I saw this and was wondering how this can be enforced if one simply takes stock shares, bearer bonds, gold coins or any other readily negotiable asset across the border.
You can into sone countries take an unlimited amount of bullion. IN most countries you enter, you are llinited to cash and negotiableinstruments of $10,000 USD or less, or you must declare. Ify9u try to depost a cash or such negotiable instruments at a bank in excess of ten grand, they will refuse to take it without a customs declaration form.
One can electronically transfer millions of bucks across national boundaries between banks without ANY of this problem. Go figure.