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Off topic & small talk: 500 Euro bill

Topic created on 21st May. 2023 | Page: 1 of 2 | Answers: 17 | Views: 2,357
test45
Amateur

500 Euro bill

21st May. 2023, at 12:17 pm CEST#1
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Mal ' ne question,
i still have three 500-euro bills, I can pay nowhere more with it, can I change the one 500-euro bill in a betting office or do they accept something like that?
Since I have only one direct bank, I can change that if only at a central bank, which is at the A... of the world and only from 9 to 12 clock open

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Langhans
Expert

500 Euro bill

21st May. 2023, at 12:24 pm CEST#2
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Where can I change a 500 euro bill?

You can exchange your 500-euro bills for an unlimited period of time at national banks and get smaller bills in exchange.

https://www.sparkasse.de/pk/ratgeber/finanzplanung/finanzen-und-haushalt/bargeld/abschaffung-500-euro-schein.html


I can't say for sure if this is the case. I don't remember ever owning one

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gamble1
Legend

500 Euro bill

21st May. 2023, at 12:29 pm CEST#3
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So I can always change in the casino without any problems 500 at the end of the day, they are all happy if the coal remains with them and small bills you knock out easier than very large

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refucs
Top Member

500 Euro bill

21st May. 2023, at 12:54 pm CEST#4
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test45 wrote on 21.05.2023 at 12:17 pm: times ' ne question,
i still have three 500-euro bills, I can pay nowhere with it, can I change the one 500-euro bill in a betting office or do they accept something like that?
Since I have only a direct bank, I can change that if only at a central bank, which is on the A... of the world and only from 9 to 12 clock open

maybe you have acquaintances who are at Volksbank/Sparkasse/Commerzbank etc.... then you could possibly exchange or they pay it in and pay out directly again.

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Max-Power
Amateur

500 Euro bill

21st May. 2023, at 01:35 pm CEST#5
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€500 bills are still valid and legal tender and will remain so.
It's just that no new ones are being printed.
In some stores (often in gas stations), 200 and 500 euro bills have always been unwillingly accepted (or not accepted at all). Perhaps they prefer small bills, so that more change remains in the cash register, or they are afraid of counterfeit money, which means greater damage with a large bill.
I haven't tried it yet, but you could maybe ask in a big supermarket if they accept 500s. They often have a counterfeit money tester and the cash registers full of 50s and 100s, maybe they are even happy if they have fewer bills in the cash register.

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Anonym

500 Euro bill

21st May. 2023, at 01:56 pm CEST#6
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I had the same problem once. I did it the way refucs mentioned. My mother deposited the at the SK, and then afterwards gave me back the smaller bills.

But I also thought I'm crazy when I realized that I do not get changed alone. Unfortunately, you are not allowed to light it.

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Falko
Icon

500 Euro bill

21st May. 2023, at 02:11 pm CEST#7
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On Ebay, the 500 euro bills are offered for a higher price. Because they are no longer printed, the attractiveness of these bills increases and therefore also ensures that people still earn money with it. Can it yes times try so a bill on Ebay for 550 euros reinstellen.

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frapi07
Expert

500 Euro bill

21st May. 2023, at 02:17 pm CEST#8
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Max-Power wrote on 21.05.2023 at 13:35: 500€ bills are still valid and legal tender and will remain so.
There are just no new ones being printed.
Some stores (often gas stations) have always been reluctant (or unwilling) to accept 200 and 500 euro bills. Perhaps they prefer small bills, so that more change remains in the cash register, or they are afraid of counterfeit money, which means greater damage with a large bill.
I haven't tried it yet, but you could maybe ask in a big supermarket if they accept 500s. They often have a counterfeit money tester and the cash registers full of 50s and 100s, maybe they are even happy if they have fewer bills in the cash register.


So, at the gas stations no larger bills are accepted, except in extreme cases: no EC card/credit card, not enough cash or no residence in DE (tourists etc..). Primarily it is about the change. The cash registers do not have more than 500€ in them because of the Insurance regarding robberies. The cash registers always had to be opened with 245-250€. So if someone comes along with 200€ and gets no idea 150€ change, then you still have 100€ change left (most of it certainly also in coins). The 500€ will not be accepted, unless the customer accepts coins. Then theoretically you could do that with a little effort. If they did not agree and had already filled up
there was only the possibility to fill out a document and leave his ID. One had then ne week time to come back and settle the bill. Personally, I have already accepted 2-3 200s in 5 months.

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Frankey
Experienced

500 Euro bill

21st May. 2023, at 03:49 pm CEST#9
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And if someone you trust deposits the bills in the bank and then transfers them to your account? If you want to exchange as a non-customer at the counter, it is guaranteed to cost any fees. For the hard task of exchanging 3 large bills into a few small ones. These are fees that I do not begrudge banks. I'd rather ask someone and invite them for dinner or a few drinks.

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mowolum
Elite

500 Euro bill

21st May. 2023, at 09:47 pm CEST#10
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You can exchange it in any exchange office.
But they are not on every corner.

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