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Section 3: Prohibition on cash payment of certain claims

Article D112-3 of the French Monetary and Financial Code

I. – The amount specified in I of article L. 112-6 is set : 1° Where the debtor is domiciled for tax purposes within the territory of the French Republic or is acting for the purposes of a professional activity, 1,000 euros for payments made in cash and 3,000 euros for payments made using electronic money ; 2° If the debtor can prove that he or she is not domiciled…

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Article R112-5 of the French Monetary and Financial Code

I. – The threshold mentioned in article L. 112-6-1 is set at 3,000 euros. II. – In addition to the information usually provided for the execution of a payment transaction, the payer initiating the transfer provided for in Article L. 112-6-1 shall send his name, the name of the payee of the transfer and a description of the transaction including the purpose of the payment and the description of the…

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