Persons carrying large amounts of cash or equivalent monetary instruments when entering the European Union or traveling between member countries must declare them in order to prevent money from illegal business activities or crimes from being freely imported.
Rules on cash and cash equivalents when traveling within the European Union
When traveling between two countries of the European Union, you are obliged to orally declare cash or cash equivalents to the customs officers if they amount to €10,000 or more.
The following monetary instruments are subject to this requirement
- Cash money (coins and bills)
- Securities (stocks, bonds, checks including traveler’s checks, money orders, bills of exchange, promissory notes, cashable interest coupons)
- Precious metals
You’ll find detailed information on the obligation to declare cash and cash equivalents when traveling within the European Union here.
When traveling to or from non-EU countries
If you are traveling from an EU country to a country outside the EU or vice versa, you must declare cash and cash equivalents to the customs service if they amount to 10,000 euros or more. This declaration must be made in writing to the responsible customs office.
When arriving from a non-EU country, you must submit the written declaration at the first customs inspection point (the designated red exit for declarable goods). When departing for a non-EU country, please watch for the signs showing the way to the responsible customs office or ask which customs counters you can submit your written declaration to. You must submit the declaration prior to passing through the security checkpoint.
The monetary instruments that must be declared are
- Cash (coins and bills)
- Savings books
- Traveler’s checks
- Money orders
- Bills of exchange
- Promissory notes
- Payable interest coupons