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When you arrive in Canada with Can$10,000 or more in your possession, you must report it on the CBSA Declaration Card (if one was provided to you), on an Automated Border Clearance kiosk or a Primary Inspection Kiosk, or in the verbal declaration made to a border services officer.
Banks sell a variety of monetary instruments, such as bank checks or drafts, cashiers checks, money orders, and travelers checks.
When leaving Canada by air with currency or monetary instruments valued at CAN$10,000 or more in your possession, you must report to the CBSA office within the airport before clearing security. Prior to leaving Canada by land, boat or rail, report to the CBSA office nearest your location.
31 CFR 1010.100 (dd) defines monetary instrument as: Incomplete instruments (including personal checks, business checks, official bank checks, cashiers checks, third-party checks, promissory notes, and money orders) signed but with the payees name omitted.
If you are sending $10,000 or more or its equivalent in a foreign currency from Canada by mail, you have to complete Form E667 and include it with the item being mailed, and mail or submit a completed copy of Form E667 to the nearest CBSA office at the same time or before you mail the package.
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Travelling with $10,000 or more Any time you enter or leave Canada, you must declare any money or monetary instruments, such as stocks, bond or cheques, you are carrying valued at $10,000 or more.
If you bring more than $10,000 USD you have to notify customs and fill out a Report of International Transportation of Currency and Monetary Instruments (FinCEN 105). Its very important to know that this means any form of cash that equals $10,000 USD.
Any time you enter or leave Canada, you must declare any money or monetary instruments, such as stocks, bond or cheques, you are carrying valued at $10,000 or more.

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