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A new European Union (EU) law on travellers declaring cash has come into force.
People who are either entering the UK from a non-EU country, and are carrying 10,000 Euros (approx. GBP 7,000) or more (or the equivalent in other currencies) will be required to declare the cash to HM Revenue & Customs (HMRC) at the place of arrival in the UK.
Forms on which to make the declaration will be available at ports or airports. Travellers could face a penalty of up to £5000 if they fail to comply with the obligation to declare, or provide incorrect or incomplete information.
Note that "Cash" not only means currency notes and coins but also bankers' drafts and cheques of any kind (including travellers' cheques).
There is no need to be concerned about this new regulation - just remember to fill in the form correctly!
International» Our location» Travel Information for International students» Customs Procedures: Cash Declarations
