TAKING GOLD ABROAD.

Press, Volume LXVIII, Issue 20493, 11 March 1932, Page 16

TAKING GOLD ABROAD.

TO THE EDITOR OF THE FKESS. Sir,—Not wishing to have the same, experience as the Makura's passengers, who had their sovereigns taken from them, I would; like to know what gold one can take abroad, and what is the

penalty if caught with gold in excess of that amount? What is the best way to carry money abroad? Is tlio Chief■ Post Office, London, a sufficient address" to leave, friends hero to send letters to, or are there various Chief Post- Offices there to which correspondence might go, and thus be lost or mislaid? Thanking; you.—Yours, etc., • • MOA. March 9th; 1932. . [To take gold coin out of New Zealand is strictly prohibited, but can bo done if, on-- application the Minister for Finance grants a< permit for a stated amount to be taken. Regulations lay down that visitors to Australia from New Zealand may take with them silver coins to the value ot .£5, or such larger sum.as the Minister may permit; or £lO, or suq)i larger sum as the Minister permits, if; the person is going to Europe by the'direct route, without transhipment. As tp the best way to carry money abroad the agent for an oversea passenger shipping company advises that the best and safest way is for Moa to go to his bank and have a talk-with the accountant and arrange for aworlrl traveller's Letter of Credit. Tnis will prove a good letter Af introduction to bankers in otlier parts of the world. "Moa" is advised, if he happens to be running short-of funds, not to exhaust his Letter of Credit, but to keep some amount, if only £l, m credit: thilt will help to maintain contact with his banker in New Zealand. The Ohristchurch Post Office authorities vise that it w;ould be better to have correspondence addressed care of High Commissioner's Office, New. Zealand Government Offices, 415 Strand, don, W.C.2, rather than to the General Post -Office.--London.}