Advertisement

New EU cash laws

by isleofman.com 13th June 2007
New EU laws coming into effect next Friday will stop people carrying suitcases of cash around with them.

The laws limit the amount of cash, bankers' drafts and cheques that can be carried over EU borders, undeclared.

Anybody carrying €10,000 or more will have to declare the cash as they enter or leave the EU, including travellers going to or from the Isle of Man.

The cash declaration scheme comes from the European Parliament under laws that were passed in 2005 to help combat money laundering and the black market economy.

(Image: A file picture of cash in a suitcase).
Posted by isleofman.com
Wednesday 13th, June 2007 07:09pm.

Popular Articles

Upcoming Events

Nobles Parkrun

A free, fun, and friendly weekly 5k community event in Nobles Park.  Walk, jog, run, volunteer or spectate...
30 Nov
View More
Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide