this post was submitted on 01 Jun 2026
149 points (97.5% liked)
Privacy
4632 readers
565 users here now
Icon base by Lorc under CC BY 3.0 with modifications to add a gradient
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
That’s why we Germans love cash. By the way, all it takes is for the government to face a crisis... Just look at China and its real estate crisis. Many people don’t use cash anymore, and they ran into problems when they couldn’t make digital payments or withdraw money, etc.
Lol wut.
Most banks in Germany charge you for taking cash out of your own account. It's one of the most difficult countries to use cash without getting fined for using cash
I've only ever seen that happen when using an ATM that belongs to a different bank
Also ATMs have max withdrawals. And if you want to take a larger amount from a human at the window, there's a fee for that too.
ATMs have fixed limits due to anti-money laundering laws. I’ve never been charged a fee for withdrawing cash at the counter. If you want to withdraw larger amounts, you just have to notify them in advance because of the legal requirements, but I’ve never been charged for it. At Sparkasse, though, I could imagine that might be the case.
AML laws don't limit cash limits on atm machines.
There's literally zero risk of money laundering with cash that comes out of an ATM. It's already coming from a trusted source (the bank).
AML risk is when you deposit large sums of cash into a bank
Yes, it does have to do with the Anti-Money Laundering Act. This applies even if you make transfers of more than €10,000. The law is now set to be tightened further for cash payments exceeding €10,000. This change is being implemented by the EU in 2027...