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Re: Getting stirling from Spain to the UK
Originally Posted by jackytoo
(Post 8530673)
Between accounts is no problem, it has a paper trail. It is cash that is a problem and the initial opening of a bank account. If it's so easy why do you think all these Mayors were found to have so many euro hanging around the house. When I withdrew 26000 euro from a spanish account last year I was taken into an office and given a Bank of Spain form to fill in. Usual identification stuff NIE etc. One of the questions was "What is the Purpose of this cash withdrawal" I said (correctly) to pay for "work on the house".
In the news there are incidences of mayors putting it in their bank account anyway and then years later when they were audited they have been found guilty of laundering illegal funds. The money the OP refers to is legal. It is not illegal to accumulate a lot of savings. Indeed many people have a safe in their homewith a large quantity of cash in - legal or not :). Everyone is within their rights to put their legally gained money in a bank account. The government can ask questions, but they cant take it away from you unless they can prove it is illegal. That is theft. Carrying cash is a different matter as there are EU agreements on how much cash you are allowed to carry on your person when you cross a border. |
Re: Getting stirling from Spain to the UK
Yes we are told it is legal but then why not just call the banks and ask the best way to go about it:)
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Re: Getting stirling from Spain to the UK
Originally Posted by jackytoo
(Post 8530707)
Yes we are told it is legal but then why not just call the banks and ask the best way to go about it:)
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Re: Getting stirling from Spain to the UK
Originally Posted by jackytoo
(Post 8530707)
Yes we are told it is legal but then why not just call the banks and ask the best way to go about it:)
Could nobody see the wood for the trees. Perfect solution;)
Originally Posted by cricketman
(Post 8530715)
well yes, that's what a sensible person would do!
So then, forget changing the money to large notes, rolling them up real tight and shoving them up........................ :rofl::rofl: |
Re: Getting stirling from Spain to the UK
Originally Posted by JLFS
(Post 8530725)
Could nobody see the wood for the trees. Perfect solution;)
So then, forget changing the money to large notes, rolling them up real tight and shoving them up........................ :rofl::rofl: Martina Cole novel , they always fall to bits as soon as you open them. |
Re: Getting stirling from Spain to the UK
Originally Posted by jackytoo
(Post 8530327)
Just checked and you cannot take more than 6000 euro out of Spain. I don't think it matters which currency it is in.
I have done a bit more checking and it seems thatSpain, like Germany, has a rule that any sum over €10000 (or equivalent) must be declared in advance of taking it out of the country. The general EU law allows free movement of cash within the EU but allows individual countries to impose requirements for declaration. This is from the Spanish tax office and just for once is in English. http://www.aeat.es/wps/portal/Detall...B&menu=0&img=0 |
Re: Getting stirling from Spain to the UK
http://spainguides.com/money.html
I assumed it was correct as my bank also told me this...Solbank:confused: Unlike some I don't claim to be an expert but I did believe my bank...the link is the first one I found on google |
Re: Getting stirling from Spain to the UK
I've always found the only way to get accurate information is from government/EU sources like the one I quoted.
The link you gave is for a site that appears to offer some really out of date information. They quote an exchange rate of €1.64 to the pound - I wish! The bank information sounds like it applies to reporting of transactions rather than carrying bags of cash over the border. |
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