How much cash can you take when traveling abroad to avoid a fine?

Summer vacations are here for millions of tourists in our country, and many of them choose to travel abroad on these dates. Although within the European Union we have the euro, and in all countries there are facilities to change the currency in case of traveling outside the community space, there are those who prefer to prevent and carry cash, whether euros or another currency, to travel.

Although it is the era of contactless cards and mobile phones, there are those who, for security or convenience reasons, prefer to carry cash, it must be taken into account that there is a maximum amount that the authorities allow to carry cash from one country to another. another, so it is necessary to know these limits so as not to get a scare when crossing the border.

How much can be carried maximum in cash?

Regulation (EU) 2018/1672 of the European Union is clear in this regard, and sets the standard for the entry or exit of cash from the European community space. The objective of this regulation is to fight against money laundering and illegal activities, and establishes that, at most, travelers can take up to 10,000 euros in cash without presenting the corresponding documentation at customs.

In the event of carrying a greater sum of cash, it must be declared to the authorities of the EU member state from which you are leaving or entering, as published by BBVA. In addition, said amount cannot be carried in a signed check either, since these are considered cash.

Fines of up to half of the money transported

In case of traveling with more than 10,000 euros in cash, it has legal consequences: firstly, the money will be withheld until its origin is determined. In addition, whoever takes it will be fined with penalties ranging from 600 euros to half the amount found in the most serious cases (especially if it is detected that there was a clear intention to hide the money).

In these cases it is always advisable to consult the regulations of the countries when it comes to restricting the entry of amounts in cash before traveling to the country.