Pickles Posted March 19, 2015 Share Posted March 19, 2015 According to Midi Libre:http://www.midilibre.fr/2015/03/18/les-paiements-en-liquide-bientot-limites-a-1-000-euros,1137711.phpThe French Government are introducing the following measures:The maximum payment that you are allowed to make in cash will be reduced from 3000€ to 1000€ for people who live in France.For non-residents it will reduce from 15K€ to 10K€.All cash deposits or withdrawals of more than 10K€ will be notified to the specialist fiscal fraud unitThe maximum spend per month on a prepaid card will reduce to 250€Face-to-face foreign exchange transactions of more than 1000€ will require presentation of an identity card. They also reckon that they are going to tighten up on consumer credit ...All in an attempt to tackle "low-cost terrorism" Link to comment Share on other sites More sharing options...
parsnips Posted March 19, 2015 Share Posted March 19, 2015 [quote user="Pickles"]According to Midi Libre:http://www.midilibre.fr/2015/03/18/les-paiements-en-liquide-bientot-limites-a-1-000-euros,1137711.phpThe French Government are introducing the following measures:The maximum payment that you are allowed to make in cash will be reduced from 3000€ to 1000€ for people who live in France.For non-residents it will reduce from 15K€ to 10K€.All cash deposits or withdrawals of more than 10K€ will be notified to the specialist fiscal fraud unitThe maximum spend per month on a prepaid card will reduce to 250€Face-to-face foreign exchange transactions of more than 1000€ will require presentation of an identity card. They also reckon that they are going to tighten up on consumer credit ...All in an attempt to tackle "low-cost terrorism"[/quote]Hi,How long before they make us give them all our money, and dole out weekly pocket money for us to spend? Link to comment Share on other sites More sharing options...
Pickles Posted March 19, 2015 Author Share Posted March 19, 2015 [quote user="parsnips"]Hi,How long before they make us give them all our money, and dole out weekly pocket money for us to spend?[/quote]Look around you: are you absolutely sure that that isn't already the case? Link to comment Share on other sites More sharing options...
PaulT Posted March 19, 2015 Share Posted March 19, 2015 Whilst the £ to euro is high thinking of transferring from UK bank to French bank 4k to 5k in euros - will we have any problems doing that? Link to comment Share on other sites More sharing options...
Pickles Posted March 19, 2015 Author Share Posted March 19, 2015 [quote user="PaulT"]Whilst the £ to euro is high thinking of transferring from UK bank to French bank 4k to 5k in euros - will we have any problems doing that?[/quote]I doubt it: but be prepared for an enquiry from your French bank asking what the source of the funds it.See previous thread here:http://services.completefrance.com/forums/completefrance/cs/forums/3221671/ShowPost.aspx Link to comment Share on other sites More sharing options...
AnOther Posted March 19, 2015 Share Posted March 19, 2015 According to Article L112-6 III b of the Code monétaire et financier Limits do not apply:Aux paiements effectués entre personnes physiques n'agissant pas pour des besoins professionnelsorFor payments between individuals not acting for business purposes" Link to comment Share on other sites More sharing options...
idun Posted March 19, 2015 Share Posted March 19, 2015 This is nonsense. I'm not the brightest person in the world, but IF I wanted to pay someone in cash, I'd start drawing out money in dribs and drabs over several weeks, as it soon mounts up and do as I pleased. Let's face it the reason people usually pay in cash is for work au noir, and if I can think of ways round it, then others can. Link to comment Share on other sites More sharing options...
lindal1000 Posted March 19, 2015 Share Posted March 19, 2015 PaulT , I transferred money over from my UK account. I did get called in to see my 'personal banker' from La Poste, who, as well as asking me where the money came from, used it as a chance to try and sell me a whole load of other things. I used it as a chance to practice my French! Link to comment Share on other sites More sharing options...
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