Cash / Currency → Malaysia

MYR 10,000 or equivalent must be declared

Details

Malaysia's Anti-Money Laundering, Anti-Terrorism Financing and Proceeds of Unlawful Activities Act (AMLATFPUAA) requires declaration of cash or bearer monetary instruments equivalent to USD 10,000+ on arrival or departure. Non-declaration is an offence under Section 28 of AMLATFPUAA with fines up to RM 3 million or up to 5 years imprisonment. Use Form FMCD-2 at customs.

Quantity limit

MYR 10,000 / USD 10,000

Documentation required

• Customs declaration form

Legal reference

Anti-Money Laundering Act 2001

Leaving with this item

Malaysia requires declaration of MYR 10,000 or USD 10,000 equivalent on departure. Export above declaration threshold requires Bank Negara Malaysia (BNM) approval.

Practical advice

Declare cash or monetary instruments worth USD 10,000 or more (or MYR equivalent) to Royal Malaysian Customs on arrival or departure via the BC1 currency declaration form. Undeclared amounts above the threshold are seized; the AMLA penalty is up to MYR 1 million and 5 years imprisonment.

Customs authority

Royal Malaysian Customs Department (RMCD) · https://www.customs.gov.my