There is no limit to the amount of cash you can take from the UK to Cyprus, but you must declare amounts exceeding €10,000 to customs upon arrival.
For those who require additional information
Travellers from the UK to Cyprus may wonder how much cash they are allowed to bring with them. According to the Cyprus Ministry of Finance, there is no limit to the amount of cash that travellers can bring from the UK to Cyprus. However, if the value exceeds €10,000, it must be declared to the customs authorities upon arrival in Cyprus.
It is important to note that failing to declare any amount exceeding €10,000 could result in fines and even criminal penalties. It is always best to be transparent and declare any large sums of cash to avoid any legal issues.
One interesting fact to note is that carrying large sums of cash is becoming less popular as electronic payments are becoming more prevalent. In fact, a recent survey found that 30% of UK adults now rarely carry cash, and 25% carry less than £5 on them at any one time.
Here is a table summarising the rules on bringing cash from the UK to Cyprus:
| Amount of cash | Declaration |
|---|---|
| Less than €10,000 | No declaration required |
| More than €10,000 | Must be declared to customs upon arrival |
In the words of the Founding Father of the United States, Benjamin Franklin: “A penny saved is a penny earned.” This quote rings true in today’s increasingly cashless society, where more people are opting for digital payments in order to save and manage their money more effectively.
Related video
The video provides options for transferring money from the UK to Cyprus, including Azimo, TransferGo, and WorldRemit. The video emphasizes that these options offer fast, cheap, and secure transfers, and viewers are encouraged to comment with any other reliable options for sending money abroad.
There are several ways to resolve your query
There are no restrictions on the import or export of local or foreign currency. However, amounts exceeding €10,000 or equivalent must be declared at customs, regardless of whether you’re travelling to or from a country inside or outside the European Union.
€10,000
If you’re travelling to a non-EU country from the UK, you must declare cash of €10,000 or more, or the equivalent sum in pounds. This rule applies to cheques and bankers’ drafts, as well as notes and coins. You can use the HMRC form C9011 to declare cash, or you can get a copy at the airport or port.
If you’re travelling to a non-EU country from the UK, you must declare cash of €10,000 or more, or the equivalent sum in pounds. This rule applies to cheques and bankers’ drafts, as well as notes and coins. You can use the HMRC form C9011 to declare cash, or you can get a copy at the airport or port.
Also, people ask
How much cash can you take to Cyprus?
In reply to that: EUR 10,000
Republic of Cyprus:
There are no capital restrictions in the Republic of Cyprus. As with other EU countries, travelers to Cyprus must declare cash sums greater than EUR 10,000 upon arrival.
How much cash can you take on an international flight UK?
£10,000
You must declare cash of £10,000 or more to UK customs if you’re carrying it between Great Britain (England, Scotland and Wales) and a country outside the UK. If you’re travelling as a family or group with more than £10,000 in total (even if individuals are carrying less than that) you still need to make a declaration.
Similar
How much cash can I carry from UK to USA?
Response will be: $10,000
International travelers entering the United States must declare if they are carrying currency or monetary instruments in a combined amount over $10,000 on their Customs Declaration Form (CBP Form 6059B) and then file a FinCEN Form 105.
How much cash can you carry on a plane internationally?
As an answer to this: $10,000
You need to declare it when traveling internationally
It’s legal to travel with more than $10,000 in the United States and abroad. You have the right to travel with as much money as you want. However, during international travel, you need to report currency and monetary instruments in excess of $10,000.
How to send money from Cyprus to the UK?
The reply will be: Once the ID check is done, you can secure an exchange rate if you wish. To send money from Cyprus to the UK, it is the Euro to Pound exchange rate that matters. Whenever you’re ready, a bank or money transfer specialist will quote you their latest EUR to GBP rate. You are not obligated to accept that rate if the time is not right for you.
How much cash can you take out of the UK?
Response: Before you travel, it pays to learn how much cash you can take out of the UK and whether transferring it online beforehand may be a better choice. How much cash can you travel with? You can take up to £10,000 out of the UK in cash. If you are bringing more than this into or out of the UK, you must tell HM Revenue & Customs.
What if I plan to enter the EU with €10 000 in cash?
As a response to this: If you plan to enter or leave the EU with €10 000 in cash (or its equivalent in other currencies) or carry one or more of the commodities listed below (to the value of €10 000) y ou must declare it to the customs authorities in the EU country you are entering or leaving, using the EU cash declaration form. EU rules define cash as:
What currency is used in Cyprus?
As an answer to this: The currency of Cyprus is the Euro. You can use ATMs, debit and credit cards as normal. If you’re found with fake euro banknotes the police will be called and you may be prosecuted. Several British nationals have been convicted and imprisoned for possession of fake euros. There are some simple checks you can make before accepting notes:
How to send money from Cyprus to the UK?
Once the ID check is done, you can secure an exchange rate if you wish. To send money from Cyprus to the UK, it is the Euro to Pound exchange rate that matters. Whenever you’re ready, a bank or money transfer specialist will quote you their latest EUR to GBP rate. You are not obligated to accept that rate if the time is not right for you.
How much cash can you take out of the UK?
As an answer to this: Before you travel, it pays to learn how much cash you can take out of the UK and whether transferring it online beforehand may be a better choice. How much cash can you travel with? You can take up to £10,000 out of the UK in cash. If you are bringing more than this into or out of the UK, you must tell HM Revenue & Customs.
What if I plan to enter the EU with €10 000 in cash?
The response is: If you plan to enter or leave the EU with €10 000 in cash (or its equivalent in other currencies) or carry one or more of the commodities listed below (to the value of €10 000) y ou must declare it to the customs authorities in the EU country you are entering or leaving, using the EU cash declaration form. EU rules define cash as:
What currency is used in Cyprus?
The currency of Cyprus is the Euro. You can use ATMs, debit and credit cards as normal. If you’re found with fake euro banknotes the police will be called and you may be prosecuted. Several British nationals have been convicted and imprisoned for possession of fake euros. There are some simple checks you can make before accepting notes: