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Money

Posted: Thu Mar 17, 2022 11:56am
7 replies240 views3 members subscribed
Norman2168

Posts: 7

Location: La Marina

Joined: 28 Jan 2020

 Hi all  how much money can u legally take with you to spain. What's  company would you recommend  to transfer money from UK to Spain 

tebo53

Posted: Thu Mar 17, 2022 12:55pm

tebo53

Legendary helpful member

Posts: 2857

2962 helpful points

Location: Benidorm

Joined: 29 May 2018

Posted: Thu Mar 17, 2022 12:55pm

Norman2168 wrote on Thu Mar 17, 2022 11:56am:

 Hi all  how much money can u legally take with you to spain. What's  company would you recommend  to transfer money from UK to Spain 

Hi,

I don't think there is a cash limit when you come to Spain although it may be questioned if you bring in a "suitcase" full as it may be viewed as money laundering. 

There are many members of this forum,  including myself, who use a money transfer company called Wise to transfer money from the UK to a Spanish bank. I've used Wise regularly for 8 years and no complaints. 

www.wise.com 

Steve 

elinspain

Posted: Thu Mar 17, 2022 2:08pm

elinspain

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Posts: 1901

2450 helpful points

Location: La Mata

Joined: 4 May 2018

Posted: Thu Mar 17, 2022 2:08pm

tebo53 wrote on Thu Mar 17, 2022 12:55pm:

Hi,

I don't think there is a cash limit when you come to Spain although it may be questioned if you bring in a "suitcase" full as it may be viewed as money laundering. 

There are many members of this forum,  including myself, who use a money transfer company called Wise to transfer money from the UK to a Spanish bank. I've used Wise regularly for 8 years and no complaints. 

www.wise.com 

Steve 

Hello

 I also have a Wise account..... I had many  problems with Western Union last year, so closed my account, opened one with Wise.com  and did overseas transactions to USA  & UK at Xmas - it was  seamless and  fast....great service.

Cheers

Elinspain

Darro

Posted: Thu Mar 17, 2022 7:24pm

Darro

Helpful member

Posts: 354

333 helpful points

Location: Catral

Joined: 8 Sep 2021

Posted: Thu Mar 17, 2022 7:24pm

This is an EU question not Spanish.

There is no limit to the money you can carry across EU borders.

EU rules permit you you carry up to 10,000€ without informing anyone,  above that you must declare it and prove where it has come from. Even sums under 10,000€ can be questioned though so be prepared to prove where any significant amount has come from if challenged.

Failure to satisfy border authorities that it's legit can result in seizure and confiscation.

Norman2168

Posted: Thu Mar 17, 2022 11:58pm

Norman2168

Original Poster

Posts: 7

Location: La Marina

Joined: 28 Jan 2020

Posted: Thu Mar 17, 2022 11:58pm

elinspain wrote on Thu Mar 17, 2022 2:08pm:

Hello

 I also have a Wise account..... I had many  problems with Western Union last year, so closed my account, opened one with Wise.com  and did overseas transactions to USA  & UK at Xmas - it was  seamless and  fast....great service.

Cheers

Elinspain

Many thanks to all

JanetW67

Posted: Fri Mar 18, 2022 4:29pm

JanetW67

Helpful member

Posts: 229

80 helpful points

Location: Villamartin

Joined: 8 Oct 2020

Posted: Fri Mar 18, 2022 4:29pm

Norman2168 wrote on Thu Mar 17, 2022 11:56am:

 Hi all  how much money can u legally take with you to spain. What's  company would you recommend  to transfer money from UK to Spain 

We always use Currencies Direct yo transfer money from the UK.

Anne330

Posted: Sat Mar 19, 2022 2:41pm

Anne330

Helpful member

Posts: 309

221 helpful points

Location: Villena

Joined: 12 Apr 2018

Posted: Sat Mar 19, 2022 2:41pm

Norman2168 wrote on Thu Mar 17, 2022 11:56am:

 Hi all  how much money can u legally take with you to spain. What's  company would you recommend  to transfer money from UK to Spain 

Wise all the way for us, used to be Transferwise 👍

john 007

Posted: Wed Mar 23, 2022 10:22pm

Posts: 6

Location: La Marina

Joined: 7 Feb 2022

Posted: Wed Mar 23, 2022 10:22pm

 sign up to Currencies Direct uk to currencies direct change to euro at best rate, you in charge  drop it into your Spanish bank

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