To put into perspective: there’s Beluga (a type of caviar) in Switzerland that costs Fr. 1000 or over 1.2k USD, so a Fr. 1000 bill will be accepted at luxury or high end stores.
I’ve seen a video where a German woman wanted to buy flowers with that bill but was told they don’t have enough change to hand back hence why they politely refused despite the fact this bill exists and is legal tender.
Just have this instead, it’s much more compact (~$1.2k in your pocket) -
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It’s a typo, sorry. Anyway, even though the 500€ note is considered obscure: can high end stores accept that as payment? Euros makes USD look cheap since most of their physical notes from the USD are the same size & look bland. Euro bank notes look colorful in comparison. I would say it’s difficult to counterfeit Euro than US Dollars (especially the $100 bill is prone to fakes).
whats with these Euros? Why cant they just accept dollars here
Little did they know, Euro is WORTH MORE than US Dollars at face value as reflected by the exchange rate. A 200€ (~$235) note is higher than $100, and there is a 500€ (~$589) note (although no longer in circulation) but nevertheless, it still exists & definitely more than $100.
From what I’ve heard, he traveled via a cruise ship bound for Britain by putting that into luggage in a concealed compartment.
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who uses cash nowadays
Cash exists for a reason such as in the case of power outages, most payment systems are down in that type of scenario, since those are reliant on electricity so cash is a back up.
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No shop accepts them. ATMs give out 50 euro notes
Will electronic stores accept either 100 or 200€ bills when purchasing an iPhone for 1500€ upon paying in cash? Also, can you pay only with 200€ (x30) only in physical currency when purchasing a 8K TV that may be 6000€.
100€ is not that common
But, can you visit a bank enquiring if they stockpile that denomination? (Same with 200 or 500€ bills) Like, “can I withdraw 5000€ in cash from my account consisting of only 100 & 200€ bills?”
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It’s also one of the reasons why the Swiss Franc keeps updating their currency every decade or so (new issues deeming the old ones void) while the US Dollar remains the same for a long time.