Information to travellers on cash declaration
What are the rules? Who needs to declare?
If you plan to enter or leave Malta with € 10,000 or more in cash (or its equivalent in other currencies) you must declare it to the customs authorities.
Any person entering or leaving Malta, or transiting through Malta and carrying a sum equivalent to €10,000 or more in cash shall be obliged to declare such sum to the Comptroller, L.N. 149/2007
,article 3. What is cash?
Cash is not only currency. There are other items that are considered cash. In the 'Cash-control Regulation' (see Article 2 of Regulation (EC) No 1889/2005), cash is defined as:
- 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.
- Incomplete instruments (including cheques, promissory notes and money orders) signed, but with the payee's name omitted.
- Currency, i.e. banknotes and coins that are in circulation as a medium of exchange.
How to declare?
If you enter or leave Malta, or transiting through Malta with € 10,000 or more in cash, you must declare it to Customs. You must use the specific EU Cash Declaration Form.
Other Resources European Commision Information on Cash Controls