On 17 August, The Local carried an article saying that Spain has recently lowered the limit on cash payments people can make down to only €1,000. The previous limit was €2,500, but now this has been reduced to only €1,000. This means all amounts above €1,000 will have to be paid by card. The measure affects Spanish companies and the amount you can pay in shops or for professional services. However, for payments between individuals residing in Spain, the limit remains at €2,500, and for tourists, a cash limit of €10,000 on transactions remains in force.
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