How much cash can we carry to UK and Schengen area from India?

  • Will be traveling with my family of 4 to UK and Spain, although we have set up foreign currency cards in GBP and Euro, can we carry cash with us? If yes, how much and does it require some sort of declaration, etc.?

    Didn't we already have a question like this?

    Not exactly a dupe as this one is asking about Schengen as well beyond UK, even if in the end it all turns out to be EU regulation.

    @mts There was one for Schengen as well.

    @mts Being a duplicate of _two_ questions looks a lot like "too broad", too.

    could you also link the schengen dupe please? best to close as dupe of both

  • Jon Story

    Jon Story Correct answer

    5 years ago

    As much as you like

    It's your money, we don't care how much you bring with you: the more you bring, the more you can spend, we're fine with that.

    However there are two important things to note

    1. You must declare any amount over €10,000 (this applies to the UK as well as the EU, noting that the currency is still Euros when entering the UK! This would be the equivalent of ~£7,800 today, and this has caught people out before who were expecting £10,000 not €10,000). If you don't declare your money, it may be seized and you can be fined up to £5,000 (UK, but there are similar repercussions elswehere). Seriously, I can't stress this enough, declare it.
    2. You may be expected to explain both where you got the money from, and what you intend to do with it, if the amount is unusual for the purposes of your trip.

    Note specifically that the €10,000 limit applies to a combination of all currencies you bring. eg if you have €5,000, £2,400, and $2,300, that would total over €10,000. Equally if you bring $11,400, that alone is over €10,000. Keep a close eye on the exchange rate in the run up to your trip if there's any chance of you getting close to the limit!

    Generally, bringing more than a few thousand in cash is likely to be viewed somewhat suspiciously. You'll likely be allowed through customs with it if you have a reasonable explanation (eg if you're a family of 8 and the father brings €10,000 to pay for a 2 week holiday), but you'll draw far more attention than you need or want.

    Unless you absolutely need hard currency, consider bringing travellers cheques and credit/debit cards instead, for the bulk of your funds. It's worth having a few days funds on you in cash, but there's little reason to bring thousands of pounds/euros to the UK/EU.

    Note that the €10,000 limit is per person, but I'd suggest that if you have more than this as a group, you declare it anyway to avoid any misunderstandings. Declaring just says "Hi, Customs, I'm being open and honest about this", so that they can ask any questions they may have.

    With customs: if in doubt, declare it!

    UK Reference, of which much is based on EU law. Please double-check my information, though, as I can't guarantee any of it - particularly for non-UK destinations.

    It might be a good idea to stress that the regulation applies to *any currency or combination of currencies* of which the value is over €10,000. For example, if you bring more than approximately USD 11,400 (at today's exchange rate), you need to declare that too. Similarly, if you have GBP 2600, EUR 3400, and USD 3800, you would need to declare that.

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Content dated before 7/24/2021 11:53 AM