Currency restrictions on entry/exit to Norway
I am traveling from the US to France, but my flight has a short lay-over in Oslo; can someone explain the currency restriction for entry/exit and whether it applies to travelers passing through.
Edit - Thank you for the answers! I was indeed asking about the money question, and am happy to hear it is a max not a min, as I'm traveling on a shoestring!
Best Answer
When entering or leaving Norway with more currency than the equivalent of NOK 25,000 (appr. USD 3,000), you have to provide a declaration to the Norwegian customs. You can find a more detailed description of the procedure at their web page on this subject.
If you are only transiting between international flights in Oslo, you are however for the purpose of custom's regulations not entering Norway. As you are transiting to an intra-schengen flight to France, you will go through immigration check in Norway, but not through customs.
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Quick Answer about "Currency restrictions on entry/exit to Norway"
- VACCINATIONS: None.
- CURRENCY RESTRICTIONS FOR ENTRY: 25,000 Norwegian Kroner (or equivalent), not including traveler's checks.
- CURRENCY RESTRICTIONS FOR EXIT: 25,000 Norwegian Kroner (or equivalent), without prior approval.
How much cash can I take out of Norway?
There are limits to the amount of currency you can carry into or out of Norway. This is currently set at 25,000 Norwegian Krone (about \xa32,500). If you bring any more than this into the country, you must declare it to Customs on arrival.What is a currency restriction for exit?
There is no legal maximum limit. However, each country requires that large amounts of currency (or currency equivalents) be declared to the proper authorities upon entry and exit, with harsh penalties for failure to make such a declaration. For the United States, this amount is $10,000.What is a currency restriction for entry and exit?
International travelers entering the United States must declare if they are carrying currency or monetary instruments in a combined amount over $10,000 on their Customs Declaration Form (CBP Form 6059B) and then file a FinCEN Form 105.Can you use Euros in Norway 2022?
No. Norway is not a member of the EU and so would not be eligible to use the Euro.HOLIDAY PAY IN NORWAY | How is feriepenger calculated | How does holiday pay work in Norway?
More answers regarding currency restrictions on entry/exit to Norway
Answer 2
You are not entering Norway, so you are not subject to any currency restrictions; however you will be crossing into Schengen so you'll pass through immigration.
However, to combat money laundering any combination of currency that is in excess of EUR 10,000 (when converted) should be declared at your final destination.
If you do not declare it and are caught later, you may end up forfeiting the entire amount (not just the value greater than 10,000 EUR).
The relevant regulation (PDF) has the following to state about it:
Any natural person entering or leaving the Community and carrying cash of a value of EUR 10 000 or more shall declare that sum to the competent authorities of the Member State through which he is entering or leaving the Community in accordance with this Regulation. The obligation to declare shall not have been fulfilled if the information provided is incorrect or incomplete.
Further,
‘cash’ means: (a) bearer-negotiable instruments including monetary instruments in bearer form such as travellers cheques, negotiable instruments (including cheques, promissory notes and money orders) that are either in bearer form, endorsed without restriction, made out to a fictitious payee, or otherwise in such form that title thereto passes upon delivery and incomplete instruments (including cheques, promissory notes and money orders) signed, but with the payee's name omitted; (b) currency (banknotes and coins that are in circulation as a medium of exchange).
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