FINCEN Form 105 Archives | Customs & International Trade Law Blog

CBP Sued Over Mandatory Hold Harmless Release Agreement

Did you know that when Customs and Border Protection (CBP) decides to release goods that were seized by CBP, it requires that you sign a Hold Harmless Release Agreement, as a prerequisite to receiving goods, which prevents you from filing suit against the government (for example for wrongfully detaining your goods)? Well this is a common practice among CBP and now a class action lawsuit is being brought against CBP for this practice.

How Did This Lawsuit Come About?

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By Jennifer Diaz|2021-11-03T15:29:02-04:00May 18, 2018|Counterfeits, Currency Seizure, International Law, International Trade, IPR, Trademarks and Logos, Seizures, U.S. Customs and Border Protection (CBP)|2 Comments

Can I Bring in More Than $10,000 to the United States When Travelling? / ¿Puedo Viajar Con Más De 10,000 Dólares A Los Estados Unidos?

I'm coming back into the United States and I need to bring in more than $10,000. I heard that you are not allowed to bring that much money into the U.S. when you travel. Am I allowed to bring in more than $10,000 to the U.S. when I travel? The simple answer to this question is: YES.

By Jennifer Diaz|2021-11-10T14:53:15-05:00January 10, 2012|Best Practices, Currency Seizure, Seizures, U.S. Customs and Border Protection (CBP)|41 Comments

Help! U.S. Customs Took My Money at the Airport / ¡Ayuda! La Aduana de los Estados Unidos Incautó Mi Dinero en el Aeropuerto

You may legally carry or mail any amount of money you want into or out of the United States, but if it is more than $10,000 at one time, you better first report it to U.S. Customs and Border Protection. Otherwise, you risk U.S. Customs taking it from you, and never getting it back. Why? Because the failure to report the international transportation of money is a violation of the Currency and Foreign Transaction Reporting Act.

By Jennifer Diaz|2021-11-10T15:11:00-05:00February 1, 2010|Currency Seizure, Seizures, U.S. Customs and Border Protection (CBP)|121 Comments