[HIGHLIGHTS] Upper limit for cash decided: Change to cash payments is coming

Upper limit for cash decided: Change to cash payments is coming. As of: February 2, 2024, 7:15 a.m By: Pia Sofie Bartmann CommentsPressSplit The upper limit forcash payments has been decided.

The European Parliament and the EU states are taking stronger action against money laundering. With the upper limit, new rules and measures will now apply to sellers and customers. The new law prohibits cash payments of more than 10,000 euros in the EU.