive via mail or shipping
• money that you transfer overseas through a bank or a remittance service provider (money transfer business).