Having too much cash on oneself can come back dear: here's the threshold not to be exceeded

Fortunately, this obligation can be anticipated. An online platform makes it possible to declare in advance any transport of cash in excess of EUR 10 000. This facilitates controls and avoids sanctions.

This formality is particularly important for professionals handling cash, as in catering or markets. Transparency is essential to avoid any suspicion of fraud.

Should we really keep a lot of cash?

Cash offers certain advantages: it is immediate, independent of the banking system and useful in the event of an emergency. However, it also has several drawbacks:

Risk of theft: Unlike a bank account, a stolen sum is unrecoverable.
No cover in the event of a disaster: A fire or burglary may result in a total loss.
Banking surveillance: Too frequent cash deposits or withdrawals may alert tax authorities.
What alternatives to secure your money?

If you want to keep some of your money outside the banking circuit, it is better to focus on more secure solutions:

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