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Cyprus Eastern Forum Index » General » Clampdown coming on cash payments of 10,000 and over
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Clampdown coming on cash payments of 10,000 and over 
Post: #1   PostPosted: Thu Feb 15, 2018 3:13 am Reply with quote
Steve - SJD
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Clampdown coming on cash payments of 10,000 and over
By Evie Andreou

The House legal affairs committee on Wednesday launched discussions on
setting a 10,000-ceiling for the cash purchase of vehicles, precious stones
and metals, works of... [
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Steve
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Post: #2   PostPosted: Thu Feb 15, 2018 4:59 am Reply with quote
JIM
Joined: 30 Aug 2005
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Location: Cyprus, Paphos Tremithousa

 
Morning Steve.

Someone will have an answer to this question maybe,

How much cash can you bring out in person from the UK without it being illegal? and also acceptable to the Cypriot Customs?.

Thanks

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Post: #3   PostPosted: Thu Feb 15, 2018 5:26 am Reply with quote
spanner
Joined: 07 Aug 2008
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JIM wrote:
Morning Steve.

Someone will have an answer to this question maybe,

How much cash can you bring out in person from the UK without it being illegal? and also acceptable to the Cypriot Customs?.

Thanks


You can bring out 10,000 in cash from the UK, but only bring in to Cyprus 10,000 equivalent without declaring, and explaining it.

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Post: #4   PostPosted: Thu Feb 15, 2018 6:14 am Reply with quote
JIM
Joined: 30 Aug 2005
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Location: Cyprus, Paphos Tremithousa

 
Thank you....

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Post: #5   PostPosted: Thu Feb 15, 2018 8:09 am Reply with quote
jeba
Joined: 10 Sep 2015
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If they want to ban cash payments they should make sure everyone can get a bank account and do away with transaction fees.
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Post: #6   PostPosted: Thu Feb 15, 2018 11:30 am Reply with quote
journo
Joined: 22 Mar 2009
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spanner wrote:
JIM wrote:
Morning Steve.

Someone will have an answer to this question maybe,

How much cash can you bring out in person from the UK without it being illegal? and also acceptable to the Cypriot Customs?.

Thanks


You can bring out 10,000 in cash from the UK, but only bring in to Cyprus 10,000 equivalent without declaring, and explaining it.


If you have legally acceptable proof of the origins of the cash, then you can declare and bring in any amount on arrival.

If you have legally acceptable proof of the origins of the cash, you can declare and take any amount with you when you exit the country.
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Post: #7   PostPosted: Thu Feb 15, 2018 11:32 am Reply with quote
JIM
Joined: 30 Aug 2005
Posts: 810
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Location: Cyprus, Paphos Tremithousa

 
The wife will have a Lloyds UK bank account receipt, this should do I hope..? Thanks.

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Clampdown coming on cash payments of 10,000 and over 
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