Here in Canada , ,US, and Mexico ,and even when going from North America to EU , there is a Maximum amount of $10,000.00 or the equivalent in $US that a person is allowed to take along .
This applies to anything that is a monetary instument , like stock certificates etc.
Does this amount apply yo countries in EU ?
Could I take only that amount from ,Austria to Germany ( for instance ) ?
Nick
Is there a limit to cash one can take within the EU Countries
nickjensen
23 July 2018 20:24:54
25
Cynic
23 July 2018 20:39:49
7387
It differs between countries; in the UK, you must declare any cash over 10,000 euro to HM Customs; if you are carrying more, be prepared to explain where it came from and why you are carrying it in cash. If you don't declare it and also don't have a legitimate reason to carry so much cash, then they can take it from you and you will have to explain to a judge what it's for. If you get it back, there is no compensation, you should have declared it.
SimCityAT
24 July 2018 00:54:40
10540
Even transferring large amounts of money via bank to bank, you will be asked questions for the reason. This comes down to the risk of money laundering.
I transferred £170,000 from my UK bank into my Austrian bank account after selling my house and bought a house here and went through hoops. But that was an extreme case as it was a large amount.
This LINK will give more information.
nickjensen
24 July 2018 02:43:37
25
Thank you for the Link , and your experience transferring funds.
In the link you provided , it keeps saying " entering or exiting The EU with 10.000 .or more .
I'm in Canada ,and we have to account for large transactions from bank to bank also , but if we wanted to ,we can carry any amount from province to province .
It is only entering or exiting Canada that there are laws limiting funds to 10,000.00 that can go undeclared to the customs people .
From the link you sent , it seems the EU is much like one big country with all the smaller countries making up the EU much like our provinces here in Canada .
Thank You , Nick
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