Natural or legal persons acting on their own behalf or on that of third-parties who undertake the following movements of means of payment must submit a declaration:
- Persons entering or leaving national territory with money in notes and coins or bearer cheques made out in the national currency or any other, or any other physical payment media, including electronic media, conceived as being used as a payment media, for an amount greater than or equal to 10,000 euros per person per journey.
- Persons moving within national territory payment media consisting of money in national notes and coins or any other currency, or any other physical payment media, including electronic media, conceived as being used as a payment media, for an amount greater than or equal to 100,000 euros. In accordance with the present Order, by "movement" it is understood any change of place or position that is verified outside the place of residence of the holder of the means of payment.
This obligation does not apply to cheques made out to a named person.
The reference to electronic payment media does not include named credit and debit cards.
Provided that they show due proof of their condition, the bound individuals referred to in sections 1 and 2 of the article 2 of the Regulation of Law 19/1993 of 28 of December on specific measures for the prevention of money laundering will be exempt from submitting a tax return form in relation to the movements directly related to their professional or commercial activity.