24 Jan 2013 6:06 AM:

Under the new financial restrictions, countries such as Spain have decided to only allow a maximum of 2,500€ in cash in any transaction. This has created a need for us all to now trust banks and the banking system, which we are all going to do, obviously! I have clients paying me money, which I then need to use to pay my suppliers. The usual business transaction, except now, I cant use cash very easily. I therefore have looked at Visa cards as a method of payment for my goods. The limitations of use, applied by the banks (we trust) mean these are hopeless for my needs. Transaction amounts are up to 10,000€. The supplier won't take cheques, and the quick turnround we have up to now been able to offer our clients, means we cant wait the three days for the bank (who we trust implicitly) to transfer (earn interest on) our money. Has anyone got any better ideas?

Thread: Visa Cards in Spain

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