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How much money can I take on the plane? Learn how to deal with finances when traveling internationally

It's common for those planning to travel to ask: "How much money can I take on the plane?" To put an end to this doubt, keep reading and see the answer!

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How much money can I take on the plane? 

imagem com uma pessoa indo em direção ao embarque no aeroporto
Find out if it is possible and how much money you can take on the plane. Source: Pexels.

“How much money can I take on the plane?” If you intend to or have already taken an international trip, you may have already asked yourself this question. After all, how does this issue work between countries and airlines?

Well then. Please be aware that to leave or enter the European Union it is necessary to make a declaration if you are in possession of a certain amount of money. And, to put your mind at ease, we’re going to tell you all about it!

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However, first of all, understand that this rule does not only apply to airline passengers. This requirement also applies to anyone entering or leaving the European Union by land or river.

However, note that in other countries outside the European Union the rules may be different, as each country or economic group is free to establish its own rules. So, check everything before boarding!

Taking money on the plane without needing to declare it: what is the limit?

Firstly, know that tourists and foreigners who want to enter Portugal need to have money to do so, because if they don't, they are very likely to be stopped at customs.

In this regard, you must prove that you have at least 75 euros to enter the country and at least 40 euros per day spent in the country. This is the minimum expected quantity.

However, it is possible to take up to 10 thousand Euros on the plane without having to make a declaration about the amount transported. This applies both to entering and leaving the country.

However, remember that this is the limit operated in Portugal and other European Union countries. If you are leaving or traveling to countries outside this group, the limits may be different.

What happens if I enter Portugal with more than 10 thousand Euros?

There will be no problem if you carry more than 10 thousand euros on the plane or enter Portugal, but you will have to make a customs declaration if you exceed this number. If you don't, you could suffer a series of sanctions.

What happens if I don't declare that I will take money on the plane?

For example, it is possible for money to be detained or seized, which can be done by local law enforcement. Furthermore, there is also a risk of fines and even arrest.

Therefore, it is extremely important that there is a proper declaration regarding the values that are being transported. It is only not necessary if the amount is less than 10 million Euros.

Why should I announce that I will take money on the plane?

This is a security measure for countries and also to combat various criminal actions.

For example, it serves to prevent money laundering, as well as the transportation of amounts obtained irregularly, such as in corruption crimes or robberies.

Likewise, to combat the financing of terrorism and other criminal activities. This is why there is rigidity regarding the need for declaration.

Where can I declare the money I will take on the plane?

The declaration must be made at Customs inside the airport, in the arrival zone in the country. It is a form that must be filled out and delivered there.

Other ways to travel without taking money on the plane

Taking money when traveling is a choice that many people make to make the trip easier. With a certain amount on hand, it is possible to guarantee purchases everywhere, as well as deal with emergencies.

However, it is not the safest option. After all, there is always the risk of losing money or even being robbed. Therefore, it is interesting to know other ways of making your payments.

One of the best is the credit card, which is more difficult to lose and also helps with cash withdrawals. Furthermore, today basically everywhere accepts it!

Find out how to find good international card options for traveling

homem aguardando para embarcar no aeroporto
Using a card is a way of not needing banknotes to travel. Source: Pexels.

There are several cards available on the market that are international and work for purchases and payments around the world! So, check out tips to make the best choice and avoid taking cash on the plane in large quantities!

Check annual fees

The first thing to do when considering a travel credit card is to check the fees. The main ones are TAN and APR.

Annuity

The maintenance fee is also very important, as it can make your card expensive or actually be an ally in purchases and payments.

Today there are many cards that waive the annual fee. In fact, several of them have interesting benefits. Therefore, pay special attention to these.

Flag

If you don't want to take a lot of cash on the plane and prefer a card, it's important to pay attention to the brand and its scope. In this sense, cards with Mastercard or Visa brands are the most comprehensive.

Additional benefits

Additionally, be sure to compare the additional benefits of the cards. For example, points programs. Or, travel benefits, such as priority boarding or access to airport VIP lounges.

Furthermore, insurance can also be part of the credit card. Among the main ones we have life, travel, accident protection, theft protection and car rental.

Cashback programs, as well as mile accrual programs, are other advantages you can find. Therefore, be sure to analyze different alternatives and compare them.

In fact, if you want two great travel card options to compare, we suggest you take a look at the following article. In it, we compare the TAP Classic and TAP Gold cards!

Cartão TAP Classic ou TAP Gold

TAP Classic or TAP Gold card: which is best?

TAP Classic card or TAP Gold card? Both offer travel advantages, but have exclusive features. Compare!

About the author  /  Aline Augusto

My name is Aline Mesquita, I'm a writer here on the blog, where I write about finance in general, as well as other topics. I have been working with content creation for 10 years, with a postgraduate degree in Project Management, with expertise in SEO practices, in addition to studying finance, market trends and cryptocurrencies.

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