🫏 Can I Use 500 Euro Note In Europe

The €500 banknote, like the other denominations of euro banknotes, will always retain its value and can be exchanged at the national central banks of the Eurosystem for an unlimited period of time. For more information, you can consult the following press release: I usually have no trouble cashing out the 50 euro bills as most restaurants,museums,stores readily take the 50 euro bills. I try to save my 1-2 euro coins,5,10,and 20 euro bills for small purchases. I rarely use my credit cards in europe and try to pay cash. Since I know I am coming back to europe I try and keep around 500 euros around my home. 6 days ago · euro, monetary unit and currency of the European Union (EU). It was introduced as a noncash monetary unit in 1999, and currency notes and coins appeared in participating countries on January 1, 2002. After February 28, 2002, the euro became the sole currency of 12 EU member states, and their national currencies ceased to be legal tender. Shops are more likely to accept large denominations if they are making a large sale. TV costs €499.99, customer pulls out €500 note. They will never give €400 as change. There is an additional problem that staff may not be trained to check for counterfeit in large denominations. That's another reason for rejection. The creative thinking behind the euro. THE EURO SYMBOL. Inspired by the Greek letter epsilon (€) it is a reference to the cradle of European civilization; Parallel lines signify stability of the euro; Stands for the first letter of the word "Europe" in the Latin alphabet; 347 million: number of Europeans (in 20 euro area countries) who use Are 500 Euro notes accepted by banks in Spain? However, I'd like to know if there are any known places that exchange these notes at these cities: Munich; Amsterdam; Brussels; London; Dublin; One place at ANY of these cities is enough for me. It's ok if I have to wait sometime until they verify the notes to avoid frauds and etc. The concept of taking the Euros to different nations was to give countries who may not be able to host an entire tournament the chance to be involved in staging a major international competition. EURO 2020: This year’s European Championships will be staged across 11 host cities. Picture: Getty Images. Can I use 500 euro note in Italy? @DCTLib Not true. There's a EU directive that means you have to accept up to 50 euro coins. In Germany shops are allowed to not accept large banknotes (200 and 500€) though as long as they clearly indicate this and the bill isn't appropriate to the bill (i.e. paying a 450€ bill with a 500€ note is fine, but paying for 60€ isn't), although that's a somewhat legal grey zone. 4 May 2016. ECB has decided to discontinue production and issuance of €500 banknote. Europa series of euro banknotes will not include the €500. €500 banknote remains legal tender and will always retain its value. Today the Governing Council of the European Central Bank (ECB) concluded a review of the denominational structure of the Europa It's up to everyone discretion, I for one wouldn't never ever change a 500€ for a stranger nor would I give the change - and I am a shop owner and it's perfectly legal not to. The redesign of euro banknotes consists of two consecutive phases: Selecting future themes for euro banknotes. We commissioned a study to consult European citizens in focus groups about their views on possible future themes. The results served as input for the subsequent steps. The ECB’s Governing Council shortlisted seven themes, including Unfortunetely the bank next to my office was able to offer me EUR 500 note only (all other notes had been sold out already, it was rough time, everyone tried to sell roubles and buy EUR/USD) You might be surprised but i read that EUR 500 and EUR 200 notes are most common in Russia, Ukraine and Israel. Answer 1 of 12: Hi. I am traveling to India very soon. I only have 500 euro notes with me. In some countries even in Europe is difficult to change it. I want to know if Indian banks accept 500 euro note. In Latin America banks don't accept a 500 euro note!!!! 7,168 posts. 5. Re: Large Euro bills- exchange for smaller denominations? 1 year ago. Save. Great to hear. Most places in Spain (and in most Euro countries) large bills of 200 and 500 will not be accepted (some will even frown upon a 100 bill). The 500 bill was discontinued (although still valid). What, no, currency doesn't work like that. 500 euros is 500 euros, no matter which bills or coins you have. There are some collector coins and notes, but those are completely different thing. You won't make more money than your bill is worth with regular 500e bill. And actually having 500 bill is highly unpractical, most stores don't wanna take .

can i use 500 euro note in europe