While cash payment continues to become a very occasional method of payment, the authorities try to implement systems that allow accurately controlling the Card payments money flowswhether Contactless or for other methods (such as Bizum) of digital payment. In that sense, the Government will promote a new rule to fight fiscal fraud throughout 2025.
The new standard, of which details are not yet known and that It must be approved and travel the entire legislative processaims to establish a Card operations limit and force banks to inform in detail of operations that exceed that figure.
Banks must inform the movements that add more than this figure per year
The Ministry of Finance already works in the drafting of a decree that will force banking entities to prepare a Annual declaration that they must present including in it All movements (Whether fertilizers, cash withdrawals, recharges or purchases) that exceed an annual total of 25,000 euros.
The new regulations, which must still be written, would apply to Any type of card (credit, debit, prepaid or virtual) All entities Card stations (either a bank, a gas station or department store), according to EFE.
The forecast is that the standard begins to apply in 2026where we will have to communicate the movements that have been made for 2025. The text of the real-decree future has already undergone public hearing and It must be approved by the Council of Ministers and ratified by Parliament for its definitive entry in force throughout this year if everything goes as planned by the Executive.
#Confirmed #declare #Treasury #card #payments #exceed #limit
