Customs will notify the authorities that you have more than the amount designated, to guard against money laundering. Example: http://ec.europa.eu/taxation_cus

Customs will notify the authorities that you have more than the amount designated, to guard against money laundering. Example: http://ec.europa.eu/taxation_customs/customs/customs_controls/cash_controls/index_en.htm http://ec.europa.eu/taxation_customs/customs/customs_control...