Friday, April 19, 2024

On 1 March, a new ban hit all Danish drivers

For a little over a week it has now been forbidden for car dealers to accept more than DKK 15,000 in cash. This is a tightening of the previous ceiling for cash amounts.

Back in January, the government set out to tighten its grip on car dealers. At least those of them who continue to accept cold cash.

With a tightening of the so-called money laundering law, the government would make it illegal for traders to accept DKK 15,000 in cash. And therefore also for car dealers.

That change has now come into effect. For 1 March this year, car dealers had to accept up to DKK 20,000 in cash.

That's what Autobranchen Danmark writes.

READ ALSO: Special camera trap gave stalls for 745,000 in 11 days

The cash ban means that car dealers must ask their customers to transfer the entire amount in connection with car purchases electronically. Or at least that which exceeds DKK 14,999.

If motorists refuse to pay by card or via bank transfer, the dealer has every right to cancel the transaction.

If a car dealer nevertheless accepts more than DKK 15,000 in cash from now on, that person can be fined at least DKK 10,000.

However, the amount can grow to as much as 25 percent of the agreed purchase price for the car, i.e. if it has been received illegally in cold cash.

However, the ban only applies to traders. Private individuals are still allowed to accept cash in connection with car sales.

However, the new ban may not be the only thing that Danish drivers have to get used to before such an awfully long time.

A number of organization stations get support from parties in Christiansborg for a ban aimed directly at all fossil-fuel cars. It must already apply from 1 January 2025, it says. Read more about it here .

Read more news from and about the world of cars right here!


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