That the Treasury is in everything is almost a fact. Who and who visits us least every year and is attentive to the possible transactions that are carried out day by day. But a common question from many is about the income it controls, do you know that the Treasury controls money orders? And what other types of income you may be receiving?
If you had no idea that the Treasury controls money orders, as well as other transactions, then we are going to talk about each and every one of them.
What is a money order
According to the RAE (Royal Spanish Academy), a money order is:
«Transfer made by post offices«.
But what is a twist? We are talking about a set of operations (or just one) which consists of sending money from one person to another, using the Correos company for this.
The money order we could say that It is one of the ways to send money that has official validity. And it can be treated as a certificate with which the beneficiary declares that he has received that money; and the payer makes it clear that the money has been sent to that person.
We could say that it acts as if it were a check, since the person who receives the money order can accept or deny it.
Money orders are typically used between people who don't have a checking account, but sometimes also as a way that "the Treasury does not find out" though, is that true?
Why the Treasury controls money orders
We are sorry to tell you that, if you use this method to get paid without going through a bank account so that the Treasury does not detect it and so you can "charge in B", you are wrong. And it is that The Treasury DOES control money orders since they are movements of money from one place to another, sometimes quite high, and that draws attention to the treasury. Especially if they are significant amounts and/or recurring over time.
This is one of the ways they have to control money laundering. And also to "catch" those who want to save taxes or not declare that amount of money.
In other words, It is an instrument that they review when they see that there are "strange" or recurring exchanges. that set off the alarms and begin to investigate that person (both the one who sends it and the one who receives it).
How to put a money order
Putting a money order is no problem. In fact, all you have to do is go to a post office and request a money order. They themselves will process the service but you must provide them with certain information such as:
- Your name, surnames, ID, address...
- The name, surnames, address and, possibly, also ID, of the beneficiary of the money you are going to send.
- Your DNI (the safest thing is that they scan it to keep a copy since they have to prove that money order).
- The money you are going to send.
- The money to pay for the money order (because yes, this is a service and as such you have to pay their fee).
Once you give him all that, he will proceed to process it, being able to choose whether it is a normal money order (which can arrive in 1-2 days more or less), or an urgent one, which they try to do as soon as possible (in some places even on the same day). ).
When you put the money order you you will have a copy of having put it and having paid for it, and you can even request that they notify you when the other person has accepted it to know if it has been made effective or not (this can be a money order with acknowledgment of receipt that, although it is more expensive, in certain situations it is worth doing so).
What other income does the Treasury control?
Apart from money orders, which, as you have seen, the Treasury has in its sights, there are also other transactions that it monitors. It does not mean that they are illegal, far from it, but they are a problem, and a serious one, if they attract the attention of the treasury, because they can ask you for explanations of those incomes, especially if they are monthly or amounts repeated from time to time.
Indeed, Those who notify the Treasury are the banks themselves, not because they want to, but because they are obliged to (and in case of not notifying them, it could be a serious infraction for them).
Thus, the transactions that the Treasury monitors, apart from money orders, are:
500 euro banknotes
Or what is the same, a "Bin Laden", as he was nicknamed because they were very difficult to see for a mileurista person. In 2019 they stopped being made, but that does not mean that they cannot continue circulating or that they pay you for it.
What happens is that The Treasury does look very closely at those transactions that are carried out with those bills.
Income over 3000 euros
For the Treasury, when they exceed 3000 euros, all the alarms go off and need to clarify the reason for which a company or an individual has passed you that money that supposes a high amount.
Transactions of more than 10.000 euros
The same happens with any type of transaction that involves a movement related to more than 10.000 euros, an amount that not everyone has (or moves).
Loans or credits of more than 6000 euros
There is nothing wrong with the fact that they give you a loan or credit worth more than 6000 euros. But The Treasury does control what you are going to spend it on because he wants to know the type of movements you make with that sum of money.
Repeated cash receipts
That is to say, go to the bank and ask to be deposited into your account, or to an account with a certain amount of money. Once nothing happens. Neither do two. Five neither. But five, or twenty, or five hundred do set off the alarm to the Treasury and it begins to investigate where that amount of money comes from.
Now that you know that the Treasury controls money orders, and that there are also other transactions in which it has an eye on it, you know that you will not be able to hide from the Treasury.