Paying cash into your current account is a fairly common but not always legitimate practice.
Our money cash on the current account. Something that usually happens without even asking too many questions. Let’s talk about extra money, maybe winnings, let’s talk about money arrived for who knows what kind of dynamic, clearly remaining within the perimeter of legality. But this does not always mean acting within the permitted limits. In principle, the rule from respect it always and in any case foresees in any case that there may be an explanation.
In simple terms the important thing is that that money can somehow be tracked. It is not illegal to transfer your money to a current account in our name, it can lead to complications, however, transfer money not traceable to our bank account. All this could suggest a case of tax evasion. To an unclear situation on which theRevenue Agency in a short time he would run to investigate, that’s it.
Cash on the current account, the limits more or less allowed
There isn’t one theshold certainly beyond which a control could be triggered by the agencies in charge. There is no cash limit that cannot be paid into your current account, officially. There are guidelines, unofficial so to speak, but nothing officially approved. We are talking about 3000 euros for what concerns payments in cash and 10mila for other types of payments. Beyond this threshold, more important checks could take place.
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The thing important, as far as you can tell, and as far as it can count is to make sure you can offer traceability of the money you are paying. Failure to do so could lead to serious risks. The payment of cash on your current account as mentioned does not represent a crime or in any case something that violates the law. There are rules, unwritten but still well or badly recognized that impose certain limits, not to slip into in controls or allegations of tax evasion. The important thing is to follow those little rules, tracking our money is the only thing that matters, for theRevenue Agency.
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