Those per transaction limits are for YOUR protection so in case someone hacks into your account they won't empty it and you can ask the bank to raise the limits.

Banks ask you the reason for transactions beyond a certain amount because they have to report it to authorities.

Large transactions like paying for a property don't happen at the drop of the hat. You won't just wake up in the middle of the night and decide to buy a property immediately right then.

You asked who is stopping you from spending your money as you want. I listed who and provided some examples. The reason why they make it difficult is beside the point.

> it was a protracted process

When we bought this property, the least drawn-out bit of the overall process was the actual transferring of the funds. That was the easy part :)

It was the same with vehicles we've bought, the fastest part of the process was transferring the funds from buyer to seller, by far(!)

Are there (m)any significant transactions where the moving of money from buyer to seller is the bottleneck in terms of time and/or effort?

It took me the better part of a morning I would have ideally spent on more productive tasks.

I spent an hour on the phone to get my limit temporarily raised, then another hour or so later in the day when the payment was flagged as suspicious and my account was locked. There was then an arbitrary waiting period of one day where the transfer sat in limbo before getting processed (more security theatre), and finally an additional two days for the funds to clear.

There really isn't.. I can pay 1 million EUR with my debit card if there's enough money in the account. That's the default limit, and can be raised anytime if needed.

If I have the money and they are legal, I can spend them without anyone getting in the way.