Background & Purpose

To prevent money laundering and illegal financial activities, the government identified a need for better oversight of large cash movements between EU countries. Previously, these internal borders had fewer controls compared to borders outside the EU.

The Decision

The parliament decided that anyone moving cash worth 10,000 euros or more across an internal border must declare it, and gave Swedish Customs the authority to enforce this rule.

Does this affect you?

  • Cross-border travelers: Individuals traveling between Sweden and other EU countries who must now be prepared to declare large sums of cash.
  • Cash-intensive businesses: Companies that frequently transport physical currency across borders and must now ensure they follow the new reporting procedures.

In Practice

  • You must report if you are carrying 10,000 euros or more in cash when crossing an internal border.
  • Swedish Customs has the legal right to stop and check travelers to ensure they have declared their cash.
  • Failure to report the required amount can lead to consequences as the rules are now legally binding.
  • The new rules apply specifically to movements between Sweden and other EU member states.