How to travel with huge sum of money?
I know that carrying it in my bag or wallet or whatever is a bad idea, but placing it on a credit card would raise questions to authorities as it was old peoples' inheritance from "under the bed."
I would be traveling from Latvia to Sweden, Norway and Netherlands, and the currency is Euros.
I'm not trying to evade taxes - it's money saved up throughout a few decades and not by me. I simply inherited it.
Best Answer
When you carry cash with you on an airline trip, you should take some very basic steps to keep from becoming a victim of theft, or from losing your money by accident.
1.Avoid traveling with large amounts of cash.
2.If you have to take cash, keep it in a carry on bag.
3.Never put your cash, financial instruments, or precious metals in a checked bag.
4.Keep your cash and other valuables out of public view.
5.Keep your baggage and belongings in sight when passing through a security checkpoint.
6.If your carry on baggage must be searched, insist on keeping your bag in sight.
7.If asked about the amount of money in your baggage by a TSA agent or other responsible authority, tell the truth.
8.If you suspect that you have been a victim of theft, contact an airport police officer or other law enforcement representative immediately (note that TSA agents are not law enforcement agents)
If you suspect that a TSA screener or other screening area employee has stolen your property, contact a supervisor.
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What happens if you travel with more than 10 000 dollars?
If you bring more than $10,000 USD you have to notify customs and fill out a Report of International Transportation of Currency and Monetary Instruments (FinCEN 105). It's very important to know that this means any form of cash that equals $10,000 USD.Whats the most cash you can fly with internationally?
Just know that anytime you travel internationally with money, you're required to declare any cash over $10,000. You'll have to fill out declaration Form FinCEN 105 and provide the exact amount of money on you. Having to declare more than $10,000 in cash might seem a bit odd.How to Travel Internationally with Money / Cash - The Ultimate Guide
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Answer 2
Yes there are no restriction of holding cash and declare it when traveling in EU countries but I think carrying such a big money during traveling without safety is not a good idea.
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