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Old Mar 19th 2010, 11:15 am   #1
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Default How Much Cash Can You Fly With?

Is there a limit as to how much cash I can take back to the UK on my person?

Ive recently sold a car in Spain and wish to buy another in the UK ,I`d rather not use banks due to fees and time scales etc.
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Old Mar 19th 2010, 11:26 am   #2
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Default Re: How Much Cash Can You Fly With?

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Originally Posted by Rotor View Post
Is there a limit as to how much cash I can take back to the UK on my person?

Ive recently sold a car in Spain and wish to buy another in the UK ,I`d rather not use banks due to fees and time scales etc.
Don't think there is a limit although over a certain amount (10000 euros?) you may have to declare it and may have to prove that it is yours...bank book, record of car sale etc. Of course whatever the amount, depending on Customs, you may still have to prove it is yours.
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Old Mar 19th 2010, 11:28 am   #3
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Default Re: How Much Cash Can You Fly With?

If you are travelling within the EU there is no limit and no obligation to declare it.

However in the UK HMRC can, at any time anywhere, ask you to explain any amount of cash over £1000 so be prepared for this and have some proof of where the money came from.
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Old Mar 19th 2010, 12:57 pm   #4
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Default Re: How Much Cash Can You Fly With?

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Originally Posted by Fred James View Post
If you are travelling within the EU there is no limit and no obligation to declare it.

However in the UK HMRC can, at any time anywhere, ask you to explain any amount of cash over £1000 so be prepared for this and have some proof of where the money came from.
I have seen notices at airports in Spain stating that sums over 6000 euros must be declared at customs or risk confiscation.
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Old Mar 19th 2010, 1:35 pm   #5
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Default Re: How Much Cash Can You Fly With?

See here

http://www.direct.gov.uk/en/TravelAn...heUK/DG_173289

and here

http://europa.eu/legislation_summari.../l25069_en.htm
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Old Mar 19th 2010, 8:46 pm   #6
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Default Re: How Much Cash Can You Fly With?

I know someone that had 30,000 confiscated because he couldn`t account for it with paperwork.
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Old Mar 20th 2010, 9:54 am   #7
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Default Re: How Much Cash Can You Fly With?

Yes I know someone travelling with that sort of money to buy property over here and they were given a very hard time.

I think Spanish banks now have to askquestions if you tryand pay cash into your account over a certain amount (6k?)

The days of dealing in serious cash are over ?

No problem for me!
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Old Mar 20th 2010, 11:41 pm   #8
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Default Re: How Much Cash Can You Fly With?

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Originally Posted by spainrico View Post
I think Spanish banks now have to askquestions if you tryand pay cash into your account over a certain amount (6k?)
That was always the case even in the days of the Peseta. Used to be 1,000,000 Pesetas which equates to 6,010.12€. Not just banks either; all transactions, cash or otherwise, of 1,000,000 Pesetas or over are supposed to be declared to Hacienda at the time of the transaction.
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Old Mar 21st 2010, 6:16 pm   #9
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Default Re: How Much Cash Can You Fly With?

Quote:
Originally Posted by spainrico View Post

I think Spanish banks now have to askquestions if you tryand pay cash into your account over a certain amount (6k?)

The days of dealing in serious cash are over ?
Its the same in the UK, due to money laundering regulations. Not sure of the exact limit, but for your own safety when paying in large cash amounts its worth noting the source of the cash on the paying in slip and counterfoil. Then if at some time in the future the taxman asks questions, you can easily look back and show exactly where it came from.
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