The police said in a statement on April 19 that the move is aimed at making the existing declaration process simpler and more convenient.
Currently, such travellers have to submit a hard-copy form when they enter or leave the country.
This form, known as the Physical Currency and Bearer Negotiable Instruments (CBNI) declaration, will be discontinued on May 13.
Bearer negotiable instruments are items representing a sum of money, the title to which can be freely transferred between parties.
Bu hikaye The Straits Times dergisinin April 21, 2024 sayısından alınmıştır.
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Bu hikaye The Straits Times dergisinin April 21, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
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