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A comment on German banks are hoarding so many euros they need more vaults. Parent comment

Re:German banks are hoarding so many euros they need more va... by zodiac on Monday February 03, 2020 @04:11PM (#22229143)
Is it possible to buy with cash?
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Re:German banks are hoarding so many euros they need more va... by narag on Monday February 03, 2020 @04:30PM (#22229369)
Not sure about other countries, but in Spain you can't pay anything above three thousand euros (IIRC) in cash.

People downvoting others in disbelief should try to find a source by themselves before.

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Re:German banks are hoarding so many euros they need more va... by martin8412 on Monday February 03, 2020 @05:09PM (#22229826)
2500 EUR if you live in Spain

https://www.agenciatributaria.es/AEAT.internet/Inicio/_Segme...

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Re:German banks are hoarding so many euros they need more va... by Daniel_sk on Monday February 03, 2020 @04:27PM (#22229335)
It's probably not possible in most of EU because there is a limit for cash transaction which is I think 15 000 Euro (not sure if EU wide, but definitely here in Slovakia), over that you need to do a bank-wire transfer. All new cars are paid this way - or you purchase it with a loan / lease and don't need to put down this amount of money at once. Most new car dealers don't even have a cash register and would not take such an amount of money from you in cash. This is due to prevent money-laundering.
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Re:German banks are hoarding so many euros they need more va... by freeflight on Monday February 03, 2020 @07:38PM (#22231069)
Depends on the country and the amount of cash [0]

[0] https://www.europe-consommateurs.eu/fileadmin/user_upload/eu...

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