The ECB, the banking sector and the large retail sector have repeatedly called for the launch of an initiative aimed at lifting the obstacles to the professional cross-border transportation by road of euro cash in Europe.
Due to strong differences between national legislations it is in practice very difficult to transport euro cash by road between euro-area Member States on a professional basis and very little cross-border land transport therefore currently takes place.
For the purpose of assessing the potential benefits of an EU legislative initiative, it was essential to first estimate the potential size of the market for professional cross-border transport of euro cash by road between euro-area Member States, assuming that the current regulatory obstacles to such transports are lifted.
Hence, Ramboll Management Consulting was asked to provide quantitative and qualitative input for the impact assessment of a possible future EU Regulation to facilitate professional cross-border transport of euro cash by road between euro-area Member States.
The objective of the study was to:
- Examine the main characteristics of the current market for professional transport of euro cash by road within and between euro-area Member States, with a particular focus on border areas.
- Estimate the potential size of the market for professional cross-border transport of euro cash by road between euro-area Member States, assuming that the current regulatory obstacles to such cross-border land transports are lifted.
The study was carried out by a team of EU experts and economics experts from Ramboll Management Consulting. In this field marked by diverting interests and quite extensive confidentiality in many areas, it often proved difficult to access the relevant data. Despite the limited availability of data, however, the team managed to produce an assessment which will be helpful to the Commission’s further steps in the field of professional cross-border transport of euro cash.
Back to the European policy studies site