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Re:EU-wide maximum limit of €10K for cash payments by csdigi on Saturday December 10, 2022 @05:58PM (#33937948)
It depends on how they got their income in the first place. My family are dairy farmers and frequently trade cattle at local auctions. This is still a cash based society (rural Ireland), it does not take many heads of cattle to make up 10k, many other deals are done informally (e.g. my grandfather buying cows from a neighbor without auction) with a value that is of that order. The money may hit a bank account if something more formal needs to be bought (insurance, new machinery etc) but those are not all that common.

As a child I would always remember my grandfather carrying (at least in the house) large rolls of bills.

Re:EU-wide maximum limit of €10K for cash payments by Teandw on Saturday December 10, 2022 @06:32PM (#33938209)
This is one of those edge cases where you have a way of doing business that hasn't moved forward and 'with the times'.

Unfortunately when you don't move with the times, it ultimately catches up with you and forces your hand eventually. No matter how hard you try.