Advertisement

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...

Share this article

14.54 3 Aug 2021


Should large cash payments be banned in the EU?


Listen to this episode


Share this article

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. 

Listen and subscribe to Lunchtime Live on Apple Podcasts, Google Podcasts and Spotify.

    

Download, listen and subscribe on the Newstalk App.

  

You can also listen to Newstalk live on newstalk.com or on Alexa, by adding the Newstalk skill and asking: 'Alexa, play Newstalk'.


Read more about

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

Related Episodes

15 years of the IMF in Ireland

00:14:54

15 years of the IMF in Ireland

The Hard Shoulder

00:14:54


Tech Takeover: Avoiding Online...

00:12:39

Tech Takeover: Avoiding Online Scams

The Hard Shoulder

00:12:39


Cold snap incoming - how to pr...

00:07:28

Cold snap incoming - how to prep your car

The Hard Shoulder

00:07:28


Michael O’Leary on fast-tracki...

00:13:03

Michael O’Leary on fast-tracking airport cap removal

The Hard Shoulder

00:13:03