Algeria – We reveal to you, in this new issue of Sunday, December 11, 2022, the amount in authorized currency that residents and non-residents will be able to transport.
Like every traveler in the world, the Algerian citizen can carry a sum of money in currency during his travels. However, there is a specific amount of currency allowed that a traveler can take to and from Algeria. We will reveal it to you later in this article.
Thus, you should know that in terms of importing or exporting amounts in currency, you must limit yourself to the authorized amount. This, is in order to avoid the risk of being sanctioned.
This is why each traveler must imperatively declare to customs the sum he wishes to transport abroad. As for the money that the person concerned must declare when entering the national territory, it is from 1,000 euros (or their equivalent in other currencies) that this formality is compulsory.
Concerning the exit from the national territory, the traveler can take with him foreign banknotes or traveler’s checks. Knowing that we are here faced with two scenarios. So, we’ll start with the residents.
They are required to present a bank debit advice for sums less than or equal to 7,500 euros (or their equivalent in other currencies). If, on the other hand, the sum exceeds 7,500 euros, (or their equivalent in other currencies). If, on the other hand, the sum exceeds 7,500 euros, here the traveler must provide authorization from the Bank of Algeria. This is what the Djalia Dz media reports.
What about our residents?
Thus, foreigners, they are obliged to present a bank receipt. This will certify “the exchange of part or all of the sum in foreign currency (exceeding 1,000 euros)”. This provided that the said sum “is declared at the entrance to the national territory”. That’s not all!
You should also know that resident travelers are the only ones authorized to export and import Algerian banknotes. And this, within the limit of the amount of 10,000 Da.
Any act that does not comply with the aforementioned rules is punishable by law. Indeed, the false declaration or default constitutes an offense. This will, of course, expose the person responsible for criminal prosecution.
It may, in detail, be a term of imprisonment ranging from two to seven years. Or a fine equal to or greater than the amount of the offense. That’s not all! The person responsible may also have the means used for the fraud confiscated. This was reported by the same source already mentioned.
