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Here's the google translate: # What is the maximum amount I can pay in cash? At this time, you may pay for all purchases in cash. For cash purchases above € 1
by tikkun 3y ago
Here's the google translate:
# What is the maximum amount I can pay in cash?
At this time, you may pay for all purchases in cash. For cash purchases above € 10,000, the seller must conduct a customer due diligence. But not all sellers accept cash. The cabinet is working on a bill to ban cash payments from € 3,000.
## Pay for purchases in cash
At this time, you may pay for all purchases in cash. It doesn't matter how high the amount is. A seller can decide not to accept cash above a certain amount. Or at all [no cash to be accepted](https://www.rijksoverheid.nl/onderwerpen/geldzaken/vraag-en-antwoord/kan-ik-met-een-wettig-betaalmiddel-overal-betalen https://www.rijksoverheid.nl/onderwerpen/geldzaken/vraag-en-...).
## Customer research for purchases above € 10,000
Do you make a purchase that costs more than € 10,000 and do you pay in cash? Then the seller must conduct a [client investigation](https://www.rijksoverheid.nl/onderwerpen/financiele-sector/aanpak-witwassen-en-financiering-terrorisme/veelgestelde-vragen-wwft#anker-4-wat-is-een-clientenonderzoek-volgens-de-wwft https://www.rijksoverheid.nl/onderwerpen/financiele-sector/a...). This check is mandatory to prevent money laundering and terrorist financing.
## Bill on cash payments up to € 3,000
There is a [legislative proposal in the making to prohibit cash payments from € 3,000](https://www.tweedekamer.nl/kamerstukken/wetsvoorstellen/detail?cfg=wetsvoorsteldetails&qry=wetsvoorstel%3A36228 https://www.tweedekamer.nl/kamerstukken/wetsvoorstellen/deta...). This applies to all buyers and sellers of goods. When the new law comes into effect, you may no longer pay for purchases from € 3,000 in cash.