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Declaration of currencies, coins, negotiable monetary instruments, precious metals or precious stones

Reference CodeDescription
06Declaration of currencies, coins, negotiable monetary instruments, precious metals or precious stones 

Controls :

  1. All passengers arriving/departing in/from any GCC State shall declare to customs any currencies, coins, negotiable monetary instruments, precious metals or precious stones  exchangeable  into cash money in their possession, which exceed the permitted limit.
  2. All institutions (banks, exchanges, money remittance offices) shall abide by the procedures for declaring currencies, coins, negotiable monetary instruments, precious metals or precious stones  exchangeable  into cash money, irrespective of imported/exported  amount of cash or money instruments.
  3. Threshold of the currencies, coins, negotiable monetary instruments, precious metals or precious stones  exchangeable  into cash money to be declared shall be specified as the GCC States may agree.
  4. Currencies, coins, negotiable monetary instruments, precious metals or precious stones  exchangeable  into cash money , imported/transiting through consignments or postal parcels carried by licensed carriers for the interest of companies or natural persons, shall be declared to customs.
  5. Licensed companies shall follow the customs clearance procedures, as well as the declaration procedures.
  6. Foundations may not import currencies, coins or  negotiable monetary instruments, unless authorized to do so by the competent body in the GCC States.
  7. Customs administrations may use and implement electronic systems to facilitate declaration and electronic exchange procedures.
  8. The customs office may request translation of the foreign      invoices/documents into Arabic. 

Procedures:

1. Arriving/departing passengers shall declare to customs any currencies, coins, negotiable monetary instruments, precious metals or precious stones exchangeable into cash money in their possession. 

  1. Based on risk assessment, the customs officer shall verify the information on the declared  currencies, coins, negotiable monetary instruments, precious metals or precious stones, after entering  them in the automated system and stamping the Declaration Form with the customs seal, he shall give the passenger a copy of the Declaration Form and allow him to enter/exit the country.
  2. Companies shall fill out the said  Declaration Form  and complete the other customs procedures.
  3. Customs Offices shall communicate the details of  the Declaration Form  to the competent authority.
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