Cash from UK

AA-Snake


Joined: 13/08/2008
Posts: 7

Message Posted:
26/08/2008 13:14

Does anyone know the maximum sum of sterling cash you can physically bring with you to TRNC when travelling out by plane?

paul90


Joined: 07/11/2007
Posts: 350

Message Posted:
26/08/2008 13:20

From HMRC web site:

From 15 June 2007, if you are travelling to or from a country outside the European Union (EU), you will need to declare any sums of cash of 10,000 Euro or more (or the equivalent in another currency) to HM Revenue & Customs (HMRC).



You do not need to declare cash if you are travelling to or from another EU country.

AA-Snake


Joined: 13/08/2008
Posts: 7

Message Posted:
26/08/2008 13:23

Thanks Paul, so if it is less than 10000 euros or equivalent then thats ok? and is that per person?

TRNCVaughan


Joined: 27/04/2008
Posts: 4578

Message Posted:
26/08/2008 13:25

HMR&C classes TRNC as not being in the EU for some purposes, but maybe not all.

paul90


Joined: 07/11/2007
Posts: 350

Message Posted:
26/08/2008 13:28

If you fly to Ercan with less the equivalent of €10000 per person you need not declare it at UK airport. Declare it if it is more.

If you fly into Larnaca you need not declare any amount at UK airport.

stevie-d



Joined: 13/07/2007
Posts: 1420

Message Posted:
26/08/2008 17:20

I flew to Ercan 2 yers ago with £20,000 in a money belt ,cusoms asked me what it was for showed them paperwork for my property that I was buying, also reciept from the bank and they were quite happy.

Oxoners


Joined: 24/01/2008
Posts: 128

Message Posted:
26/08/2008 17:22

How much can you take out the country at ercan

ttoli


Joined: 24/03/2007
Posts: 1172

Message Posted:
26/08/2008 18:28

$10,000 without prior approval, chance it and you risk confiscation and jail

jock1



Joined: 06/01/2008
Posts: 3786

Message Posted:
26/08/2008 18:34

We arrived at larnca on sunday morning we could have gone through with any amount of money as no one asked any questions about money, also they did not bother to much with passport's.

paul90


Joined: 07/11/2007
Posts: 350

Message Posted:
26/08/2008 18:42

Of course, since the ROC is in the EU they are not legally entitled to question you about any money you might be bringing in.

paul90


Joined: 07/11/2007
Posts: 350

Message Posted:
26/08/2008 18:47

But of course, if you cross the border from the ROC to TRNC then you must declare any amounts over €10000 to the ROC customs.

However I assume they probably never stop you at the border and question you.

jock1



Joined: 06/01/2008
Posts: 3786

Message Posted:
26/08/2008 19:04

You are stopped at the border but nobody ask's any questions..........

Oxoners


Joined: 24/01/2008
Posts: 128

Message Posted:
27/08/2008 00:53

is the limit per person or per couple, ie can husband and wife take 10,000 each out of the county

flightholiday


Joined: 19/07/2007
Posts: 3217

Message Posted:
27/08/2008 14:09

The limit is per person - the restriction is to do with money laundering. It does not matter what currencies but the limit is for the global sum you carry.



If you want to take more you should declare it to customs.



It is always a risk carrying large sums as your insurance will probably not cover you for the loss so why not transfer it to a bank (assuming you have one in North Cyprus)

cyprusishome


Joined: 31/03/2007
Posts: 2381

Message Posted:
27/08/2008 15:51

Does not matter what the allowance is for none declaration customs can still stop and question anyone at anytime. Same as alchol and ciggies, it is only an allowance and not a right.



I would never dream of carrying a large some around, what if it got stolen you would def. not be insured.



Far easier to transfer on line or cable transfer. Surely better a small charge than loosing the lot.

colly


Joined: 31/07/2008
Posts: 297

Message Posted:
27/08/2008 18:40

http://customs.hmrc.gov.uk/channelsPortalWebApp/channelsPortalWebApp.portal?_nfpb=true&_pageLabel=pageVAT_ShowContent&id=HMCE_PROD1_026096&propertyType=document



You can take more but I would take a receipt to prove that it has not got a dodgy back ground, it must be declared.

Col

colly


Joined: 31/07/2008
Posts: 297

Message Posted:
27/08/2008 18:42

insert above (if going outside EU)