News and updates about Cash

From August 1: Cash transactions above NIS 6,000 illegal

Offenders face significant fines & those splitting payments can be jailed. Law also applies to checks.

Cash transactions above NIS 6,000 illegal

Armored truck litters highway with bills

An armored truck carrying cash inexplicably found its back door open and part of its load scattered on the freeway.

Armored truck litters highway with billsplayer

Law restricting use of cash goes into effect

Israeli law limiting use of cash for purchases, payment of wages goes into effect. Violators could face up to 3 years in jail.

Law restricting use of cash goes into effect

Watch: Raining cash - armored truck spills money onto NJ highway

More than half a million dollars in cash spills out of armored vehicle onto New Jersey highway, as drivers scramble to grab what they can.

Watch: Raining cash - armored truck spills money onto NJ highwayplayer

Jewish candidates clutching cash ad theme appears in 6 states

Republicans in Alaska, Washington state, Connecticut, Pennsylvania, N. Carolina, California run ads showing Jewish Democrats handling cash.

Jewish candidates clutching cash ad theme appears in 6 states

Wonga investors raise £10 million to save company

Once hailed as fastest growing company in Europe, firm faced difficulties after surge in compensation claims and regulatory clamp-down.

Wonga investors raise £10 million to save company

'Toward a cashless society' - Gov't to limit cash transactions

Finance Ministry pushing to limit use of cash, checks between private individuals, businesses. Cash payments over $1450 to be banned.

'Toward a cashless society' - Gov't to limit cash transactions

Watch: Millionaire distributes cash at the Western Wall

Jewish millionaire from Chile whose net worth stands at hundreds of millions of shekels distributes 50 and 100-shekel bills at Western Wall.

Watch: Millionaire distributes cash at the Western Wallplayer

Will Israel be the World's First 'No Cash' State?

The government authorized establishment of a committee to examine ways to eliminate cash from the Israeli economy

Will Israel be the World's First 'No Cash' Society?