How can cash be untraceable?


How can cash be untraceable? The use of the Internet allows money launderers to easily avoid detection. The rise of online banking institutions, anonymous online payment services, peer-to-peer transfers using mobile phones, and the use of virtual currencies such as Bitcoin makes detecting the illegal transfer of money even more difficult.


How much cash can you legally carry UK?

There is no cash limit to bring into the UK money from abroad, however you do need to declare if you bring cash to the UK of £10,000 or more. When you arrive in the UK, follow the “goods to declare” or “red channel” signs, and tell a Border Force officer you want to declare cash.