Where 500 euros are taken and what traps are waiting for the owners

500 euros They are not officially printed, but remain a legal payment tool. They should accept everywhere, however, banks put filters: limits, commissions, work distrusts.

What happens with bills of 500 euros: where they accept and what traps are waiting for the owners of these banknotes

Purple “monster” At 500 euros has not been printed for a long time, but remains a legal means of payment in the euro zone. No one is going to remove it from the circulation: retail outlets are required to accept the bill, and banks will exchange it at any time and without a limitation period.

Why the release was stopped

The European Central Bank decided in 2016 to stop the seal of 500-European banknotes. Argument: too convenient for shadow operations and transportation of cash. In the new series of Europe, the nominal nominal has limited – now it is a maximum of 100 and 200 euros.

Underwater stones when using

• Atm: Most ATMs do not accept bills of 500 euros. We will have to go to the cashier.
• Minimum amount: Many banks do not accept a single 500 euros if the total amount is less than 2000.
• Exchange: If you try to exchange for small bills for entering through an ATM, the bank can take a commission (about 0.15%).
• Large sums: Over 5000 euros, as a rule, are accepted without problems, but can request documents and additional identification.

What is worth remembering

• Be sure to take the receipt of money.
• Do not abuse cash: large amounts attract the attention of services to combat money laundering.

Conclusion: 500 euros are still in use, but it has become more difficult to treat them. Legally – it does not mean convenient. Banks look at these bills as suspicious, which means that the holder will have to put up with restrictions.

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