17 May 2017
INDONESIA: Carry-In Foreign Currency to be Capped at US$75,000
Visitors to the country are to be restricted to bringing in a maximum of US$75,000 in foreign currency. The new limit, set by the country’s central bank, will apply as of 5 March 2018. At present, there are no restrictions on the amount of physical currency that may be carried in by arrivals from overseas, although all sums above US$7,500 should be declared to customs officials.
The introduction of the cap is line with the 2015-mandated ban on the use of foreign currency in domestic transactions. For further details see Indonesia Bans Use of US Dollar for Settlement of Domestic Transactions.