When we go on vacation, especially abroad, we are often tempted to withdraw a large sum of liquid silver To avoid exorbitant exchange rates. But everything is not allowed if you travel at the start or from France. After a certain sum, a declaration to customs becomes compulsory, under penalty of heavy sanctions.
With what amount can you travel?
The circulation of cash capital is subject to strict monitoring, in particular within the framework of the fight against money laundering, tax fraud and the financing of terrorism. For this reason, France, like most European countries, requires a compulsory declaration from a certain threshold. Any natural person, whether resident or not, must declare to customs any transport of cash equal or greater than € 10,000 (or the equivalent in foreign currency) during a border passage, whether at the entrance or exit of French territory. This threshold concerns species (tickets, parts), but also gold (bruises, parts), and Bearer negotiable instruments Like checks, travel checks, order tickets or even mandates.
This obligation applies to both individuals and legal persons (companies, associations), even if money is not their direct property. Faced with customs, it is the one who travels with the funds that is required to make the declaration.
How to make a statement?
In the improbable case (but not impossible), or you would need to travel with more than € 10,000 in cash on you, you should take some precautions, and above all, to declare what you transport. Either online, via the Dalia service, accessible on the French customs site. The form can be completed from 30 days before the trip and up to the border. Either on site, by filling out a paper form with the customs service, at the time of entry or exit from the territory.
The declaration must be complete and spontaneous. Any omission, a false declaration or unpresentation of the transported money exposes you to sanctions. Count until 50 % of the amount transported not declaredand the entry of all of the cash in the event of an offense. It is therefore better to anticipate the process, especially if you travel with significant sums for family or professional reasons. Also keep a copy of your declaration, it may be requested during subsequent checks.
In any case, remember that traveling with a large sum of liquid money is not prohibited, but strictly supervised. From € 10,000, customs declaration is an essential step to avoid heavy sanctions.
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