Limits to the use of cash in Italy in 2023 In Italy, cash transactions are subject to various limits, which are intended to combat money laundering and tax evasion. As of January 1, 2023, thanks to the 2023 Budget Maneuver, the threshold for all payments in cash has been set at € 5,000 (five thousand euros). This means that it is possible to pay in cash sums up to € 4,999.99 and that beyond this threshold, if you pay in
Read more →It is possible to freely enter or leave the Italian soil carrying an amount of cash (banknotes, coins, traveler’s chèques, bearer negotiable instruments, etc.) lower or equal to € 9,999.99. Anyone entering or leaving Italy and carrying cash of an amount equal to or greater than € 10,000 shall declare that sum of money to the Italian Customs Agency. There is no distinction between EU and non-EU countries. 1) Allowed quantity of cash In accordance with Legislative Decree 195/2008 there is a limit to the transport of
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