Obligation to declare cash in amounts of EUR 10,000 or more entering or leaving the EU
All travellers entering or leaving the European Union with €10,000 or more in cash must declare the sum to Customs from 15 June 2007. This initiative has been taken to assist the efforts being made at EU level to tackle crime and improve security by cracking down on money laundering, terrorism and criminality.
German Customs Information
The importation and exportation of certain goods is restricted and possible only under certain conditions (e.g. previous permission). More information on the website of the German Customs Administration.
The Federal Minister of Finance directs the Federal Ministry of Finance in line with the policy framework defined by the Federal Chancellor. As a member of the German Government, the Federal Minister of Finance is responsible for all aspects of German financial and tax policy as well as the basic thrust of economic policy.
The central priority of economic policy - and therefore of the Federal Ministry of Economics and Technology - is to lay the foundations for economic prosperity in Germany and to ensure that this prosperity is spread broadly throughout the population.