Poland has U-turned on a plan to limit the maximum amount of cash transactions amid criticism from within the ruling coalition that said it would be an infringement of people’s freedoms aimed at pleasing ‘the banking lobby’.
Notes from Poland describes measures intended to come into force from 1 January 2024, that would have limited cash payments between businesses to 8,000 zloty (), and would have fixed payments from consumers to businesses at 20,000 zloty or less. In April, however, Sovereign Poland—a junior partner in Poland’s ruling coalition—submitted legislation to remove the limits.
