Re:EU-wide maximum limit of €10K for cash payments
by darth_avocado on Saturday December 10, 2022 @08:38PM
(#33939078)
Right but you don’t make a large “payment”. You break down the large sun into a smaller one outside the system. When it enters the legal system, the amount is smaller. Unless of course, you use banks.
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Re:EU-wide maximum limit of €10K for cash payments
by tormeh on Saturday December 10, 2022 @09:05PM
(#33939275)
Not always. A popular step is to buy an expensive car in Germany using cash, then bring it to another country. Germany is central to many money laundering schemes because of the prevalence of cash payments there.