carrying cash abroad

moe_sizlak

was wondering , what is the maximum amount of cash one is allowed carry through an airport when travelling to another country , ive heard its 5000 euro

Rhonda9000

There is no single rule that you may have heard someone making up. States often impose limits of the national currency which may be brought out of the country. With regard to walking through nothing to declare with rakes of cash and no explanation I'm sure there are different rules applicable in each jurisdiction. Perhaps ask your travel agent regarding customs in the place you are travelling to.

moe_sizlak

Rhonda9000 wrote: »

There is no single rule that you may have heard someone making up. States often impose limits of the national currency which may be brought out of the country. With regard to walking through nothing to declare with rakes of cash and no explanation I'm sure there are different rules applicable in each jurisdiction. Perhaps ask your travel agent regarding customs in the place you are travelling to.

i seriously doubt a travel agent would know what is legal and what is not as regards carrying cash through an airport but thanks anyway

johnnyskeleton

moe_sizlak wrote: »

i seriously doubt a travel agent would know what is legal and what is not as regards carrying cash through an airport but thanks anyway

They probably would - it's their business to know such things. If you know what country in which you wish to hypothetically enrich with your cash, look it up on their embassy website under customs. Lonely Planet usually has this kind of info as well.

Capt'n Midnight

there are limits on how much cash you can carry out of this country

possibly the euro equilivant of £10,000

Ruu_Old

There is a limit of $10,000 for bringing into the US, otherwise it has be declared. Not sure if that helps or not.

lynchie

If you are entering or leaving the EU, any amount over 10,000 euro must be declared. Within the EU, there is no limit.

Electric

Council Regulation (EC) No 1889/2005 on controls of cash entering or leaving the Community states that anything over €10,000 in cash, checks or other negotiable instruments must be declared to customs.

You must declare the owner of the cash, the intended recipient of the cash, the intended use, the amount and nature of the cash, the transport route and the means of transport.

Failure to comply with the obligations imposed under this Regulation may mean that the cash be detained in accordance with the conditions laid down under national legislation.

This Regulation has been in force since June 2007

Owen

I recently bought £13500 cash through Cork Airport without a bother.

Electric

It's the usual stuff about bringing stuff through customs. Everyone knows that you are just waived through the nothing to declare channel.

However if you were stopped then you would face some very sticky questions. This control of cash regulation feeds into the new Anti-Money Laundering Directive and the EU Financial Sanctions regime

lynchie

ned78 wrote: »

I recently bought £13500 cash through Cork Airport without a bother.

but if you flew into Cork airport from another EU country, then you had no obligation to declare it. Only if you arrived from outside the EU would you be required to declare it.

Capt'n Midnight

lynchie wrote: »

but if you flew into Cork airport from another EU country, then you had no obligation to declare it. Only if you arrived from outside the EU would you be required to declare it.

http://travel.excite.co.uk/travel/guides/europe/ireland/Currencyhttp://travel.excite.co.uk/travel/guides/europe/ireland/Currency

Currency restrictions
There are no restrictions on the import of local and foreign currencies. The export of local currency is restricted to 190.46 and of foreign currency notes up to &Euro;634.87 or up to amount imported.

http://www.itw.ie/business/guidance.php3

Current exchange rates for Irish Punts

Currency restrictions: Import: No restrictions on import of local or foreign currencies. Export: Limit of IR£150, or the equivalent of IR£1200 in foreign currency. Any more than this can be changed into travellers cheques which can than be freely exported. Non-residents can export any foreign currency up to the amount imported and declared.

lynchie

Capt'n Midnight wrote: »

http://travel.excite.co.uk/travel/guides/europe/ireland/Currencyhttp://travel.excite.co.uk/travel/guides/europe/ireland/Currency


http://www.itw.ie/business/guidance.php3

Those export restrictions only apply when leaving the EU.