ECM 13 : Import and Export of Currency Notes, Bills of Exchange, Assurance Policies,
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A traveller (resident and non-resident) was freely allowed to import or export any
amount of ringgit notes or foreign currency notes, which are on his person or in
his baggage. |
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Export of foreign currencies requires approval. |
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Authorised dealers were allowed to import any amount of ringgit notes, subject to
reporting on a monthly basis to Bank Negara Malaysia. |
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A resident traveller is permitted to import :
- Ringgit notes up to RM1,000 only; and
- Any amount of foreign currencies.
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A resident traveller is permitted to export :
- Ringgit notes up to RM1,000 only; and
- Any amount of foreign currencies up to the equivalent of RM10,000.
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A non-resident traveller is permitted to import :
- Ringgit notes up to RM1,000 only; and
- Any amount of foreign currencies.
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A non-resident traveller is permitted to export :
- Ringgit notes up to RM1,000 only; and
- Foreign currencies up to the amount of foreign currencies brought into Malaysia.
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Prior approval is required for the import and export of ringgit notes and the export
of foreign currency notes, other than as permitted above. |
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Transitional Provision |
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Up to September 30, 1998, permission is given to a traveller (resident and non-resident)
to import any amount of ringgit on his person or in his baggage. |
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