Investing in Precious Metals 101 Ad

Cash payments limited…

Login or register to post comments Last Post 1426 reads   1 posts
  • Wed, Dec 17, 2008 - 10:41pm

    #1
    Feanor

    Feanor

    Status Member (Offline)

    Joined: Dec 13 2008

    Posts: 4

    count placeholder

    Cash payments limited…

In Hungary, from 2009, companies may only pay with cash in transactions that involve less money than ~2500 $; otherwise they will have to use plastic/bank transfers. Supposedly this is a move against black market activities and money laundering. I’m not so sure that is the reason, but i couldn’t say what other reason there could be (maybe money supply?). Any ideas?  Can we expect this to happen to individuals too?

Viewing 1 post (of 1 total)

Login or Register to post comments