Government to ban cash payments over €2,500

Started by aspasia, Wed 11 Apr 2012, 11:11

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Pay 5000  = 2499 today and 2499 tomorrow  and 2€ less for cash payment . lol

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I was reading a bit the new law and to my thought its just going to be even harder for the banks to earn money .

The way it is the businesess will keep their cash in a sock now instead of depositing it in the bank.

If you go to the bank its a 2 hour que to deposit and they dont give any interest anyway.
And their cheques cost a fortune if you regulary have payments .


Myrtle Hogan-Lance


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In my opinion this could even be bad even more for the economy of Spain  .

As black money used to be pumped into into the economy directly .
They go on vacation with it , a new bicickle for the children , new furniture , or going to eat out more .
This money kept going arround .