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Cash payments above €3000 to be outlawed in Netherlands

rijksoverheid.nl

711–720 of 802 posts

Re: Cash payments above €3000 to be outlawed in Netherlands

#711
post #608

Earlier quoted context omitted.

Cash is weird because in theory it's a simple way to conduct a purchase but increasingly the coins become lost in the mix. I'm in the U.S., if someone hands me a few pennies/dimes as change they have effectively given me metallic trash for me to hold. I have a digital bank, so no way to deposit coins. I'm not going to carry coins around with me like I do whole bills. I'm essentially left with the option of taking the…

I haven't been to a Coinstar in ages even though I have a big bucket to cash in. (Basically on rare times I get coins I just toss them in when I get home.) As I recall, you can often get gift cards (e.g. Amazon) for the full value. I should look next time I'm in the grocery store.

I have heard if one accidentally gets unplugged from the network and rebooted, the fee is lower. Do with that what you will.

Re: Cash payments above €3000 to be outlawed in Netherlands

#712
post #682
post #549

Earlier quoted context omitted.

None of your business.

As I thought, no legit explanations besides illegal activity.

'As I thought, no explanation other than facism.' See how that fails to further the conversation? Please argue in good faith or post elsewhere. Comments are to be substantive.

Re: Cash payments above €3000 to be outlawed in Netherlands

#713

This kind of absurd bullshit is exactly why crypto is so important. Access to cash like money is a human right, and this right is being rapidly eroded across the world.

Crypto is not a replacement for cash, and most are MORE trackable than cash.

Re: Cash payments above €3000 to be outlawed in Netherlands

#714
post #491

Curious because I've never done it, how do people buy used cars off classifieds other than with cash? Checks can bounce, e-transfers can be reversed, etc. Seems any method other than cash is very susceptible to scams.

Bought and sold dozens of cars. Cash is always preferred, but have also met people at their bank to do the transaction. Checks, venmo, paypal, money orders are all fraught with risk.

Re: Cash payments above €3000 to be outlawed in Netherlands

#715

Rather than knee-jerk downvoting everyone who gets it wrong, I'd like to point out that, in English, both the Euro symbol and the Dollar symbol go before the number.

Many people still write it the other way, even in the usa, particularly when no cents are involved. Your pedantry has been notid, but is not useful. Nobody is confused.

Re: Cash payments above €3000 to be outlawed in Netherlands

#716

Earlier quoted context omitted.

Not from the Netherlands but from a small third world country: farmers around here like to buy things on spot doing handshake deals and carrying bags of cash. I've heard them buying a lot things from cattle to agricultural supplies and even vehicles. Mind you, this is a poor country. The middle class in the capital city can't even dream of making what these farmers make.

I still see this in rural America. Guys show up and transfer the title on the car for an envelope of cash and a signature. Same for livestock, butchering, services and so on.

Done this for over 20 cars, not rural, or old. You sound like you have never bought a car without a loan.

Re: Cash payments above €3000 to be outlawed in Netherlands

#717

Earlier quoted context omitted.

Buying a Macbook Pro 16" M2 and a Samsung Odyssey Neo G9 at the same time from the same place.

And you clearly want to carry 3000+ EUR in your pocket than paying by card? Europe is safe, but I will definitely not walk around with that much cash on my person.

Why not also take a police cruiser instead of Uber or a taxi?

"It's for your own safety."

If it's a ride shared by several strangers, everyone can be handcuffed, too, so everyone keeps their hands to themselves for an added safety boost.

Re: Cash payments above €3000 to be outlawed in Netherlands

#718

Earlier quoted context omitted.

In the Netherlands, the government already keeps track of everyone’s address. If you move, you have to register your new address with the municipality within a certain time frame. (IIRC 2 weeks)

Jesus that's freaky. Talk about government overreach.

What country do you live in? For many highly developed democracies, this is normal and not scary.

Re: Cash payments above €3000 to be outlawed in Netherlands

#719
post #662

Earlier quoted context omitted.

> You need proof of address too, it's not enough to have just an ID. Yes, but you don’t need a bill for that, you can just get it from the municipality where you are registered. > A passport is good, but you should also be aware that not everyone has a passport or drivers license. Anyone age 14 and up is required by law to be able to show an ID when asked. So yeah, everyone here has an ID. > My first bank account was…

> Yes, but you don’t need a bill for that, you can just get it from the municipality where you are registered. You can't "just" get it if you don't have a fixed address, or if the address isn't eligible for registration (the rules for that are rather strict). Netherlands is one if the hardest countries if you end up in an "exceptional" situation; you can work around "proof of address" (not always, but frequently), bu…

What makes your situation exceptional?

Re: Cash payments above €3000 to be outlawed in Netherlands

#720

Earlier quoted context omitted.

> You need proof of address too, it's not enough to have just an ID. Yes, but you don’t need a bill for that, you can just get it from the municipality where you are registered. > A passport is good, but you should also be aware that not everyone has a passport or drivers license. Anyone age 14 and up is required by law to be able to show an ID when asked. So yeah, everyone here has an ID. > My first bank account was…

> Yes, but you don’t need a bill for that, you can just get it from the municipality where you are registered. Yeah, that's not how it works in all European countries. Which can get really "interesting" in some cases, believe me (I've lived through that). I've also been requested proof of employment, which is also interesting when you're unemployed. In one of the countries, they said I can just give them proof of une…

    In some countries you can't even receive some types of registered mail unless it is addressed exactly to where you are staying at that moment.
This makes good sense to me in countries where you need to register you home address with the local govt. Then registered mail delivery becomes a form of ID check. This is normal in Japan and other places.
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