it's more like if it is allowed to carry so much money with you
That's true. They changed the law this week. Unbelievable. Nowadays they are demonising money. The end is near. But its only when you buy from a business. They are not allowed anymore to accept cash payments above 3000. If they do they will be prosecuted lol.
Wow, this really comes to an suprise to me, I thought that South Africa wasn't that far yet. Thanks for sharing your knowledge.In South Africa there is a CTR (Cash Transaction Threshold). It is any amount of up to R24 999 (Approx US-$1800) per cash transaction. The accountable and reporting institutions (all businesses) are required to report any transactions in excess of such amount or smaller amounts equating to R25 000 (if they appear to be part of one transaction) within a period of two business days after such transaction has taken place.
German Turks will allegedly sell a parallel import car for cash with no receipts. Whether that parallel import car is legit or semi-legit is a different story. Rumour has it that cars stolen in Ukraine are difficult to trace.I just read somewhere that it is possible to buy a car or other stuff with 20,000 euro in cash! Is Germany the only country where this is possible or are most countries accepting that much money in cash?