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🇪🇺 THE EU WILL BAN CASH PAYMENTS OVER €10,000 FROM JULY 2027 The cap comes from the EU's new anti-money-laundering rulebook and applies in all 27 member states. Countries can set even lower limits if they like. Sellers will also have to check ID on cash payments of €3,000 or more. Cash is getting harder to use without showing ID.

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