Since I've been here, I often hear the question: How much cash can foreigners bring into Nepal? To answer that question, I refer them to the following link's valuable information, for guidance purposes:
TRIBHUVAN INTERNATIONAL AIRPORT
www.tiairport.com.np/page/custom-declaration
with paragraph headed: CUSTOMS DECLARATION ON ARRIVAL FOR FOREIGN NATIONALS
Very possible that most foreigners are aware of the requirements set out therein, section "Information" but there is always the possibility that some foreigners might not, and here, paragraph 3, could not be clearer when it is says:
ON ARRIVAL
3. Travellers are requested to declare foreign currency at red channel if the sum exceeds US$2000 or equivalent
Reason I mention it is because one cannot or should not underestimate the importance of those formalities. Not so long ago, a friend of a friend (a foreigner, first time visitor to Nepal)
1. arrived at TIA airport here and in his case, seemingly and reportedly unaware of these nepali rules and regulations.
2. carrying alleged clean money from private/own family sources
3. made the mistake apparently of taking the GREEN nothing to declare CHANNEL (instead of the RED CHANNEL**)
4. As a result, person was then understandably detained and questioned at the airport by officials there.
5. reportedly sent to Kathmandu jail for several days on grounds this person did not report the foreign currency amount as he should have
6. since then, subsequently released from prison on the firm understanding person in question had to return from his country of origin to face legal proceedings here. No lawyer myself, but more than likely a violation of existing often quoted Foreign Exchange Act and regulations?
7. in the meantime, it is my understanding that the "undeclared sum" or amount over the US$2000 limit was confiscated here by the authorities, pending the outcome of said proceedings. Hopefully, since then, the case will have been resolved.
** Nepalis are very clear on this: Use RED CHANNEL, and declare they advise, whenever a passenger is or may be in any doubt about any possible "dutiable or non dutiable" items.
ON DEPARTURE
And this is my main point here, after foreigners have enjoyed their stay in Nepal and obviously spent money to cover their expenses while here - assuming they did use the RED CHANNEL on arrival - they can just and quite simply produce or show if asked, the Declaration they will have made to Customs when coming into Nepal and have no trouble...to prove they are leaving the country's airport with a smaller amount of those dollars or equivalent in their pocket than when they arrived!
Note: if you are in any doubt about the above, rely exclusively/solely on the advice of your legal person or other advisor and/or check with the Embassy or Consulate of your country.
For information and guidance only, but certainly well worth keeping in mind. And here I am thinking most particularly of foreigners who may not necessarily have a complete command of the english language, nor possess enough facts and information about this country, especially knowledge in advance of strict Customs Rules and Regulations which are in full force here and WILL BE FULLY BINDING ON THEM. As they say, ignorance of the law is no excuse. This is the reason for this posting - a Public Service -