Wednesday, July 7, 2010

Patron Saints Entrepreneur

falls to € 5,000 limit for cash payments

use us Flash: Falling from € 12,500 to € 5,000 limit for cash payments :
"From 31 May 2010 decreased from € 12,500 to € 5,000 limit below which it is permitted to transfer of cash between private parties.

The bank or postal savings or bearer must have a balance of less than € 5,000. If they are in existence on May 31, 2010 will be necessary before the deadline of June 30, 2011 implementation of the reduction of the balance to an amount less than € 5,000.

E 'introduced an element of suspicion or justification for the frequent use of cash transactions, even if an amount not exceeding € 5,000. "

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