Cash limits to Carry

hotlatte

Hi,

I am travelling to Spain and was wondering if there was an official source to confirm how much hard cash in Euros is a person allowed to carry on the flight into Spain.

Many thanks

Voyager2002

I can't remember the source, but I do know that if you carry ten thousand or more Euro (or sterling equivalent) then you have to declare it to Customs. No-one in their right mind would take that much money in cash, so unless you run a money-laundry the question is not of practical importance.

hotlatte

Hi , not taking that much only about 2k spending money

fifeken

hotlatte wrote: »

Hi , not taking that much only about 2k spending money

Be aware that even though amounts above 10K have to be declared, any amount above £1K leaves you open to question and the money liable for confiscation if you can't prove the source. Make sure you have ATM slips or a withdrawal note or something similar showing a (legitimate) source of the cash.

PeacefulWaters

Cash is so 19th century.

http://www.moneysavingexpert.com/travel/travel-credit-cards

Biggles

PeacefulWaters wrote: »

Cash is so 19th century.

http://www.moneysavingexpert.com/travel/travel-credit-cards

And expensive to get from a bureau de change! I usually have maybe €50 left over from my last trip, which will do me for taxis etc till I can get to the first ATM. And I try and come home with around €50 left over for the same reason.

The most I'll carry in my pocket is €100 (or even £100 in this country).

Alan_Bowen

Never take more cash than your insurance policy will cover in case of loss or theft, usually £300 or £500 maximum

benjus

Voyager2002 and fifeken:

We are still in the EU for now, and there is no requirement to declare any amount of currency taken in or out of the UK from/to another EU country. Spain has the same rules.

spiro

benjus wrote: »

Voyager2002 and fifeken:

We are still in the EU for now, and there is no requirement to declare any amount of currency taken in or out of the UK from/to another EU country. Spain has the same rules.

The HMRC rules open to you questioning and possible confiscating of cash over £1000 if you can't provide evidence of a legitimate source of the cash. Obviosuly if you can subsequently prove the source you get it back.

leylandsunaddict

I'd also be concerned about insurance for that cash in case it was lost or stolen. Most travel policies only have a very minimum cash cover. I've seen them as low as £100 but generally around £300. £500 is high cash limit.

eDicky

spiro wrote: »

The HMRC rules open to you questioning and possible confiscating of cash over £1000 if you can't provide evidence of a legitimate source of the cash. Obviosuly if you can subsequently prove the source you get it back.

This can happen, but you will not have violated any legal requirement to declare it as long as you are not leaving the EU.