for in coin form and cross the border? A Currency Trader is a person whom buys foreign currency as an investment hoping the price will change so the trader makes profit when the trader trades back currency again.
A Currency Trader is completely legal and the trading process is usually done electronically and not physically because it is quick and easier than collecting the trade physically.
My question is if being a Currency Trader, can i legally obtain my foreign money in 'coin' form (because the metal is reliable compared to an electronic number) and then cross the border back to the United States with the traded coins.
For example-
Lets say that I want to trade $1,000 USD for Canadian Currency but i want physical Nickels instead of electronic numbers.
I think that it sounds reasonable because a trade is a trade, and shouldn't matter if i want to spend the extra gas collecting the extra weight of $1000 worth of Canadian Nickels to take home or not.
Serious answers please. Thank you.
A Currency Trader is completely legal and the trading process is usually done electronically and not physically because it is quick and easier than collecting the trade physically.
My question is if being a Currency Trader, can i legally obtain my foreign money in 'coin' form (because the metal is reliable compared to an electronic number) and then cross the border back to the United States with the traded coins.
For example-
Lets say that I want to trade $1,000 USD for Canadian Currency but i want physical Nickels instead of electronic numbers.
I think that it sounds reasonable because a trade is a trade, and shouldn't matter if i want to spend the extra gas collecting the extra weight of $1000 worth of Canadian Nickels to take home or not.
Serious answers please. Thank you.