The Anti-Money Laundering and Countering Financing
of Terrorism Act 2009 (the Act) requires a report to be
completed by every person who moves cash into or out
of New Zealand, AND the TOTAL VALUE involved is
NZ$10,000 or more (or foreign equivalent).
Cash means physical currency, bearer-negotiable
instruments, or both.
A bearer-negotiable instrument means:
» a bill of exchange
» a cheque
» a promissory note
» a bearer bond
» a traveller’s cheque
» a money order, postal order, or similar order
» any instrument prescribed by regulations under the Act