500 Euro note

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Old Nov 23rd 2006, 1:59 am
  #46  
Ulf Kutzner
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Default Re: 500 Euro note

David Horne, _the_ chancellor of the royal duchy of city south and
deansgate schrieb:

    > I paid for something costing 11 euro in Spain recently with a 20 euro
    > bill- I was asked if I had anything smaller!

They might have been happy with 21 EUR.

Regards, ULF
 
Old Nov 23rd 2006, 2:09 am
  #47  
Markku Gr�nroos
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Default Re: 500 Euro note

"Ulf Kutzner" <[email protected]> kirjoitti
viestiss�:[email protected]...
    > David Horne, _the_ chancellor of the royal duchy of city south and
    > deansgate schrieb:
    >> I paid for something costing 11 euro in Spain recently with a 20 euro
    >> bill- I was asked if I had anything smaller!
    > They might have been happy with 21 EUR.
I bought a bottle of soda in Bamberg last summer. I handed over a note of
twenty. Lady at the cash register asked whether I have anything smaller than
that. After a negative answer she appered very surly. I was greatly amused.
I have never witnessed a response like that. After all I wasn't a customer
to a kiosk in Indonesia but a fairly large grocery store in Germany.
 
Old Nov 23rd 2006, 2:10 am
  #48  
B Vaughan
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Default Re: 500 Euro note

On Thu, 23 Nov 2006 12:01:18 +0100, Giovanni Drogo
<[email protected]> wrote:

    >On Thu, 23 Nov 2006, B Vaughan wrote:
    >It's ages since I do not make a withdrawal "by purpose" from the bank
    >and I cannot imagine why I should do it when I can use an ATM.

I do the banking for my husband's studio, and the studio doesn't have
an ATM card. Maybe they only give cards to individuals? They don't
have a credit card, either, and I'm pretty sure that can be had by a
firm. Maybe it's because my husband's accountant loves to have those
detailed pieces of paper provided by a bank when you make a
withdrawal. In any case, I often have to withdraw cash for various
reasons for the studio.

    > ... Also at
    >least with my bank (Intesa) non-ATM withdrawals have an handling fee ...
    >the idea is to charge for all operations one can do himself at an ATM or
    >via home banking. In fact last time I made a withdrawal at the counter
    >was just because in the next days ATM withdrawals could have been not
    >possible (if you book for a large trading operation to be executed in a
    >few days, your balance is declared "unavailable" for ATM withdrawals).

Our bank charges for absolutely everything. They were actually
charging more for a payment (bonifico) effected by internet than a
payment made in person at the bank until my husband protested.

They charge 1 euro a month for the *possibility* of using internet
banking, whether you actually use it or not. This annoyed me so much
on principal that I told them to remove this charge from my personal
account, as I was perfectly content to stand in line and waste the
time of a bank employee rather than use the internet. (I often have to
stand in line anyway for the studio, so I can manage my own
transactions at the same time.)


    >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. ... but I admit I've never
    >asked for an amount which could force a 10 to come out, provided the
    >machine stores it.

--
Barbara Vaughan
My email address is my first initial followed by my surname at libero dot it
I answer travel questions only in the newsgroup
 
Old Nov 23rd 2006, 2:10 am
  #49  
B Vaughan
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Default Re: 500 Euro note

On Thu, 23 Nov 2006 12:31:54 +0000,
[email protected] (David Horne, _the_ chancellor of
the royal duchy of city south and deansgate) wrote:

    >tim(yet another new home) <[email protected]> wrote:
    >[]
    >> 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.
    >I paid for something costing 11 euro in Spain recently with a 20 euro
    >bill- I was asked if I had anything smaller!

In our town, I am almost always asked if I have coins when I make a
purchase that's not an even amount. Sometimes I can see that the cash
till is overrunning with coins, so it must just be a reflex.

I bought something today that cost 10.62. I was asked if I had the
0.62, and I said I didn't. Then I was asked if I at least had the .02.

--
Barbara Vaughan
My email address is my first initial followed by my surname at libero dot it
I answer travel questions only in the newsgroup
 
Old Nov 23rd 2006, 2:10 am
  #50  
B Vaughan
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Default Re: 500 Euro note

On Thu, 23 Nov 2006 14:19:52 +0100, Martin <[email protected]> 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?

There's an Italian newspaper called the "Resto (change) del Carlino"
because it used to be taken as change for a coin called the carlino, I
think that a cigar and the newspaper made exactly one carlino, if I
remember correctly.

--
Barbara Vaughan
My email address is my first initial followed by my surname at libero dot it
I answer travel questions only in the newsgroup
 
Old Nov 23rd 2006, 2:15 am
  #51  
David Horne
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Default Re: 500 Euro note

B Vaughan <[email protected]> wrote:

[]
    > They charge 1 euro a month for the *possibility* of using internet
    > banking, whether you actually use it or not. This annoyed me so much
    > on principal that I told them to remove this charge from my personal
    > account, as I was perfectly content to stand in line and waste the
    > time of a bank employee rather than use the internet. (I often have to
    > stand in line anyway for the studio, so I can manage my own
    > transactions at the same time.)

I've heard of other banks charging for internet use too- I find it
astonishing, as the whole point of internet banking is as you suggest
that it requires less time in terms of customer service.

--
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, 2:30 am
  #52  
Giovanni Drogo
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Default Re: 500 Euro note

On Thu, 23 Nov 2006, Mimi wrote:

    > 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?

Cheques are/were very common (unlike, I hear, places like Holland where
they were abolished). It has always been the main way to make a large
payment (saying paying a month of hotel bill, or the electrician for 2
days of work, or settling the dentist's bill). I'd never carry with me
enough cash to do that. About city/country, this summer we wanted to
buy a carved wood dish from a craftsman at a local fair in a mountain
village. Since we where short of cash, and I was reluctant to withdraw
from the only ATM in the nearby village (not my bank -> fee), I
offered the craftsman to pay 90 eur with a cheque, and he made no
difficulty whatsoever.

The only reason I say "were" is that because cards are now preferred for
intermediate amounts which before would have been paid with a cheque.

It is correct that credit cards were almost unused in the past (I got my
first in 1988 when I had to go to Texas and almost never used it here
until the Government imposed some tax on it when I surrendered it). But
now most cards are multifunction (Bancomat i.e. ATM card, Pagobancomat
and credit card).

I see many people paying their shopping in supermarket and grocers with
a card (I suppose they use it as Pagobancomat) although I do not do it
(but I spend less !). But for any expense in a shop over 100 euro I
would use a Pagobancomat payment. No fee, money immediately deducted
from one's account ... which is fair enough if you carry the good with
you.

I would still be reluctant to use the credit card for such small
amounts, because I'm charged 1 euro per month for the credit card
account. The money will be deducted at the beginning of the next month
(it used to be the second month), and the interests to be earned
nowadays (they used to be higher) with such a short delay are
negligible. So I use the credit card only if I know I have to do
several payments in a month, and/or if I pay a service in advance (say
book a tour) AND the amount is not too large with respect to my ceiling,
and/or if I want to delay the payment (say settling an hotel bill while
I am on mission which will be refunded when I return), and/or it's an
online payment, and/or I am abroad.

Bank transfers ("bonifici bancari") are not so common for private
citizens as they are or were elsewhere (I remember 20 years ago in
Germany I paid the doctor's bill handing to my bank a form he sent me),
mainly because there are charges on them. However they are getting more
common with home banking (with cheaper charges). If I have to send an
advance to an hotel, or make an offer to a charity, given the
alternatives of paying via a postal current account (which costs I
believe 1 or 1.5 euro but requires queing at the post office) or using
an online bank transfer (which also costs 0.5 to 1 euro) I prefer the
second, because it is less of a hassle.

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Old Nov 23rd 2006, 2:40 am
  #53  
Lennart Petersen
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Default Re: 500 Euro note

"Martin" <[email protected]> skrev i meddelandet
news:[email protected]...
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?
--
No bubble gums but I've got a 200Lira bill issued from "Bank of Neapel" in
change.
Tunisia used to be equally difficult with coins for change and Cook Islands
was another example.
 
Old Nov 23rd 2006, 2:44 am
  #54  
Markku Gr�nroos
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Default Re: 500 Euro note

"Lennart Petersen" <[email protected]> kirjoitti
viestiss�:[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?

This has been common at the Sheremetyevo airport as well.
 
Old Nov 23rd 2006, 3:36 am
  #55  
Giovanni Drogo
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Default Re: 500 Euro note

On Thu, 23 Nov 2006, B Vaughan wrote:

    > I do the banking for my husband's studio, and the studio doesn't have
    > an ATM card. Maybe they only give cards to individuals? They don't

Are you using your personal account for the studio, or a separate
account (see also below for the convenience of this) ? I do not think
there is a veto against "corporate" ATM cards, at least for private
enterprises (it is different for public organizations, such as a
research institute, I wish we were able to have a corporate credit card
as institute).

    > firm. Maybe it's because my husband's accountant

ragioniere ? commercialista ? fiscalista ?
(sorry for foreigners, should be as un-understandable as the difference
between lawyer, barrister, solicitor, attorney instead of "avvocato" for
us)

Ask him about "F24 telematico" ... or just have a look on newsgroup
it.economia.fisco. There is a lot of chatting going on these days of
"finanziaria" and "decreto Bersani" on the topic, including
professionals asking whether they should keep two separate bank
accounts, one for personal expenses and one for the firm.

    > Our bank charges for absolutely everything.

Maybe your account is considered a "corporate" one and not a private
"consumer" account. Or maybe the bank is just greedy.

    > They charge 1 euro a month for the *possibility* of using internet
    > banking, whether you actually use it or not.

When I started using internet banking I did that because I got an offer
to do it for free. There was a fee before.

Nowadays banks in Italy are generally considered greedy. They did not
use to charge the typical "consumer" 20 years ago, at least if he had
some sort of "convention" (usually most employed people had a firm or
category convention with favourable conditions). At the time when I was
in Germany, both me and my British colleagues used to consider German
banks greedy.

Later the fashion with banks was to reduce the number of conditions and
push for a standard "family" convention. Essentially so many operations
per month free, and then you were charged.

Then at some point at least mine started to count as individual
operations things which before were grouped if occurring the same day,
so I complained.

The new trend was then conventions with a fixed fee per month and
unlimited operations ("bonifici" are still charged extra). Some banks
like mine have other offers (on normal accounts they reduce the fee if
you have more "products" of theirs, for good clients they reduce the fee
if the total of their deposit is above a given ceiling). I was paying
4.10 euro per month until last june with an 80% discount, and I pay
nothing now (except the stamp duty on the statements, and charges on
some special operations).


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Old Nov 23rd 2006, 3:40 am
  #56  
Giovanni Drogo
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Default Re: 500 Euro note

On Thu, 23 Nov 2006, B Vaughan wrote:

    > I bought something today that cost 10.62. I was asked if I had the
    > 0.62, and I said I didn't. Then I was asked if I at least had the .02.

Strange they did not ask if you had 0.12.
It is a reflex for me, if I do not have the exact amount, to give some
coins so that the change is somehow round.

This is often welcome.
The only case it was confusing was when I was paying some coffees to the
13-old daughter of our hotel keeper, but that's because she was not so
good with maths :-)

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Old Nov 23rd 2006, 4:59 am
  #57  
Keith Anderson
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Default Re: 500 Euro note

On Thu, 23 Nov 2006 15:40:24 GMT, "Lennart Petersen"
<[email protected]> 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?

Remember it well - telephone tokens*, sweets (candy) and once even a
rather good pre-packed small salami in lieu of change.

* Gettoni/giettoni (sp?)



Keith, Bristol, UK

Email: usenet[dot]20[dot]keefy[at]spamgourmet[dot]com

A spamtrap - but I'll get your mail
 
Old Nov 23rd 2006, 5:17 am
  #58  
Giovanni Drogo
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Default Re: 500 Euro note

On Thu, 23 Nov 2006, Keith Anderson wrote:

    > Remember it well - telephone tokens*, sweets (candy) and once even a
    > * Gettoni/giettoni (sp?)

gettoni, the i is unnecessary as e already softens the g.
IPASCII /dZettoni/
more or less jet-tony

Unfortunately now replaced by telephone cards, of minimum value 3 euro,
difficult to find, more likely 5 or 10 euro, which expire after so many
months ... usually more than 50% unused :-(


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Old Nov 23rd 2006, 7:26 am
  #59  
Alan Harrison
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Default Re: 500 Euro note

"David Horne, _the_ chancellor of the royal duchy of city south and
deansgate" <[email protected]> wrote in message
news:1hp9bsd.1r25ibx1n9lrx5N%this_address_is_for_s [email protected]...

citing me:

    >> + The _British_ banks make a charge for withdrawing cash in euros.

David:

    > 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.

Yeah, I'm aware of this, and was just about to get myself a Nationwide
account when I got made redundant, so I'm no longer the most desirable
customer. :-)

I do, howver, use a Nationwide credit card for foreign currency purchases,
since it has the same advantages.

Alan Harrison
 
Old Nov 23rd 2006, 9:37 am
  #60  
Martin
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Default Re: 500 Euro note

On Thu, 23 Nov 2006 17:59:58 +0000, Keith Anderson <[email protected]> wrote:

    >On Thu, 23 Nov 2006 15:40:24 GMT, "Lennart Petersen"
    ><[email protected]> 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?
    >Remember it well - telephone tokens*, sweets (candy) and once even a
    >rather good pre-packed small salami in lieu of change.

Only a matter of time before the Dutch kroket becomes and international
currency.
--

Martin
 


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