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The Bank of Portugal warns about limits on cash payments – The Portugal News

Source link : https://love-europe.com/2026/05/09/portugal/the-bank-of-portugal-warns-about-limits-on-cash-payments-the-portugal-news/

The Bank of Portugal has issued a statement highlighting new restrictions on cash payments, aiming to curb illegal financial activities and promote transparency in transactions across the country. These measures, which set clear limits on the amount of cash that can be used in commercial and private dealings, mark a significant step in the nation’s ongoing effort to modernize its financial system and combat money laundering. This development comes amid growing concerns about the misuse of…

Source link : https://europ.info/2026/05/08/the-bank-of-portugal-warns-about-limits-on-cash-payments-the-portugal-news/

Author : Olivia Williams

Publish date : 2026-05-08 21:05:00

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Author : love-europe

Publish date : 2026-05-09 00:31:00

Copyright for syndicated content belongs to the linked Source.

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