2 ms·
Nobody in Germany uses checks. The concept seems ridiculous to me, tbh. Germans use bank transfers for everything. You're expected to have a bank account and t
by pluma 11y ago
Nobody in Germany uses checks. The concept seems ridiculous to me, tbh.
Germans use bank transfers for everything. You're expected to have a bank account and to wire money to other bank accounts. For everything from rent to taxes to car sales.
I have bought used cars with cash but I doubt the kind of place selling used cars for €5000 and up would accept cash in Germany to begin with. That seems incredibly dodgy and gives off a money laundering vibe.
In other words: high asset items in Germany are already mostly paid by bank transfer (or debit/credit card). Banning cash for those transactions will barely affect anyone.