“Recently, France decided to crack down on those people who make cash payments and withdrawals and who hold small bank accounts. The reason given was, not surprisingly, to ‘fight terrorism,’ the handy catchall justification for any new restriction governments wish to impose on their citizens. And so, in future, people in France will not be allowed to make cash payments exceeding €1,000 (down from €3,000). Additionally, cash deposits and withdrawals totaling more than €10,000 per month will be reported to Tracfin—an anti-fraud and money laundering agency.  Anyone changing over €1,000 to another currency (down from €8,000) will be required to show an identity card.”

http://www.internationalman.com/articles/prove-youre-not-a-terrorist

Did you like this?
Tip Freedomwat.ch Staff with Bitcoin

Donate via Installed Wallet Copy