Re:Currency (Restrictions on the Use of Cash) Bill 2019
by tbyehl on Monday July 29, 2019 @12:24PM
(#20556276)
> What if you wanted to buy a $25,000 car in cash from a dealership?
A Dealership in America is never going to say No to an actual buyer, but they'll encourage you to finance (that's where they make their profit) or bring a check (large amounts of physical currency and filing Suspicious Transaction Reports are annoying).
Only private sellers want actual cash because our financial system exposes the recipients of any other form of payment to too much fraud risk.
A Dealership in America is never going to say No to an actual buyer, but they'll encourage you to finance (that's where they make their profit) or bring a check (large amounts of physical currency and filing Suspicious Transaction Reports are annoying).
Only private sellers want actual cash because our financial system exposes the recipients of any other form of payment to too much fraud risk.