Adrian Gavrilica
He said the legislation makes it easier to legally enter large sums into the system, but the key issue is to show the legal origin of the money.
“I would like to take this opportunity to remind all citizens once again. Money kept in cash, amounts up to 10,000 euros is now an acceptable international amount. Amounts larger than that create problems sooner or later. So avoid it so that you never have to prove to someone where you got your money from. We cannot be a civilized country if we allow, excuse me, to bring bags of money to the bank, it will reflect on our international reputation. There are extremely strict criteria for money laundering and control of its origin,” Gavrilica said.
Conscientious currency holders will be supported
The Minister also added that the state will develop additional tools to support bona fide citizens, who turned out to have large amounts of cash.
“And here it is very difficult to objectively distinguish between citizens who may have paid taxes, but kept money too long out of the system to legitimately put it into circulation, and those who engaged in evasion or other activities, who under the same conditions could claim advantages when introducing money into the system. We will come back to this issue, the National Bank is also working on a financial inclusion strategy,” Gavrilica said.
The statement was made in the context of the government’s negative response to the draft law elaborated by the Alternative bloc on the abolition of restrictions on the use of cash when buying real estate.
