Travellers to and from Singapore carrying over S$20,000 must submit online declaration from May 13

SINGAPORE (Bernama): All travellers entering or leaving Singapore carrying Physical Currency and Bearer Negotiable Instruments (CBNI) that value more than S$20,000 or its equivalent in a foreign currency, must submit the necessary declarations electronically with effect from May 13.

The Public Affairs Department of Singapore Police Force (SPF) said the current paper-based declaration will be discontinued on the same date.