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I can not even think of transactions above 2500 Euros normally carried out in cash, except for the payment of bribes and other illegal transactions. In Europe we pay for most anything beyond daily errands via bank transfer anyway. The biggest amount of cash I remember having on me was about 300 Euros.
Why? Bigger amounts of cash are often a sign of illegal activity over here as bank transfer is the standard means of payment, unlike in the US.
I assume with "here" you mean Spain. Did you know they want to start taxing bank transfers (as a retarded punishment for banks)? These costs are calculated to the customer, who should always have an alternative to one product. Or do you favour (banking) monopolies?
And above all: in a free society one does not have to explain himself as long as he doesn't hurt others.
I assume with "here" you mean Spain. Did you know they want to start taxing bank transfers (as a retarded punishment for banks)? These costs are calculated to the customer, who should always have an alternative to one product. Or do you favour (banking) monopolies?
And above all: in a free society one does not have to explain himself as long as he doesn't hurt others.
I am not saying it is a great solution, but still, I don't understand the fake outrage. 2500 euros, that's about 3300 dollars. I can't even think of any legal transaction where so much cash would be accepted.
For some kinds of bank transfers one already has to pay a fee. Especially if you do it inside the bank. Online is cheaper or even free.
I am not saying it is a great solution, but still, I don't understand the fake outrage. 2500 euros, that's about 3300 dollars. I can't even think of any legal transaction where so much cash would be accepted.
For some kinds of bank transfers one already has to pay a fee. Especially if you do it inside the bank. Online is cheaper or even free.
Most banks suck, anyway.
Of course you cant, because you think the state should get a piece of everything.
Used cars, motorcycles, boats, etc. that change hands between private individuals are good examples of transactions over $3300 that may require cash.
Why? Bigger amounts of cash are often a sign of illegal activity over here as bank transfer is the standard means of payment, unlike in the US.
The good people of City-Data are merely expressing their solidarity with the rights of ordinary Spanish businessmen to evade taxes and to pay their workers under the table secure in the knowledge that law-abiding middle-class Spaniards are quite happy to stump up for the difference.
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