The Form E677 Cross-border Currency or Monetary Instruments Report "Individual - Canada" is a document used to report the transportation of currency or monetary instruments over certain thresholds when entering or leaving Canada. It is required by the Canada Border Services Agency (CBSA) to help monitor and prevent money laundering and terrorist financing activities.
The individual who is carrying or transporting currency or monetary instruments across the Canadian border is responsible for filing the Form E677 Cross-border Currency or Monetary Instruments Report.
Q: What is the Form E677?
A: The Form E677 is a Cross-border Currency or Monetary Instruments Report.
Q: Who is required to complete the Form E677?
A: Individuals in Canada are required to complete the Form E677.
Q: What is the purpose of the Form E677?
A: The Form E677 is used to report the transportation of currency or monetary instruments across the Canadian border.
Q: Is the Form E677 available in both English and French?
A: Yes, the Form E677 is available in both English and French.
Q: Are there any penalties for not completing the Form E677?
A: Yes, there can be penalties for not completing the Form E677 or providing false or misleading information.