CAVOK@lemmy.world to Europe@feddit.orgEnglish · 2 months agoEuropean Union to ban cash payments above €10,000www.theportugalnews.comexternal-linkmessage-square161linkfedilinkarrow-up1278arrow-down14
arrow-up1274arrow-down1external-linkEuropean Union to ban cash payments above €10,000www.theportugalnews.comCAVOK@lemmy.world to Europe@feddit.orgEnglish · 2 months agomessage-square161linkfedilink
minus-squareranzispa@mander.xyzlinkfedilinkEnglisharrow-up5·2 months agoWhy would you do it with cash though? It’s pretty uncomfortable to walk around with a luggage filled with 500,000€
minus-squareatomicbocks@sh.itjust.workslinkfedilinkEnglisharrow-up1arrow-down2·2 months agoAFAIK wire transfers are still considered cash transactions.
minus-squareSlashme@lemmy.worldlinkfedilinkEnglisharrow-up5·2 months agoThat’s not what this law is about. This is about banning the use of banknotes for large transactions.
Why would you do it with cash though? It’s pretty uncomfortable to walk around with a luggage filled with 500,000€
AFAIK wire transfers are still considered cash transactions.
That’s not what this law is about. This is about banning the use of banknotes for large transactions.