The rumor that transfers over €800 would be blocked for 24 hours sparked public concern in France. However, this information was debunked by the Ministry of Economy.
Transfer Block Rumors
A viral TikTok video from late May claimed that starting October 2025, transfers exceeding €800 between individuals would be automatically blocked for 24 hours for tax verification. The post quickly spread across social media, causing public unrest. It was claimed that this decision was based on official announcements from the Ministry of Finance and some media outlets.
Government Response and Reform Clarification
The French Ministry of Economy formally denied these rumors, stating that no laws or decrees provide for an automatic transfer block at €800 for 24 hours. According to clarifications, in fact, a reform will come into effect on October 9, 2025, concerning the matching of IBAN and recipient names, but it does not involve blocking transfers.
New Trends in Financial Transfers
In response to rumors of traditional bank transfer controls, interest in cryptocurrencies such as bitcoin is growing. These assets allow for direct transfers without the need for bank verification, highlighting their appeal amid increased scrutiny of financial transactions.
Despite the widespread rumors of transfer blocks, official sources have debunked this information, emphasizing that the aim of new reforms is to enhance transaction security rather than implement automatic tax controls.
