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Find all the economic and financial information on our Orishas Direct application to download on Play StoreNew measure opposes National and Finma
Finma recently decided to increase the threshold for cash transactions to CHF 15,000. This measure already opposes the banking players.
25,000 the threshold for identifying cash transactions must increase to 15,000 francs. This was decided by the authority, in accordance with the standards established by the Financial Action Task Force (FATF). A measure rejected by National which adopted a motion of refusal. The said motion was rejected by the committee because the circles concerned support this lowering.
According to Parliament's services, the lowering of the threshold for identifying cash transactions concerns a very small circle of transactions. The measure involves national transfers at the post office between CHF 15,000 and CHF 25,000, or 0.012% of payment transactions in Switzerland.
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