Paying duty on Cash at the UK border

Question

I am moving to Scotland and will have more than the allotted 10,000 euros with me (banker's draft, travellers cheques.) I know I need to declare that at the border. Will it get seized? Will I have to pay duty on it?

Answer 1

My understanding is that you will have to pay duty on more than 10,000.  Why not leave it in an account you can access from the UK?