Re:EU-wide maximum limit of €10K for cash payments
by WastingMyTime89 on Tuesday December 13, 2022 @12:17PM
(#33972011)
> It's actually pretty common to need to buy things over $10k. It's pretty common for vendors to not take checks. It's pretty common to not have high enough credit limits to cover these types of purchases.
That's a very USA-centric comment. Checks are virtually unheard of in Europe and no one would pay so much money in cash. You would do a wire transfer or a card payment for that.
Payments in cash to a professional from a French citizen have been capped at 1000€ in France for years with virtually no impact. I have never seen or heard of someone attempting to use that much cash.
That's a very USA-centric comment. Checks are virtually unheard of in Europe and no one would pay so much money in cash. You would do a wire transfer or a card payment for that.
Payments in cash to a professional from a French citizen have been capped at 1000€ in France for years with virtually no impact. I have never seen or heard of someone attempting to use that much cash.