{"id":4638,"date":"2026-03-13T12:29:41","date_gmt":"2026-03-13T12:29:41","guid":{"rendered":"https:\/\/www.nominaurea.pt\/?p=4638"},"modified":"2026-03-13T12:39:52","modified_gmt":"2026-03-13T12:39:52","slug":"cash-payment-limits-european-union-2027","status":"publish","type":"post","link":"https:\/\/www.nominaurea.pt\/en\/noticias\/cash-payment-limits-european-union-2027\/","title":{"rendered":"New cash payment limits in the European Union from 2027"},"content":{"rendered":"<h2 data-rm-block-id=\"block-1\"><strong>EU-wide cash payment limit<\/strong><\/h2>\n<p data-rm-block-id=\"block-2\">Under <strong>Regulation (EU) 2024\/1624<\/strong>, from <strong>10 July 2027<\/strong>, cash payments <strong>equal to or above \u20ac10,000<\/strong> will be prohibited in transactions for goods or services when <strong>one of the parties is acting in a professional or commercial capacity<\/strong>.<\/p>\n<p data-rm-block-id=\"block-3\">In such cases, <strong>traceable payment methods<\/strong> must be used, including:<\/p>\n<ul>\n<li data-rm-block-id=\"block-4\">Bank transfer<\/li>\n<li data-rm-block-id=\"block-5\">Bank card<\/li>\n<li data-rm-block-id=\"block-6\">Named cheque<\/li>\n<\/ul>\n<h2 data-rm-block-id=\"block-7\"><strong>Exceptions<\/strong><\/h2>\n<p data-rm-block-id=\"block-8\">The limit does not apply to:<\/p>\n<ul>\n<li data-rm-block-id=\"block-9\">Payments between <strong>private individuals acting outside a professional activity<\/strong><\/li>\n<li data-rm-block-id=\"block-10\"><strong>Deposits or payments made at financial institutions<\/strong><\/li>\n<\/ul>\n<h2 data-rm-block-id=\"block-11\"><strong>Situation in Portugal<\/strong><\/h2>\n<p data-rm-block-id=\"block-12\">EU Member States may introduce lower limits.<\/p>\n<p data-rm-block-id=\"block-13\">In <strong>Portugal<\/strong>, the current limits are:<\/p>\n<ul>\n<li data-rm-block-id=\"block-14\"><strong>\u20ac3,000 for residents<\/strong><\/li>\n<li data-rm-block-id=\"block-15\"><strong>\u20ac10,000 for non-residents<\/strong><\/li>\n<\/ul>\n<p data-rm-block-id=\"block-16\">Therefore, significant changes to national legislation are not expected.<\/p>\n<h2 data-rm-block-id=\"block-17\"><strong>Due diligence requirements<\/strong><\/h2>\n<p data-rm-block-id=\"block-18\">Cash transactions <strong>between \u20ac3,000 and \u20ac10,000<\/strong> carried out between professionals will be subject to <strong>customer identification and due diligence obligations<\/strong>.<\/p>\n<p data-rm-block-id=\"block-19\">For transactions involving <strong>crypto-assets<\/strong>, due diligence requirements may apply from <strong>\u20ac1,000<\/strong>.<\/p>\n<h2 data-rm-block-id=\"block-20\"><strong>How <a href=\"https:\/\/www.nominaurea.pt\/en\/\">Nominaurea<\/a> can help<\/strong><\/h2>\n<p data-rm-block-id=\"block-21\">Nominaurea provides specialised advisory services to help businesses adapt to new regulatory requirements, including:<\/p>\n<ul>\n<li data-rm-block-id=\"block-22\">Regulatory impact analysis<\/li>\n<li data-rm-block-id=\"block-23\">Implementation of compliance procedures<\/li>\n<li data-rm-block-id=\"block-24\">Tax and accounting advisory<\/li>\n<li data-rm-block-id=\"block-25\">Client identification and reporting support<\/li>\n<\/ul>\n<h2 data-rm-block-id=\"block-26\"><strong>Conclusion<\/strong><\/h2>\n<p data-rm-block-id=\"block-27\">The introduction of an EU-wide limit on cash payments represents an important step in improving transparency and strengthening the prevention of money laundering and terrorist financing across the European Union.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EU-wide cash payment limit Under Regulation (EU) 2024\/1624, from 10 July 2027, cash payments equal to or above \u20ac10,000 will be prohibited in transactions for goods or services when one of the parties is acting in a professional or commercial capacity. In such cases, traceable payment methods must be used, including: Bank transfer Bank card [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1548,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4638","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-publications"],"_links":{"self":[{"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/posts\/4638","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/comments?post=4638"}],"version-history":[{"count":2,"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/posts\/4638\/revisions"}],"predecessor-version":[{"id":4640,"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/posts\/4638\/revisions\/4640"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/media\/1548"}],"wp:attachment":[{"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/media?parent=4638"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/categories?post=4638"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nominaurea.pt\/en\/wp-json\/wp\/v2\/tags?post=4638"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}