Israel Bans Large Cash Transactions

Israel Bans Large Cash Transactions, Requires Digital Payments

by Keean Bexte, Activist Post: Israel has just banned using cash for purchases larger than $1,700 and instead requires residents to use digital transfers or debit transactions. Prior to the decision, cash transactions were capped at $3,200. Exemptions for private citizens are in place, which allows for exchanges of up to $4,360 in cash. In addition, charitable […]