🇵🇱‼️😱CASH ORDER !?
Purchases with cash upon presentation of identification and lower payment limits 😶 – the EU is implementing restrictions on cash payments.
The year 2026 is the last full year before the real implementation of the AMLR regulation in Poland‼️Starting in July 2027, the EU cash payment limit in consumer-business relationships will be set at 10,000 euros, which is approximately 43,000 PLN. Above this amount, cash will become illegal. Even earlier, anonymity will end. From 3,000 euros, the seller will be required to record the customer's personal data and carry out identity verification procedures. For amounts above 3,000 euros (about 12,000 PLN), we will not be able to buy anything without identification‼️
This is a significant restriction on the freedom of cash circulation, introduced without national legislation, without parliamentary debate, by a regulation adopted by the Council of the European Union in May 2024. The AMLR applies directly, and the three-year transitional period is solely for preparing the control apparatus. After July 2027, we will no longer be able to purchase a newer car or better kitchen equipment with cash if the seller is a business.
An exception for transactions between private individuals has been left, but this is only a temporary loophole. Since Brussels has determined that the fight against money laundering justifies the elimination of anonymity at 3,000 euros, the question is not whether, but when this limit will also be lowered in relationships between individuals. We can also expect further restrictions and the promotion of digital currency.
Cash is no longer the default means of payment but is becoming a suspicious relic of the past, requiring control. The political decision to limit cash, anonymity, and the real economic freedom of citizens was made without asking for our consent.