Israel law enforcement agencies imposed new limits on cash transactions on Monday, in an effort to deter criminal activities and promote digital payments in the country. The cap on cash payments has been reduced as of August 1 to 6,000 Israeli Shekel (NIS), or $1,760 USD for corporate transactions, and NIS 15,000 ($4,400 USD) for … Israel’s new limits on cash transactions to promote digital payments Read More »
