Cash transfer within and outside the E.U. What rules apply when you enter or leave the EU with cash? If you are carrying cash worth €10,000 or more, or the equivalent in other currencies, you must declare it to the customs authorities of the EU country. entering or exiting. View more + What is considered "liquid assets" according to EU rules? Notes and coins, bearer negotiable securities such as traveler's checks and promissory notes, as well as gold coins with a content of at least 90% are considered cash. View more + Are there new rules on cash declarations in the EU? Yes, from June 3rd 2021, customs authorities have the power to act on amounts below €10,000 if there is evidence that the funds are linked to criminal activity. In addition, non-nominal prepaid cards are also included in the declaration obligations. View more + What happens if you fail to declare cash or provide inaccurate information when entering or leaving the EU? If the information provided is inaccurate or incomplete, or if the funds are not made available for inspection, you may be deemed to have defaulted and face penalties. View more + Can the EU customs authorities to screen people or their luggage for cash? Yes, customs authorities are authorized to check people, their luggage and their means of transport. They can also seize undeclared cash. View more + Is there an obligation to declare cash even when it is sent by post or courier? Yes. View more +
What rules apply when you enter or leave the EU with cash? If you are carrying cash worth €10,000 or more, or the equivalent in other currencies, you must declare it to the customs authorities of the EU country. entering or exiting. View more +
What is considered "liquid assets" according to EU rules? Notes and coins, bearer negotiable securities such as traveler's checks and promissory notes, as well as gold coins with a content of at least 90% are considered cash. View more +
Are there new rules on cash declarations in the EU? Yes, from June 3rd 2021, customs authorities have the power to act on amounts below €10,000 if there is evidence that the funds are linked to criminal activity. In addition, non-nominal prepaid cards are also included in the declaration obligations. View more +
What happens if you fail to declare cash or provide inaccurate information when entering or leaving the EU? If the information provided is inaccurate or incomplete, or if the funds are not made available for inspection, you may be deemed to have defaulted and face penalties. View more +
Can the EU customs authorities to screen people or their luggage for cash? Yes, customs authorities are authorized to check people, their luggage and their means of transport. They can also seize undeclared cash. View more +
