Movement of cash

  • When do I need to declare cash?
    If you plan to enter or leave the European Union with 10,000 euros or more in cash, you must declare it to Customs spontaneously (1).
    When you are travelling within the European Union, you don’t have to declare spontaneously. During a control by Customs while you are travelling within the European Union, you may be asked about any large sums of cash money that you are holding. When you are travelling with 10,000 euros or more, you are required to submit a declaration. (2)
    This declaration of large sums of cash money contributes to the efforts made to enhance security by cracking down on money laundering, terrorism and criminality.
    1) Council Regulation (EC) 1889/2005.
    (2) Belgian Royal Decree of 26 January 2014 on supervisory measures for the physical cross-border transportation of currency.
  • How and where shall it be declared?
    The declaration shall be submitted at the place where you leave or enter the European Union. Belgians travelling to South America via Madrid must submit the document at that last-mentioned place. The Belgian document is available at the customs services. As is the case for documents of the other EU Member States, it can also be found on the website http://ec.europa.eu/eucashcontrols.
  • Abscence of the declaration and penalties?
    If you are responsible for the import or export of 10,000 euros in cash without having submitted any declaration, you committed a customs offence for which fines can be imposed.
    In any case, the customs services will draw up a report of findings for the Public Prosecutor’s Department. On that basis, the Prosecutor can decide to open a money laundering investigation.
  • Who must submit the declaration?
    Any person entering or leaving the European Union with 10,000 euros or more in cash, must submit a declaration. That also applies when you are carrying cash money from or for any other person or legal person (e.g. the company for which you are working). When you are travelling in group or with children, the rule applies individually.
  • What comes under the notion "cash money"?
    • Banknotes and coins (Foreign currencies will be converted into euro) ;
    • Traveller’s cheques and other bearer cheques ;
    • Letters of credit and cash bonds.
    All means of payment mentioned above will be added up in order to determine whether the limit of 10,000 euros is reached.