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Should large cash payments be banned in the EU?

The EU is expected to bring in new rules in the next three years that will see cash payments over...

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14.54 3 Aug 2021


Should large cash payments be banned in the EU?


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14.54 3 Aug 2021


The EU is expected to bring in new rules in the next three years that will see cash payments over €10,000 for transactions such as car purchases, jewellery, or funeral bills banned.  

Darren Nolan, Financial Planner with AskPaul.ie, Paul Montgomery, owner of Clancy’s on Princes St in Cork and was part of the  ‘Cork Cashes Out initiative’ a number of years ago, Michael Flynn, owner of Mattress Mick’s and caller Daniel O'Connell in Dublin had their say. 

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Cash Cash Payments Cashless Society Cork Cork Cashes Out Darren Nolan EU Financial Planner Mattress Mick Michael Flynn Paul Montgomery

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