3 June 2021 EU legislation enters into force [1], which extend the duties of, among others, people carrying money across the border. If at least 10,000 EUR, the entry and exit from the EU will require a declaration of these measures to the competent customs authorities of Customs and Tax Service or Border Guard authorities. The means of transport don't matter.
Regulation (EU) 2018/1672 extends the responsibilities of persons moving money across borders and border control areas. This concerns the movement of cash in transport, for example money imported into or exported from the Union in postal, courier, cargo or container cargo shipments. The definition of cash has also been extended to include goods used as highly liquid storage measures and prepaid cards.
Person who carries at least 10,000 EUR, When entering or leaving the Union, it must make a declaration of these measures to the competent customs authorities of the Customs and Tax Service or Border Guard. The means of transport doesn't matter.
How to Report Money Transport
Where the transport money is at least 10,000 EUR are imported into or exported from the Union:
- if the declaration is made by a traveller, he is obliged to report the money,
- if the money is sent in consignments - the customs authorities may require the consignor or the consignee or their representative to submit a declaration of release of the money within the time limit, as the case may be 30 days.
Go to the implementing regulation and the model forms on the EUR-Lex website.
Read the information clause of the Head of National Tax Administration for persons filling out declaration forms or disclosures of funds (docx file 18.25 kB)
[1] Regulation (EU) 2018/1672 to 23 October 2018 on the control of cash entering or leaving the Union and repealing Regulation (EC) No 1889/2005 of the European Parliament and the Council of 26 October 2005 on the control of cash entering or leaving the Community.