Red Tape for Purchasing Euros

[sneakersjay]

Any of you ladies or gents encounter red tape when purchasing Euros for foreign surgeries?  Basically if you get more than $10K worth the Government wants your ID and underwear size and first born child.  I suppose it doesn't really matter if they have that info or not, I'm not doing anything illegal by taking Euros to Europe, other than I'm already nervous as hell about carrying a boatload of cash on my person.

Thoughts?


Jay

Edited to add that I guess I'm more nervous by alerting the government that I have the cash, with which they can then follow me with my passport and either cause travel issues or who knows maybe someone would  try to rob me.  Paranoia sets in!!  LOL

[Jamie-o]

Can you not pay via bank transfer?  That would be a lot safer than carrying that much cash.  (Though it would be kinda cool to see what that much cash looks like.  )

[sneakersjay]

Can you not pay via bank transfer?  That would be a lot safer than carrying that much cash.  (Though it would be kinda cool to see what that much cash looks like.  )

No, they want cash.  Euros or Dollars.  Yeah.     A bank transfer would make it so much easier. 

[spacial]

If you intend to come to Europe, you might be better buying the Euros here.

Though I do suggest you are careful with cash payments. Seems a little strange.

[lpfix2009]

I would of did a wire to an european bank after opening an acount, then extract it over there..

I have an account in Holland.

[Cindy]

I'm not sure but I think there is a limit on how much cash you are allowed to carry into some countries. I would check through the consulates etc. Paying cash for surgery does sound odd to me as well.

Cindy

[sneakersjay]

I'm not sure but I think there is a limit on how much cash you are allowed to carry into some countries. I would check through the consulates etc. Paying cash for surgery does sound odd to me as well.

Cindy

The consulate said you only had to declare cash if it exceeded 10,000 Euros.

Jay

[Pippa]

The limit of £10,000 comes from the Money Laundering Regulations.   It is there to ensure large cash transactions are registered so that money cannot be sneaked out of the country as illicit earnings or as part of a tax evasion scam.   You will probably have to declare to customs that you are carrying a large amount of cash.   I would ask your bank if they have a partner bank in the country you are going to.   That way you can pick up the cash on arrival and not have to carry a large amount of money whilst travelling.

I would have my suspicions of a clinic that is unwilling to take credit cards or bankers drafts.