Ecuador's regulations on the import and export of currency are strict, and non-compliance can lead to severe penalties, including fines and even imprisonment. It's important to declare any cash exceeding the permitted amount accurately and honestly, as customs officials in Ecuador are known to conduct thorough inspections and use sophisticated detection methods.
Failure to declare cash or attempting to conceal it can result in the seizure of the excess funds and potential legal consequences. Therefore, it's crucial to abide by the regulations and declare all cash within the prescribed limits when entering or leaving Ecuador.