Higher value notes.

[Ratchet]

I’ve recently come into a little bit of money. Decided to treat myself. Because of how I was paid out it’s all in high value notes. Would this be an issue when taking payment?

[Noregrets]

I’ve recently come into a little bit of money. Decided to treat myself. Because of how I was paid out it’s all in high value notes. Would this be an issue when taking payment?

No once your not expecting change

[JennyIrish]

I’ve recently come into a little bit of money. Decided to treat myself. Because of how I was paid out it’s all in high value notes. Would this be an issue when taking payment?

Lucky you! I remember in my college days working in a bar and all the builders were rolling in the money back then the €500 notes and €100 notes would be flying across the bar, I haven’t seen a €500 note in years I do get €100 notes every now and then from clients, I like to keep them for communion or birthday cards for my nieces or nephews because it’s such a thrill for them to see €100 note, Well to be honest it’s At thrill for me too ha ha ha!!!

I wouldn’t imagine that it would be a difficulty for a lady who is self-employed (I’m going to presume we are talking €500 notes here, right?) And she could just lodge it, But even for yourself if it’s the case That you are not going to be lodging the cash how are you even going to spend it yourself unless you’re going to buy a car or cattle or something because nowadays you see and so so many shops “no €50 notes accepted due to fraud” etc etc Although if the lady wanted to treat herself to a high value item she could probably use the notes.

Apart from my car, hand on heart I have only ever once treated myself to a high value item, a pair of Chanel sunglasses, I’m not even going to say how much they cost because it’s actually embarrassing but there was no problem in paying in cash for them.

And do you know what’s even more embarrassing? After paying an obscene amount of money for them I hardly ever ever wear them because I’m so afraid of breaking them or damaging them, even though they are sunglasses they came with Chanel pearls attached which I adore but nope they just live in my car permanently, I admire them every now and then but very rarely wear them!!!

[Noregrets]

The most cash any retailer is allowed accept is €10k due to money laundering regulations.

[oddball]

So paying with $500M bills is a go then?
https://www.ebay.co.uk/itm/154026078011
Unfortunately even Zimbabwe has abandoned their currency so it's not legal tender even there, in other words worthless except as a collectable.

[Rua]

Lucky you! I remember in my college days working in a bar and all the builders were rolling in the money back then the €500 notes and €100 notes would be flying across the bar, I haven’t seen a €500 note in years I do get €100 notes every now and then from clients, I like to keep them for communion or birthday cards for my nieces or nephews because it’s such a thrill for them to see €100 note, Well to be honest it’s At thrill for me too ha ha ha!!!

I wouldn’t imagine that it would be a difficulty for a lady who is self-employed (I’m going to presume we are talking €500 notes here, right?) And she could just lodge it, But even for yourself if it’s the case That you are not going to be lodging the cash how are you even going to spend it yourself unless you’re going to buy a car or cattle or something because nowadays you see and so so many shops “no €50 notes accepted due to fraud” etc etc Although if the lady wanted to treat herself to a high value item she could probably use the notes.

Apart from my car, hand on heart I have only ever once treated myself to a high value item, a pair of Chanel sunglasses, I’m not even going to say how much they cost because it’s actually embarrassing but there was no problem in paying in cash for them.

And do you know what’s even more embarrassing? After paying an obscene amount of money for them I hardly ever ever wear them because I’m so afraid of breaking them or damaging them, even though they are sunglasses they came with Chanel pearls attached which I adore but nope they just live in my car permanently, I admire them every now and then but very rarely wear them!!!

How obscene are we talking about , can sunglasses be that expensive ?

[rockonallnite]

The European central bank stopped issuing 500 euro notes in 2019 due to money laundering issues. They are still legal tender if you come across one, but some places will not accept them.

https://en.wikipedia.org/wiki/500_eu...20April%202024.

[MiaX]

Lucky you! I remember in my college days working in a bar and all the builders were rolling in the money back then the €500 notes and €100 notes would be flying across the bar, I haven’t seen a €500 note in years I do get €100 notes every now and then from clients, I like to keep them for communion or birthday cards for my nieces or nephews because it’s such a thrill for them to see €100 note, Well to be honest it’s At thrill for me too ha ha ha!!!

I wouldn’t imagine that it would be a difficulty for a lady who is self-employed (I’m going to presume we are talking €500 notes here, right?) And she could just lodge it, But even for yourself if it’s the case That you are not going to be lodging the cash how are you even going to spend it yourself unless you’re going to buy a car or cattle or something because nowadays you see and so so many shops “no €50 notes accepted due to fraud” etc etc Although if the lady wanted to treat herself to a high value item she could probably use the notes.

Apart from my car, hand on heart I have only ever once treated myself to a high value item, a pair of Chanel sunglasses, I’m not even going to say how much they cost because it’s actually embarrassing but there was no problem in paying in cash for them.

And do you know what’s even more embarrassing? After paying an obscene amount of money for them I hardly ever ever wear them because I’m so afraid of breaking them or damaging them, even though they are sunglasses they came with Chanel pearls attached which I adore but nope they just live in my car permanently, I admire them every now and then but very rarely wear them!!!

Life is too short, Jenny, wear those sunglasses, it will go well with your other pearls! ��

[philipkntz]

The European central bank stopped issuing 500 euro notes in 2019 due to money laundering issues. They are still legal tender if you come across one, but some places will not accept them.

https://en.wikipedia.org/wiki/500_eu...20April%202024.

500 euro notes were withdrawn from circulation. If you do find yourself in possession of a 500 euro note, some are worth considerably more than their face value. Some Irish printed notes have changed hands for 36000.

[philipkntz]

One reason shops might refuse to take large notes is the ability to give change. Tills usually have less than 300 euro in the drawer and a time lock on the safe change needs to be kept to serve other customers.
Rather than refusing, I often ask customers when would they would like to call back for their change. At that stage they usually come up with an alternative method of payment.
But I am familiar with the security features of large notes. Younger staff might not have any experience of handling real large denomination notes. And they can be held responsible if they accept fake notes without authorisation.