How to Safely Take Money Out of Ukraine: What You Risk for Non-Declaration
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Cash declaration when crossing the border is a tool that protects travelers and businesses from issues with customs authorities. The €10,000 limit, established by Ukrainian law and supported by most countries worldwide, acts as a basic filter of financial security. If you exceed this amount, a declaration is required. Otherwise, customs may classify it as a violation, which can result in fines or confiscation of funds.
Declaring cash ensures transparency of capital movement and confirms the legal origin of money. For travelers, it is a way to protect themselves from unfounded suspicion, and for entrepreneurs — an opportunity to legally move capital for investments, business operations, or procurement abroad.
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