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Incoming/Outgoing - Cash Control
Travellers – Incoming/Outgoing – Cash Control

Α. Passengers travelling to or from third countries or other member States of the European Union.

Β. Unaccompanied cash entering or leaving to or from thirdcountries or other member States of the European Union.

1. Legal Provisions

• Regulation (EU) 2018/1672 of the European Parliament and of the Council of 23 October 2018 on controls on cash entering or leaving the Union and repealing Regulation (EC) No 1889/2005. The Control of Cash Entering or Leaving the Union and the Exercising of Intra – Union Cash Controls Law No. 63(I) of 2022.

2. Introductory

Any natural person entering the Republic of Cyprus coming from a third country or from another member state, or leaving the Republic of Cyprus for a third country or for another member state, carrying cash of a value of ten thousand (€10.000) euro or more, shall declare that sum in writing to the competent Customs Officer during his arrival or departure.

Where unaccompanied cash of a value of €10.000 (ten thousand euro) or more is entering or leaving the Republic of Cyprus, the competent Customs Officer of the Customs may require the sender or the recipient of the cash, or a representative thereof, as the case may be, to make a disclosure declaration within a deadline of 30 days.

Both the Regulation and the Law aim at assisting the efforts made at EU level, to tackle the phenomenon of criminality by combating money laundering and terrorism financing.

3. Who must make a declaration

A declaration should be made by any person entering or leaving the Republic of Cyprus at the entry or exit points of the Republic of Cyprus who carries:

• Cash equal or greater than €10.000 (ten thousand euro) in currency, bearer-negotiable instruments, coins with a gold content of at least 90% and bullion such as bars, nuggets or clumps with a gold content of at least 99,5%.

4. By whom the disclosure declaration for unaccompanied cash is required

A competent officer of the Customs at the entry or exit points of the Republic of Cyprus may require the sender or the recipient of the cash, or a representative thereof, as the case may be, to make a disclosure declaration within a deadline of 30 days for:

• Unaccompanied cash equal or greater than €10.000 (ten thousand euro) in currency, bearer-negotiable instruments, coins with a gold content of at least 90% and bullion such as bars, nuggets or clumps with a gold content of at least 99,5%.

5. Where the declaration should be made

The declaration should be completed by the passenger and submitted to Customs at the control point through which the passenger enters or leaves the Republic of Cyprus.

The sender or the recipient of the unaccompanied cash, or their representative, should complete the disclosure declaration and submit it to Customs at the control point entry or exit points of the Republic of Cyprus.

6. What are the consequences in case of failure to declare or of an uncompleted or false / untrue declaration?

In such case:

• An offence is committed
• The involved person is liable to be arrested
• The cash will be seized
• The person is liable to imprisonment not exceeding three years or a fine not exceeding €100.000 (one hundred thousand euro) or to both such penalties upon investigation of the case.
• The Director of Customs & Excise has the authority to compound the offence committed.

7. Forms

1) Cash Declaration
2) Cash Disclosure Declaration
3) Cash Declaration – Additional sheet
4) Cash Disclosure Declaration – Additional sheet
5) Privacy statement for Data protection

For more information, you may write to the following address:
E-mail: headquarters@customs.mof.gov.cy



Related Attachments:
Download Acrobat Reader File Cash Declaration (Size: 720,35 Kb)
Download Acrobat Reader File Cash Declaration – Additional sheet (Size: 742,38 Kb)
Download Acrobat Reader File Cash Disclosure Declaration (Size: 875,07 Kb)
Download Acrobat Reader File Cash Disclosure Declaration – Additional sheet (Size: 640,75 Kb)
Download Acrobat Reader File Privacy statement for Data protection (Size: 139,77 Kb)


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