Spain and the EU regulate how much cash travellers can carry without declaring it Credit : Photo Veterok, Shutterstock
Still carrying cash? Here’s what you need to know. Even in a world ruled by contactless cards and mobile wallets, plenty of people still like having cash on hand.
And honestly, who can blame them? When Spain was hit by a massive blackout on April 28, those with physical money were the ones who managed just fine while everyone else scrambled with card readers and empty ATMs. So yes, digital payments are everywhere, but cash isn’t going anywhere just yet.
That said, if you’re the kind of person who prefers a wad of notes over a chip and pin, there are a few important rules you should know about—especially when it comes to how much you’re allowed to carry without raising any eyebrows from Spain’s tax authorities.
How much cash can you legally carry in Spain without declaring it?
Let’s get straight to the point: there’s no official limit on how much cash you’re allowed to walk around with in Spain. You won’t be stopped just for having €5,000 or even €50,000 in your pocket. But—and it’s a big but—once the amount hits certain thresholds, you’ll need to declare it. Not because you’re doing something wrong, but because the Spanish tax agency, Hacienda, wants to keep things transparent.
If you’re entering or leaving Spain with €10,000 or more, you are legally required to let the authorities know in advance. It doesn’t matter if it’s euros, dollars, another currency or even bearer cheques—if it adds up to ten grand or more, it has to be declared.
Inside Spain, it’s a bit different. You only need to declare cash movements over €100,000 when travelling within the country. So unless you’re moving money like a bank courier, it’s unlikely to affect your day-to-day.
And for those wondering whether the blackout or any other emergency situation would change that—it doesn’t. The rules apply in all circumstances.
Spain’s rules on paying in cash for big purchases
Yes, but only up to a point. While you’re free to carry large amounts of cash, you can’t use it to pay for anything that costs more than €1,000 in a shop or for services. That’s right—even if you have the money sitting in your wallet, you’ll need to use a bank transfer, card, or other traceable method for anything above that threshold.
This rule exists mainly to prevent fraud and money laundering, not to stop people from spending their own money. It’s also one of the ways Spain is nudging people toward more digital transactions, whether we like it or not.
Spain cash declaration rules: What you need to know
Luckily, declaring your cash isn’t complicated or expensive. In fact, it’s completely free. You just need to fill out a form called the S1 declaration, which is available online.
You can find it on the websites of:
All the instructions are there, and you can usually submit it online before you travel or move the money. It’s really about keeping things above board, not about making your life difficult.
And no, you won’t have to pay any extra fees or taxes just because you’re carrying a large amount of cash. The goal is transparency, not punishment.
Is it still safe and legal to carry cash in Spain?
At the end of the day, it’s a personal choice. Some people feel safer knowing they have cash in their pocket ‘just in case.’ Others prefer the ease of a tap-and-go lifestyle. But if you’re someone who still trusts in the power of paper money, just make sure you’re aware of the rules.
Carrying large sums isn’t illegal, but not declaring it when you’re supposed to could land you in hot water—and possibly cost you the cash you’re trying to protect.
In a country where digital payments are growing fast, it’s easy to forget that cash still plays a big role, especially in smaller towns, local markets or among older generations. But with that freedom comes responsibility, and knowing the limits can help you avoid awkward run-ins with customs or the tax office.
So whether you’re stashing some emergency notes for a rainy day, moving money between cities, or heading off on a trip with a bit of extra travel cash, keep the €10,000 (and €100,000) rules in mind, and don’t forget—a simple form can save you a serious headache.
Stay tuned with Euro weekly news for more news from Spain