Bank of Canada Polymer Banknotes from China
Unused genuine CAD polymer banknotes issued by the Bank of Canada in various denominations with security features. These have recognized face value as legal tender in Canada. Classified under HTS 4907.00.00.00 as banknotes.
Duty Rate — China → United States
17.5%
Rate breakdown
9903.03.0110%Except for products described in headings 9903.03.02–9903.03.11, articles the product of any country, as provided for in subdivision (aa) of U.S. note 2 to this subchapter
9903.88.157.5%Except as provided in headings 9903.88.39, 9903.88.42, 9903.88.44, 9903.88.47, 9903.88.49, 9903.88.51, 9903.88.53, 9903.88.55, 9903.88.57, 9903.88.65, 9903.88.66, 9903.88.67, 9903.88.68, or 9903.88.69, articles the product of China, as provided for in U.S. note 20(r) to this subchapter and as provided for in the subheadings enumerated in U.S. note 20(s)
Import Tips
• Currency admitted duty-free but file FinCEN Form 104 for imports ≥$10,000; maintain chain of custody records
• Authenticate via central bank serial number verification; counterfeits subject to seizure/forfeiture
• Declare as 'unused banknotes for monetary purposes' to qualify for simplified entry procedures