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I'm planning a trip to UK from United States, I have a question,

How much cash I can keep with me, is there any legal maximum limit ?

I'm a US resident

Really appreciate your help,

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    Which country or countries are you going to? Currency restrictions vary widely around the world. May 29, 2017 at 23:11
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    You can bring an unlimited amount of money from the US to UK, but if it is over $10,000 you need to report it US-side and if it is over €10,000 (around $11k) you will also need to report it to customs on arrival in the UK. help.cbp.gov/app/answers/detail/a_id/195/~/… gov.uk/bringing-cash-into-uk
    – Ivan McA
    May 30, 2017 at 7:00

1 Answer 1

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There is no legal maximum limit. However, each country requires that large amounts of currency (or currency equivalents) be declared to the proper authorities upon entry and exit, with harsh penalties for failure to make such a declaration.

For the United States, this amount is $10,000. Even though you will not pass through a customs check on your way out of the country, it is your legal obligation to go to the customs office and make a declaration if necessary. For the United Kingdom, the amount is €10,000. If you're flying through any other countries, you should review the relevant rules, as there may be requirements there too.

However, traveling with that much cash, or even large amounts significantly below the declaration limit, is inadvisable. It could easily be lost or stolen. It's also unusual behavior, and the authorities could suspect that you are involved in criminal activity, especially if you cannot readily prove a lawful source of the funds. Large amounts of cash could attract the attention of US law enforcement, who might seek to seize it. While this is all rather unlikely, it all makes the use of bank accounts a far better choice.

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    I have been pulled over on the way into the plane and specifically asked by US customs if i had more than $10,000 so it is something that does occasionally get checked. Note credit cards do not count towards the limit.
    – PeterI
    May 30, 2017 at 8:12

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