Departing KSA, traveller must inform competent authorities if they carry more than SAR 60,000 upon arrival.

State be public prosecution on Wednesday that declaration to competent authorities if a traveller (coming or exiting) carrying more than SAR 60,000.

By any means, the traveller should disclose to the competent authorities at the border crossing of Saudi Arabia, not only the monetary amount or anything that is worth more than SAR 60,000 or more. The public prosecution clarified whether the traveller must be competent authorities arrange to transport them outside or inside the kingdom. The item that may have a value of more than SR 60,000 include wrought jewellery, precious stones, coins, precious metals, gold bars, and bearer negotiable instruments.

The public prosecution said the declaration should be submitted to Zakat, Tax and Customs Authority (ZATCA) by everyone if they are going to import, / export any goods from Saudi or to Saudi via shipping, transport, postal services or any other means. In notes, if it exceeds the equivalent SAR 60,000 declaration to authorities, it is required in foreign currencies.

ZATCA has the right to seize the amount of currency from the traveller bearer negotiable on precious goods and a time period of 72 will be allotted if they have any suspicion of crime such as money laundering or a predicate crime said the public prosecution. In addition, the seizures that ZATCA is entitled to confiscate include the cases of amounts that do not reach the SR 60,000 limit and cases of non-declaration or false declaration in accordance with Article (23/1.2) of the Anti-Money Laundering Law in the Kingdom.

ZATCA is applying major rules to calculate the goods imported and exported from the Kingdom. Government plays a major part in boosting their economy by charging few amounts on their imports and exports.Alex Jhon Martin