In Hong Kong, passengers can bring Hong Kong dollars, US dollars, RMB and other currencies into and out of the country. According to Hong Kong's Currency and Foreign Exchange Ordinance, passengers carrying more than HK$ 654.38+200,000 or equivalent in foreign currency must declare to the customs. Those who bring more than HK$ 200,000 or equivalent foreign currency cash out of the country must also declare to the customs. Passengers who fail to declare or report may be fined or investigated for criminal responsibility.
In addition, Hong Kong's Law on the Prevention of Money Laundering and Criminal Funds also stipulates that when passengers bring more than 1000 Hong Kong dollars or equivalent foreign currency cash into the country, they must declare to the customs and show legal proof of the source of funds. Those who bring more than HK$ 50,000 or equivalent foreign currency cash out of the country must also declare to the customs and show proof of legal sources of funds.
To sum up:
The Regulations on Carrying Cash in and out of Hong Kong is an administrative regulation of the Government of the Hong Kong Special Administrative Region on carrying cash in and out of Hong Kong. Passengers carrying more than a certain amount of cash into or out of the country must declare to the customs and pay the corresponding taxes. Passengers who fail to declare or report may be fined or investigated for criminal responsibility. At the same time, in order to prevent money laundering and criminal funds from flowing into Hong Kong, when passengers bring more than a certain amount of cash into the country, they also need to show proof of legal sources of funds.
Legal basis:
Article 10 of the Regulations on the Administration of Currency and Foreign Exchange: Passengers carrying cash of HK$ 654.38+200,000 or more or equivalent in foreign currency must declare to the customs.
Article 10 of the Currency and Foreign Exchange Regulations: Passengers must declare to the customs if they bring more than HK$ 200,000 or equivalent foreign currency cash out of the country.
Article 20 of the Law on the Prevention of Money Laundering and Criminal Funds: Passengers who bring more than HK$ 654.38+0000 or the equivalent in foreign currency into the country must declare to the customs and show proof of legal sources of funds.
Article 20 of the Law on the Prevention of Money Laundering and Criminal Funds: When passengers leave the country with cash exceeding HK$ 50,000 or equivalent in foreign currency, they must declare to the customs and show their legal proof of the source of funds.