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A comment on EU-wide maximum limit of €10K for cash payments. Parent comment

Re:EU-wide maximum limit of €10K for cash payments by ithkuil on Saturday December 10, 2022 @07:48PM (#33938738)
> I went to the bank [..]

Would a certified check so the same trick?

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Re:EU-wide maximum limit of €10K for cash payments by kube-system on Saturday December 10, 2022 @09:10PM (#33939310)
No, that's actually a popular scam at the moment. People think certified/cashiers checks or money orders are trustworthy. They can be faked.
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Re:EU-wide maximum limit of €10K for cash payments by ithkuil on Sunday December 11, 2022 @02:36AM (#33941061)
Then perform the exchange in a bank, under a similar arrangement as the cash transaction of the scenario I was replying to.

Cash can be faked too

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Re:EU-wide maximum limit of €10K for cash payments by kube-system on Sunday December 11, 2022 @02:39AM (#33941079)
Agreed, transacting in a bank is the best way.

Cash can be faked but it has good anticounterfeiting features, unlike checks.

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Re:EU-wide maximum limit of €10K for cash payments by macNchz on Saturday December 10, 2022 @09:40PM (#33939523)
The seller can turn around and spend the cash instantly, anywhere, whereas the cashier’s check takes at least a day to clear, and in theory the bank could hold the funds for some period of time while it investigated the transaction for fraud. https://www.helpwithmybank.gov/help-topics/bank-accounts/cas...
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