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New limitations in cash collection and payment in Croatia

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Summary
At the beginning of 2023, there were changes in amendments to the Law on Anti-Money Laundering and Terrorist Financing. Based on the same, a legal or natural person performing a registered activity in the Republic of Croatia may not receive or make a cash payment of 10,000 EUR or more.
Content

The restriction from Paragraph 1 of this Article also applies in the event that the collection or payment is made in several obviously connected cash transactions in the amount of 10.000 EUR or more.

 

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