Declaration Requirements
If you are entering or leaving Singapore carrying a total value of Physical Currency and Bearer Negotiable Instruments (CBNI) exceeding S$20,000 (or its equivalent in a foreign currency), you are required by law to make a CBNI declaration (Form NP 727) by submitting a full and accurate report online to the Singapore Police Force. You must declare the CBNI whether you are carrying it for yourself or on behalf of others, and whether you are travelling alone or with other persons.
It will be an offence under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act 1992, if you fail to submit a full and accurate report. You could face:
- A fine of up to S$50,000 or imprisonment for up to 3 years, or both
- The CBNI may be seized and/or confiscated, upon conviction
- Physical currency refers to coins and printed money.
- Bearer Negotiable Instrument (BNI) refers to any of the following:
- A traveller's cheque
- Any negotiable instrument[1] that is in bearer form, indorsed without any restriction, made out to a fictitious payee or otherwise in such form that title there to passes upon delivery, and includes a negotiable instrument that has been signed but with the payee's name omitted
[1] A negotiable instrument refers to an instrument (such as a bill of exchange, cheque pay to “Cash”, cheques with “or bearer” not crossed out, promissory notes, bearer bonds, money orders and postal orders) representing a sum of money the title to which can be freely transferred between parties.
Information Required
You will need to provide the following for the CBNI declaration (Form NP 727):
- Personal particulars
- CBNI type, currency, and amount
- CBNI source
- Recipient (if applicable)
Procedure
Please submit the CBNI declaration (Form NP 727) online within 72 hours before your arrival in or departure from Singapore via any of the following options:
- e-727 e-Service
- MyICA Mobile application (download the official app for free from the App Store for iOS or
Google Play for Android) - "Submit Cash (CBNI) Declaration" option after completing your SG Arrival Card (SGAC)
Retrieve or Void Your Submission
You may access the e-727 e-Service to retrieve or void your submitted declaration (within 14 days from the date of submission) by providing the following:
- Report number
- NRIC/FIN/Passport number
- Email address provided during the submission
If there is any change in the details (including travel dates) in your submitted CBNI declaration, you must void the submitted declaration and resubmit a new declaration. Failing to do so may constitute the making of a false report.
Refer to the e-727 Form Guide for step-by-step instructions on how to submit, retrieve, or void your CBNI declaration.
For further queries or assistance, please email [email protected].
FAQs
After you have successfully submitted a CBNI declaration (Form NP 727) online, you should keep a copy of the CBNI declaration summary page. You will also receive an acknowledgement email with key details of your CBNI declaration online submission. Both the copy of the declaration summary page and the acknowledgement email can be provided to ICA officers for verification of your submission, if required at the respective immigration checkpoints. Alternatively, you can retrieve and keep a copy of your online CBNI declaration as proof of your submission.
You must submit one CBNI declaration (Form NP 727) online each time you enter or leave Singapore carrying more than S$20,000 (or its equivalent in foreign currency) in CBNI.
There is no restriction to bringing in and taking out any type or amount of CBNI. This reporting requirement is part of the efforts to combat international money laundering and terrorism financing. You may visit the Singapore Police Force website for more information:
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