In likne with the treaty on the procedure for transporting cash and (or) cash instruments by individuals across the customs border of the Customs Union of 5 July 2010 (hereinafter referred to as the Treaty) no restrictions are applied to the export and import of cash and (or) traveller’s checks from and to the customs territory of the Customs Union. An equivalent of USD10,000 in cash and (or) traveller’s checks has to be declared in written form by filing in a passenger customs declaration to the full extent of the imported cash and (or) traveller’s checks.
One-time export or import of cash and (or) traveller’s checks as large as an equivalent of USD10,000 or under the sum can be declared in written form if the natural person desires so.
The import of cash instruments excluding traveler’s checks has to be declared in written form by filing in a passenger customs declaration.
Two copies of the additional form of the passenger customs declaration have to be filled in if the total worth of cash and (or) traveller’s checks exceeds the equivalent of USD10,000 or if cash instruments are transported. No permissions are required to import and export cash in this case.
In line with the Treaty cash is recognized as currency notes such as bank notes and treasury notes, coins except for coins made of precious metals and in circulation in the Customs Union member states or a foreign country (a group of foreign countries) including currency notes, which are no longer in use or which have to be removed out of the circulation. Cash instruments are recognized as traveller’s checks, bills of exchange, checks (bank checks), securities in documentary form that certify the obligation of the issuer to pay out cash assets without identifying the receiver.