EU-wide maximum limit of €10K for cash payments

Re:EU-wide maximum limit of €10K for cash payments by woodruffw on Saturday December 10, 2022 @05:56PM (#33937930)

I think there's a large degree of variance here: I've been in places that would have struggled to hand over $1000 in cash, since they might have had only 2-3 times that total on hand for the entire week.

That was in a small town, but that's my point: anecdotes about being unable to withdraw money are more about logistics than a banking collapse being hidden from the public.

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Re:EU-wide maximum limit of €10K for cash payments by vl on Saturday December 10, 2022 @07:04PM (#33938436)

This was in a branch that before pandemic would fork out 10k easily. I’m not the only one who experienced this - my friends experienced this across different banks in different states.

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Re:EU-wide maximum limit of €10K for cash payments by woodruffw on Saturday December 10, 2022 @07:12PM (#33938498)

This doesn't contradict what I've said, and doesn't imply financial instability: it's not particularly surprising that banks weren't receiving as many cash deliveries during the first year of the pandemic, or that demand for cash withdrawals was higher than normal.

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