Rolex Buyers Needn't Worry as Swiss Put Limit on Anonymous CashBy
As of Jan. 1, cash payments of CHF100,000 need due diligence
Cash in circulation per inhabitant is highest in Switzerland
Reto Roffler, a tailor in the heart of Zurich’s banking district, doesn’t accept card payments. Clients of his store, where a suit can go for 6,000 francs ($6,075), must either use bank transfers or cash.
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