Sandy Ingram

You cannot exchange foreign currency without your passport [at an international airport].  The amount determines reporting requirements.  The limit is $10,000 per transaction per day.  Therefore to exchange $100,000 you would need to exchange currency for approximately 10 days.  The same hold true when activating transaction over $10,000 at your local bank.  Many time small foreign currency exchange services will report the transaction [to the IRS] even if it’s under  $10,000…