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Incoming and outgoing monetary resources in Brazil

Incoming and outgoing monetary resources

Individuals who enter the country or leave it with national or foreign currency funds in an amount exceeding R$ 10,000.00 (ten thousand reais) or its equivalent in other currencies, shall submit to the unity of the Internal Revenue Service which has jurisdiction over the place of their entry into the country or their departure from the country, statement of the values in kind checks and "traveler's checks" that is carrying, as prescribed by law.