Maximum cash deposit

Information and questions about the Law in Spain and Andalucia.
ashtondav
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Maximum cash deposit

Postby ashtondav » Wed Apr 05, 2017 2:32 pm

I have two or three friends who have returned from Spain with sizable amounts of cash in €s.

Does anyone know if there is a limit on the amount of euros i can bring in to the country (from the UK), and deposit into my account in one go. I think the amounts would be close to €4,000

Mike Lytt
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Re: Maximum cash deposit

Postby Mike Lytt » Wed Apr 05, 2017 4:43 pm

You can quite legally carry up to €10k within E.U countries without declaring it.
Paying into the bank here would depend on the bank, how well they know you eyc etc....and rule of thumb above €5k the bank is obliged to ask you for proof of where the money came from. But Spain being Spain everything is a bit vague and open to interpretation.
http://ec.europa.eu/taxation_customs/in ... ontrols_en

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costakid
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Re: Maximum cash deposit

Postby costakid » Wed Apr 05, 2017 8:54 pm

2500 euros now and they ask questions. If you have nothing to hide it doesn’t matter.


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