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EU 500 Note

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  • 30-06-2021 8:30pm
    #1
    Registered Users Posts: 51 ✭✭


    Anyone happen to know if it is possible to get a Eu500 note somewhere in town ?


Comments

  • Registered Users Posts: 3,920 ✭✭✭Grab All Association


    They are still legal tender, but it was difficult to get them before they stopped printing them. I imagine you’ll need to go to Dublin


  • Registered Users Posts: 1,037 ✭✭✭DukeCaboom


    It was ten years ago the last time I'd to get them. I rang the bank and ordered them.


  • Registered Users Posts: 1,469 ✭✭✭MAULBROOK


    A few years ago my brother paid me back money he owed me, all in €500 notes. You should of seen the girl in Tesco when I handed one over for a €40 shop. I felt like they where going to call the Gards.


  • Moderators, Regional Abroad Moderators Posts: 2,257 Mod ✭✭✭✭Nigel Fairservice


    One of the larger bank branches in town may have some. We seem to have an aversion to notes over €50.


  • Registered Users Posts: 659 ✭✭✭yenom


    I think the ECB stopped printing them?


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  • Moderators, Regional Abroad Moderators Posts: 2,257 Mod ✭✭✭✭Nigel Fairservice


    yenom wrote: »
    I think the ECB stopped printing them?

    Printing of new ones has stopped but the ones in circulation are still legal tender.


  • Registered Users Posts: 6,334 ✭✭✭secman


    I once sold a car for €4,500 back in 2003, the guy was in Insurance and his wife a doctor, they paid me with 9 €500 notes, very weird at the time. Had to change one of them in a rural pub one night, gas episode all together :)


  • Registered Users Posts: 1,037 ✭✭✭DukeCaboom


    secman wrote: »
    I once sold a car for €4,500 back in 2003, the guy was in Insurance and his wife a doctor, they paid me with 9 €500 notes, very weird at the time. Had to change one of them in a rural pub one night, gas episode all together :)

    I remember here there used to be a lad go to local gaa matches a try to pay at the gate with a €500 note, tell them he'd nothing smaller and they'd usually let him in for free.


  • Registered Users Posts: 2,419 ✭✭✭antix80


    DukeCaboom wrote: »
    I remember here there used to be a lad go to local gaa matches a try to pay at the gate with a €500 note, tell them he'd nothing smaller and they'd usually let him in for free.

    Sounds like that film The Million Pound Note except in ireland and on a smaller scale


  • Registered Users Posts: 3,817 ✭✭✭Darc19


    EU have stopped issuing them to and banks don't give them out either.

    As they come in they are sent for destruction.

    Just on the legal tender. No business has an obligation to accept any notes whatsoever unless a debt has already occurred and the payment is in settlement of that debt

    For such debt to occur, the business must have an account in the name of the debtor.

    So anyone who thinks "legal tender" allows them flash a large note and hope to get something free is badly mistaken


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  • Registered Users Posts: 18,129 ✭✭✭✭rob316


    €500? You'd barely see a €100 note these days


  • Registered Users Posts: 68,998 ✭✭✭✭L1011


    rob316 wrote: »
    €500? You'd barely see a €100 note these days

    Can barely shift one either.

    Got a 200 once and Tesco eventually took it after getting a manager down to decide - should have lodged it. Only 500 I've seen in the flesh was a fake, warned the place that took it that it was a fake and all - someone 'paid' for a 50 quid doctors visit it with and got 450 in real money in change.


  • Registered Users Posts: 18,129 ✭✭✭✭rob316


    L1011 wrote: »
    Can barely shift one either.

    Got a 200 once and Tesco eventually took it after getting a manager down to decide - should have lodged it. Only 500 I've seen in the flesh was a fake, warned the place that took it that it was a fake and all - someone 'paid' for a 50 quid doctors visit it with and got 450 in real money in change.

    That amount of money in once piece of paper is too much, we've all lost cash in the past, you'll live over €50 even but imagine losing €500 note.,


  • Moderators, Regional Abroad Moderators Posts: 2,257 Mod ✭✭✭✭Nigel Fairservice


    rob316 wrote: »
    €500? You'd barely see a €100 note these days

    I'd very rarely see a €100 in ireland. They seem more common on the continent and businesses don't seem as reluctant to take them. I got a few out of ATMs on the continent over the years but I think ATM machines here don't stock them. We did have an old £100 (Parnell was on the back of it) but I only ever saw one in circulation once (an uncirculated one can fetch hundreds of euro these days). I don't think the £100 note was very common so it may explain our attitude to larger notes. Some uncirculated Irish €100 notes with the letter T can sell for more than face value.

    L1011 wrote: »
    Can barely shift one either.

    Got a 200 once and Tesco eventually took it after getting a manager down to decide - should have lodged it. Only 500 I've seen in the flesh was a fake, warned the place that took it that it was a fake and all - someone 'paid' for a 50 quid doctors visit it with and got 450 in real money in change.

    A friend of mine got €1500 from her grandparents in €500 notes as a present. She was living in the UK but her grandparents were in France. None of her local banks in the UK would change the notes to Sterling for her. She brought them with her on a visit to Ireland and I was able to lodge them in my Ulster Bank account and send her the money on Revolut. Even my bank were semi reluctant to take them but agreed as I was a longstanding customer. I'm sure they checked out their authenticity as well before agreeing to lodge them.


  • Registered Users Posts: 7,272 ✭✭✭Brussels Sprout


    I only ever saw a €500 and a €200 once and that was not soon after we switched currencies. My father needed to get €800 from the bank and they gave it to him in three notes, for some reason.


  • Moderators, Recreation & Hobbies Moderators, Sports Moderators Posts: 15,722 Mod ✭✭✭✭Tabnabs


    Worth more than the legal tender value if you can get your hands on one.

    https://www.ebay.ie/sch/i.html?_from=R40&_trksid=p2380057.m570.l1313&_nkw=500+euro+note&_sacat=0


  • Registered Users Posts: 24,644 ✭✭✭✭punisher5112


    Got attacked years ago, guy offered compensation so got away with a warning, the Garda rang me to say I had to come down and sign for it, he took out an envelope, opened it up and counted out 3 €500 notes brand new, not a crease....

    The face on him handing it over....

    Had a few after that few €200 and €100 but last time I seen any has been a very long time.

    Found a €100 note all scrunched up in a toilet.


  • Registered Users Posts: 14,286 ✭✭✭✭leahyl


    Was working in Dunnes about 18 years ago now and a guy came in one day and was buying a few items of clothing and produced a 500e note - I freaked out, but the manager said I could accept it anyway…I was just worried I’d give back the wrong change and to this day I’m convinced I did!


  • Registered Users Posts: 1,080 ✭✭✭MissShihTzu


    100, 200 and 500 euro notes are like trying to change a £50 in the UK. Nobody will take them!

    I was going home to the UK one year. Went to the PO in Shandon St (now closed). Fella tried to give me my sterling in £50 notes. I pushed them back over the counter and asked if he was trying to get me arrested!! You can't pass a £50 note in London! :D


  • Registered Users Posts: 2,497 ✭✭✭beachhead


    No problem " passing" £50s in London or anywhere in the UK.Anyone on here got £50's to get "rid" of I'll take them and give you £40 or £35 change.We can negotiate my fee.Cornershops take them,bars take them,supermarkets take them.An Post wouldn't do much foreign exchange business if people refused to take £50's for their hard earned Euros



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  • Registered Users Posts: 2,497 ✭✭✭beachhead


    The EU began withdrawing e500 a long time when they realised the criminal fraternity worldwide loved them.Very few ever made it into general circulation.A suitcase of e500 is a lot easier to carry than the same value in US $.The Shelbourne or 4Seasons in Dublin might have one or two in the till



  • Registered Users Posts: 26,335 ✭✭✭✭breezy1985


    £50s are quite uncommon in the UK though. Yes places will take them but often people were very nervous handling them and would clear it with a manager. Places I worked would never ever have 20s in the till at the start of the day and not many 10s so a few 50s became a problem pretty quick on the rare occasion it happened



  • Registered Users Posts: 1,597 ✭✭✭tdf7187


    I'm pretty sure lap dancing joints and casinos in London take them. A fella told me that.



  • Registered Users Posts: 1,080 ✭✭✭MissShihTzu


    Londoner born and bred here. I repeat - you can't pass a £50 note anywhere here. Not without a great deal of hassle! Most shops won't take them. Marks & Spencer will, but only if you call a manager or a supervisor to verify the note (Personal experience as I used to work for them). Not worth the agg, so I refuse the £50's if offered to me here. Come to that, I don't bother getting sterling here as the rates are crap, so usually just draw from my sterling account if I need cash when home.



  • Registered Users Posts: 1,080 ✭✭✭MissShihTzu


    Even Scottish banknotes induce panic in London, even though they're legal tender south of the border!😉



  • Registered Users Posts: 4,553 ✭✭✭AugustusMinimus



    No they’re not. They’re not even legal tender in Scotland. Bank of England notes are the only legal tender in the UK.

    Those Scottish and NI notes are considered to be legal “currency”. They do not have to be accepted by anyone in the UK in settlement of a debt.

    Those Scottish and NI notes are simply pegged to the Sterling and the banks who issue them make a commitment to the holder of exchanging them for real Bank of England notes. If I lived in England I wouldn’t accept them either.



  • Registered Users Posts: 4,553 ✭✭✭AugustusMinimus



    No where does it say you need to have an account for a debt to occur. I’m happy to be proven wrong if you can show me something in Irish legislation or case law which says otherwise.

    Let’s take the case where you go for a meal. If you try to pay with a €500 note it’s too late for them to refuse your custom. You don’t have an account with the restaurant either.

    Not sure what you mean in your last paragraph either.



  • Registered Users Posts: 17,038 ✭✭✭✭the beer revolu


    Actually, it turns out that Bank of England notes aren't legal tender in Scotland, either - only coins are legal tender.



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