500 Euro note

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Old Nov 23rd 2006, 12:19 am
  #31  
Martin
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Default Re: 500 Euro note

On Wed, 22 Nov 2006 23:42:02 -0000, "tim\(yet another new home\)"
<[email protected]> wrote:

    >"Alan S" <[email protected]> wrote in message
    >news:[email protected].. .
    >> On Wed, 22 Nov 2006 14:56:31 +0000, Padraig Breathnach
    >> <[email protected]> wrote:
    >>>"JPG" <[email protected]> wrote:
    >>>>As I was collecting my Euros from the bureau de change yesterday, the
    >>>>cashier showed me a 500 Euro note (in a fetching shade of purple). It
    >>>>occured to me that the highest denomination note issued by the Bank of
    >>>>England is �50, and they are very rarely seen (except on racecourses,
    >>>>not surprisingly).
    >>>>I wonder how many in the Euro zone have seen, let alone carried, a note
    >>>>of such high value. Even in the US where $1000 bills supposedly exist,
    >>>>very few are to be seen.
    >>>In Ireland, the highest denomination in general use is the �50, and it
    >>>is only very recently that I first even saw a �100 note when an ATM in
    >>>Vienna supplied me with some. We made sure that we used them all
    >>>before we came home, because I am sure that Irish outlets are not
    >>>familiar with them.
    >>>When I use ATMs in France (which I do a lot) they often supply me with
    >>>a wad of �20s. While �50s are not rare there, they seem relatively a
    >>>lot less common than in Ireland.
    >> Several ATM's issued �100 notes to me as I travelled; can't
    >> remember which countries. I don't recall having any problems
    >> using them.
    >Getting 100s in Germany is common. Few shops in
    >Germany will wince if you tender a 100 note, even for a 2
    >Euro purchase. OTOH, when in Italy I was once asked
    >if I had anything smaller when spending 35(,000lira) and
    >I offered a 50(,000lira) note.

Did you visit Italy in the days when there was a shortage of coins and they
used to give packets of bubble gum as small change?
--

Martin
 
Old Nov 23rd 2006, 12:20 am
  #32  
Martin
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Posts: n/a
Default Re: 500 Euro note

On Wed, 22 Nov 2006 17:55:07 -0000, "nightjar" <nightjar@<insert my surname
here>.uk.com> wrote:

    >"JPG" <[email protected]> wrote in message
    >news:[email protected] roups.com...
    >...
    >> Despite what you might hear, the UK only has problems with street-crime
    >> in deprived inner-city areas. Oddly, the Bank of England has never
    >> issued notes greater than �50, to my knowledge, although some scottish
    >> banks issue �100 notes, I believe.
    >Up to 1945, when anything above �5 was withdrawn from circulation, the Bank
    >of England issued notes in denominations of �100, �500 and �1,000.

So did Nazi Germany :-)
--

Martin
 
Old Nov 23rd 2006, 12:26 am
  #33  
David Horne
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Default Re: 500 Euro note

ALAN HARRISON <[email protected]> wrote:

    > "Giovanni Drogo" <[email protected]> wrote in message
    > news:[email protected] oengr.vans.vg...
    > > About denominations given by ATMs, maybe it depends from bank to bank. I
    > > always use Intesa ATMs (because they are free, using other banks won't
    > > be free) and they give 50s and 20s, no 10s. ...
    >
    > Interesting! I can draw cash "free" (at least at the Italian end+) from any
    > Italian ATM with my British card.

Me too! The only country where I frequently encounter ATM charges isn't
in Europe, so doesn't matter! :) (USA)

    > Similarly in Britain, as a Lloyds TSB
    > customer, I can draw cash free from machines operated by the other clearing
    > banks and at least one building society (Nationwide).

Are there any building society ATM's which charge? I'm not aware of any.

    > Have I correctly
    > understood you, Giovanni, that you, as an Intesa customer, would be charged
    > to withdraw from an ATM belonging to, say, BNL or Antonveneta?
    >
    > Alan Harrison
    >
    > + The _British_ banks make a charge for withdrawing cash in euros.

Which is why if you need to do this much, consider opening an account
with Nationwide. This is what I've done- they have free foreign
withdrawals, and the exchange rate seems pretty close to market-
certainly as close as RBOS which also _charges_ for the service. I don't
use them for most of my banking, but for travel abroad, it's very handy.

--
David Horne- http://www.davidhorne.net
usenet (at) davidhorne (dot) co (dot) uk
http://www.davidhorne.net/pictures.html http://soundjunction.org
 
Old Nov 23rd 2006, 12:34 am
  #34  
Frank Hucklenbroich
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Default Re: 500 Euro note

Am Thu, 23 Nov 2006 14:19:52 +0100 schrieb Martin:

    > Did you visit Italy in the days when there was a shortage of coins and they
    > used to give packets of bubble gum as small change?

Only had this happen to me in Brazil around 10 years ago. At Novotel Manaus
;-)

Regards,

Frank
 
Old Nov 23rd 2006, 12:36 am
  #35  
Giovanni Drogo
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Default Re: 500 Euro note

On Thu, 23 Nov 2006, ALAN HARRISON wrote:

    > understood you, Giovanni, that you, as an Intesa customer, would be charged
    > to withdraw from an ATM belonging to, say, BNL or Antonveneta?

Yes. I believe the charge is 2.7 euro. But there is usually an Intesa
ATM at hand (well, not where I go for holidays, it will cost more to
take the cable car down in the valley and return).

Note that in early times of the Bancomat system (just after 1985 ?)
there was no such fee, and one was able to use any ATM of any bank
from the beginning (unlike Germany at the time).

    > Interesting! I can draw cash "free" (at least at the Italian end+) from any
    > Italian ATM with my British card. Similarly in Britain, as a Lloyds TSB
    > customer, I can draw cash free from machines [...] by other banks

I am never sure whether my multifunction card operates as ATM card or
credit card when abroad, but I use it very seldom with foreign ATMs, I
did it once in Denmark, and I believe a pair of time in Scotland. I am
pretty sure in one of the cases in Scotland the machine gave me a notice
about "possible fees". I do not remember if and how I was charged in
such case (although I remember the machine gave me some scottish notes
which I later forgot to change before leaving the UK ... :-( ). In the
danish case I guess the charge was included in the exchange rate, and
when I came home I found that had been rather favourable.

It's a bit curious that common perception is that a fee of 2-3 euro for
an ATM withdrawal is high, while I was not feeling as high the fixed
commission on Eurocheques when they were in use.

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Old Nov 23rd 2006, 12:40 am
  #36  
Giovanni Drogo
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Default Re: 500 Euro note

On Thu, 23 Nov 2006, Martin wrote:

    > Did you visit Italy in the days when there was a shortage of coins and
    > they used to give packets of bubble gum as small change?

Or the "miniassegni" (mini-cheques) !
Collectors used to prize them somehow.

See e.g. http://www.portalino.it/mini/ (just first google entry for
"miniassegni".


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Old Nov 23rd 2006, 12:47 am
  #37  
Gerald
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Default Re: 500 Euro note

If you wish to see a large number of �500 notes, go to the winter
Casino in Venice.

The roulette table frequently has dozens of them on it at a time.
 
Old Nov 23rd 2006, 12:48 am
  #38  
Tim C .
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Default Re: 500 Euro note

Following up to "JPG" <[email protected]> :

    >As I was collecting my Euros from the bureau de change yesterday, the
    >cashier showed me a 500 Euro note (in a fetching shade of purple). It
    >occured to me that the highest denomination note issued by the Bank of
    >England is £50, and they are very rarely seen (except on racecourses,
    >not surprisingly).
    >I wonder how many in the Euro zone have seen, let alone carried, a note
    >of such high value. Even in the US where $1000 bills supposedly exist,
    >very few are to be seen.

Once or twice, at the very beginning. But I haven't seen one for a while
now. €100s are the norm here. You can buy a packet of smarties with a 100
here and no-one will bat an eyelid (you probably won't get much change
either).
--
Tim C.
 
Old Nov 23rd 2006, 12:52 am
  #39  
David Horne
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Posts: n/a
Default Re: 500 Euro note

Giovanni Drogo <[email protected]> wrote:

    > On Thu, 23 Nov 2006, ALAN HARRISON wrote:
    >
    > > understood you, Giovanni, that you, as an Intesa customer, would be charged
    > > to withdraw from an ATM belonging to, say, BNL or Antonveneta?
    >
    > Yes. I believe the charge is 2.7 euro. But there is usually an Intesa
    > ATM at hand (well, not where I go for holidays, it will cost more to
    > take the cable car down in the valley and return).
    >
    > Note that in early times of the Bancomat system (just after 1985 ?)
    > there was no such fee, and one was able to use any ATM of any bank
    > from the beginning (unlike Germany at the time).
    >
    > > Interesting! I can draw cash "free" (at least at the Italian end+) from any
    > > Italian ATM with my British card. Similarly in Britain, as a Lloyds TSB
    > > customer, I can draw cash free from machines [...] by other banks
    >
    > I am never sure whether my multifunction card operates as ATM card or
    > credit card when abroad, but I use it very seldom with foreign ATMs, I
    > did it once in Denmark, and I believe a pair of time in Scotland. I am
    > pretty sure in one of the cases in Scotland the machine gave me a notice
    > about "possible fees".

Some ATM's in the UK advise you that your own bank may impose fees if
you use a credit card to make a cash withdrawal. I doubt that the
Scottish bank would have imposed a charge though. There was a brief time
(in the 90s I think) when banks were going to impose charges, and some
did I think, but all bank atms are free now in the UK. There are lots of
private standalone ATM's which impose charges, and they will warn you of
the charge before you get your money- you can cancel the transaction at
that point.

    > I do not remember if and how I was charged in
    > such case (although I remember the machine gave me some scottish notes
    > which I later forgot to change before leaving the UK ... :-( ). In the
    > danish case I guess the charge was included in the exchange rate, and
    > when I came home I found that had been rather favourable.
    >
    > It's a bit curious that common perception is that a fee of 2-3 euro for
    > an ATM withdrawal is high, while I was not feeling as high the fixed
    > commission on Eurocheques when they were in use.

2-3 euro is indeed quite high. Especially when travelling, I prefer to
make several withdrawals rather than one big one, so it can add up. I
reckon I've saved around �100 since I started using an ATM card which
doesn't impose foreign fees!

--
David Horne- http://www.davidhorne.net
usenet (at) davidhorne (dot) co (dot) uk
http://www.davidhorne.net/pictures.html http://soundjunction.org
 
Old Nov 23rd 2006, 12:56 am
  #40  
David Horne
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Posts: n/a
Default Re: 500 Euro note

Tim C. <[email protected]> wrote:

[]
    > Once or twice, at the very beginning. But I haven't seen one for a while
    > now. �100s are the norm here. You can buy a packet of smarties with a 100
    > here and no-one will bat an eyelid (you probably won't get much change
    > either).

That might not be universal. I was given a tough time in Salzburg for
settling a 16 euro food bill with a 50- in August. It surprised me, I
admit!

--
David Horne- http://www.davidhorne.net
usenet (at) davidhorne (dot) co (dot) uk
http://www.davidhorne.net/pictures.html http://soundjunction.org
 
Old Nov 23rd 2006, 1:40 am
  #41  
Tim C .
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Posts: n/a
Default Re: 500 Euro note

Following up to [email protected] (David Horne, _the_
chancellor of the royal duchy of city south and deansgate) :

    >Tim C. <[email protected]> wrote:
    >[]
    >> Once or twice, at the very beginning. But I haven't seen one for a while
    >> now. €100s are the norm here. You can buy a packet of smarties with a 100
    >> here and no-one will bat an eyelid (you probably won't get much change
    >> either).
    >That might not be universal. I was given a tough time in Salzburg for
    >settling a 16 euro food bill with a 50- in August. It surprised me, I
    >admit!

That's surprising. I've traveled all over Austria and it seems the same to
me just about everywhere. Maybe they were just low on change and you got
unlucky. Still, I'll pay a bit more attention next time I'm out and about.

Maybe they were hoping you'd just leave the rest as a tip, thinking you
were a big-tipping USAian. ;-)
--
Tim C.
 
Old Nov 23rd 2006, 1:42 am
  #42  
Tim C .
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Posts: n/a
Default Re: 500 Euro note

Following up to Martin <[email protected]> :

    >Did you visit Italy in the days when there was a shortage of coins and they
    >used to give packets of bubble gum as small change?

Used to happen in the UK in the early 70s. A couple of fruit salad chews or
a flying-saucer. Maybe a rhubarb-and-custard boiled sweet.
--
Tim C.
 
Old Nov 23rd 2006, 1:43 am
  #43  
David Horne
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Posts: n/a
Default Re: 500 Euro note

Tim C. <[email protected]> wrote:

    > Following up to [email protected] (David Horne, _the_
    > chancellor of the royal duchy of city south and deansgate) :
    >
    > >Tim C. <[email protected]> wrote:
    > >
    > >[]
    > >> Once or twice, at the very beginning. But I haven't seen one for a while
    > >> now. �100s are the norm here. You can buy a packet of smarties with a 100
    > >> here and no-one will bat an eyelid (you probably won't get much change
    > >> either).
    > >
    > >That might not be universal. I was given a tough time in Salzburg for
    > >settling a 16 euro food bill with a 50- in August. It surprised me, I
    > >admit!
    >
    > That's surprising. I've traveled all over Austria and it seems the same to
    > me just about everywhere. Maybe they were just low on change and you got
    > unlucky. Still, I'll pay a bit more attention next time I'm out and about.
    >
    > Maybe they were hoping you'd just leave the rest as a tip, thinking you
    > were a big-tipping USAian. ;-)

Indeed! :)

Now I think about it, I saw someone get on a bus at the airport in
Barcelona and hand the driver 50 euro for the 3.75 fare. The driver
asked if he had anything smaller, the guy said no, and that was the end
of it. The driver gave him change.

--
David Horne- http://www.davidhorne.net
usenet (at) davidhorne (dot) co (dot) uk
http://www.davidhorne.net/pictures.html http://soundjunction.org
 
Old Nov 23rd 2006, 1:54 am
  #44  
Mimi
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Posts: n/a
Default Re: 500 Euro note

"Giovanni Drogo" <[email protected]> wrote in message
news:[email protected] zoengr.vans.vg...
    > On Wed, 22 Nov 2006, JPG wrote:
    > Anyhow I'd never pay anything costing more than 200 euro (more likely
    > 100) in cash. I'd use a Bancomat card, a credit card or a cheque.
    > Large cash payments are also going to become illegal quite soon in
    > Italy, at least for some kinds of transactions.
That's interesting, Giovanni. I had understood that Italians rarely used
credit cards. Are you unusual or is this a country-city thing?
And are cheques common?

Marianne
 
Old Nov 23rd 2006, 1:56 am
  #45  
Martin
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Default Re: 500 Euro note

On Thu, 23 Nov 2006 15:42:56 +0100, Tim C. <[email protected]> wrote:

    >Following up to Martin <[email protected]> :
    >>Did you visit Italy in the days when there was a shortage of coins and they
    >>used to give packets of bubble gum as small change?
    >Used to happen in the UK in the early 70s. A couple of fruit salad chews or
    >a flying-saucer. Maybe a rhubarb-and-custard boiled sweet.

It was the same period as in Italy.
--

Martin
 


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