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Is there any specific limit of money you can carry on cash while flying from one European Union country to another?

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1  
I missed the "L" in "flight" and had a bit of a head-scratch moment. –  Nicholas Apr 16 at 14:52
    
Be aware that some airports have sniffer dogs that can detect large amounts of cash. –  DJClayworth Apr 16 at 16:19

5 Answers 5

up vote 17 down vote accepted

There seems to be no limit as such.

However if you carry more than 10'000 €, you might have to declare it depending on the country.

For example in Germany, you are to declare it when orally asked to do so. For the UK on the other hand, there seems to be no need to do so.

So if you consider taking more than 10'000 €, you should check the rules for the specific country you are flying to.

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Very good answer! I accept it, as it answers exactly the point. I would say that the rules from the departure country should also be considered. –  fedorqui Apr 16 at 13:37
    
True, remember reading a story about some Chinese money launderers who used to buy the old coins thrown away by Bundesbank in bulk, get them to China and repair and then bring them back to Germany in chunks of 9999 EUR –  zencv Apr 17 at 11:18
    
Similar for the Czech Republic. Remember that cheques and valuables (stocks) can also qualify as money. –  tohecz Sep 15 at 0:08
    
In fact, anything that is "equivalent of" 10,000 and can be used as "money" - you should be ready to provide source of funds. This includes stocks, bonds, cashier's checks, precious metals, etc. –  Burhan Khalid Sep 15 at 6:49

Assuming a maximum luggage allowance of 20kg, and that the weight of 1m EUR is about 2kg. Then we are talking about 10 million Euros. :D

Of course that is assuming that you are too poor to pay for extra allowance.

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Hopefully the weight was the problem :) –  fedorqui Apr 16 at 11:07
    
that is a good answer ;-) –  greg121 Apr 16 at 11:11
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Great idea, but you'll never make 20 million Euros with those math skills. :) –  Federico Poloni Apr 16 at 11:21
    
@FedericoPoloni fixed...bah...you could have done the edit yourself :P It was correct to an order of magnitude, which is the maths I was taught. –  Aron Apr 16 at 11:23
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Funny but it might be useful to make the most important point (namely that there is no general limit) explicit and to quote relevant sources. –  Relaxed Apr 16 at 12:53

Apart of regulations mentioned by drat, EU also has anti-money laundering laws. They apply regardless if you travel internationally or not.

The EU directive 2005/60/EC "on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing" tries to prevent such crime by requiring banks, real estate agents and many more companies to investigate and report usage of cash in excess of €15,000

How this directive is implemented in practice depends on each member state.

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This seems unrelated to the travel aspect. I didn't downvote it because it does not seem incorrect but how does it address the question and why did it get more votes than drat's answer? –  Relaxed Apr 16 at 12:45
    
Thanks a lot for the complementary answer. It is quite useful to know that there is a rule on that. Accepting the "original" answer, but also very grateful with this. –  fedorqui Apr 16 at 13:38
    
The laws in individual countries on the use of cash for payments can be more restrictive. For example it is illegal to pay for goods or services in cash of EUR 1000 or more in Italy. In Greece the limit is EUR 1500. See europe-consommateurs.eu/en/consumer-topics/… for details on all EU countries. –  Michael Smith Apr 23 at 2:23

With in the EU there is a freedom of capital moment. However, having said the above you need to know that up to €10.000 cash no questions are asked. For larger amounts like €50.000 or €100.000+ you would be asked to prove the source of that cash. (money laundering regulations). Also you would be asked the reason for moving this kind of money in cash.

As long as you have a legitimate source for that money and a legitimate reason to take that money in another country, I don't see a problem.

Kindly note that for Tax purposes you will have to declare the movement of cash to the customs if you don't declare the cash at the customs and you get caught (most probably you will), you will be in serious troubles. You might even spend a night or two in jail.

Better safe than sorry.

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There is only a reporting limit of 10.000 EUR when entering from outside.

The rules which are actually often misquoted, does not require you to report any cash travelling within the EU

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Hi! Please, do you have sources of this statements? The rules of the Prague airport seem to be different, because even on the in-Schengen terminal, you are required to report 10k+ EUR cash possession. –  tohecz Sep 15 at 0:10
    
That's what the EU rules mandate but it's not forbidden for individual member states to add additional requirements. –  Relaxed Sep 15 at 7:39

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