Eeeeh?? Excuse me? (Bank charge 3 euro to change a 500 note)

fend · 30-09-2010 06:36PM

Times are still tough... That €3 is better off in my pocket, than the banks.

inmyday · 30-09-2010 07:08PM

deisedevil wrote: »

3 euro to break down a 500 is much too bloody high. Yes they should charge but that sounds bloody ridiculous and doesn't seem a fair price for handing out ten 50 euro notes, does it?

It's the same with the over the top charges when you miss a direct debit payment etc. they slap a huge charge on you for it that is way above what it actually costs them to deal with it. In England the banks are being taken to court all over the place by people who have been charged too much for certain things and winning their cases. Maybe we should be doing the same in this country.

No, I disagree, they charge you €12.50 if you miss a direct debit or a cheque, it is not over the top. If you are a Bank of Ireland customer, they could even pay the direct debit by a temporary overdraft, or if they didnt want to pay it (because the customer may not deserve a favour from BOI), then they send the direct debit back to were it came from (refer to drawer). And to do that, you need to pay people to do it, pay for offices/bills, and also pay the big fat wages to the guys in the BOI headoffice!

but my little point is, the people that work in banks need to be paid. A bank is a business.

Copper23 · 30-09-2010 07:13PM

fend wrote: »

Needless to say i stormed out of there, €500 still in hand.

Awesome.... you're one of those...

nlgbbbblth · 30-09-2010 07:53PM

there's a fee for exchanging notes - it's in their schedule of fees and charges.

coffeenut · 30-09-2010 07:58PM

jaysus, i remember when notes that big were only used for businesses and internal banking... that's inflation for ya

Wertz · 30-09-2010 08:03PM

fend wrote: »

Times are still tough... That €3 is better off in my pocket, than the banks.

...except that it's not in your pocket. Or your mother's or whoever.
Right now you have a note that you can't spend.
I know which I'd rather have...

galwayrush · 30-09-2010 08:06PM

I cancelled all my direct debits and rarely use my bank account anymore, cash is king.

ebbsy · 30-09-2010 08:25PM

inmyday wrote: »

No, I disagree, they charge you €12.50 if you miss a direct debit or a cheque, it is not over the top. If you are a Bank of Ireland customer, they could even pay the direct debit by a temporary overdraft, or if they didnt want to pay it (because the customer may not deserve a favour from BOI), then they send the direct debit back to were it came from (refer to drawer). And to do that, you need to pay people to do it, pay for offices/bills, and also pay the big fat wages to the guys in the BOI headoffice!

but my little point is, the people that work in banks need to be paid. A bank is a business.

True, but no a very well run business at that.

Too late for them now.

AAAAAAAHHH · 30-09-2010 09:24PM

galwayrush wrote: »

I cancelled all my direct debits and rarely use my bank account anymore, cash is king.

Do you get paid in cash?

Rented Mule · 30-09-2010 09:49PM

fend wrote: »

Needless to say i stormed out of there, €500 still in hand.

You should have taken the €500 and rented a cement truck.......

galwayrush · 30-09-2010 09:51PM

AAAAAAAHHH wrote: »

Do you get paid in cash?

Yes, i insist on it.

VinnyTGM · 30-09-2010 10:05PM

You can spend the 500 euro wherever you want, shops have to accept legal tender as payment.

rainbowdrop · 30-09-2010 10:05PM

Christ almighty OP - I got paid today (dole) paid my bills, did some food shopping and now I have €20 to last me til next Thursday and here you are moaning about the fact that you don't want to pay €3 to change a €500 note in a bank that your not even a customer of!!

Just be grateful you have that kind of money, cos a lot of people don't have anything right now and would love to have €500 to their name............

ultain · 30-09-2010 10:12PM

super_furry wrote: »

Nope, a bank is a business.

Our business..that we have to f..king bale out!!! we need more cement trucks!

Wertz · 30-09-2010 10:16PM

VinnyTGM wrote: »

You can spend the 500 euro wherever you want, shops have to accept legal tender as payment.

Best of luck with that. Many shops won't even break the €200 note for fear of getting a dud or having no change/float left...

egan007 · 30-09-2010 10:17PM

Wheres my nama

jk86 · 30-09-2010 10:20PM

rainbowdrop wrote: »

Christ almighty OP - I got paid today (dole) paid my bills, did some food shopping and now I have €20 to last me til next Thursday and here you are moaning about the fact that you don't want to pay €3 to change a €500 note in a bank that your not even a customer of!!

Just be grateful you have that kind of money, cos a lot of people don't have anything right now and would love to have €500 to their name............

God, I really hate this attitude. Nobody can complain about anything money related because some people don't have jobs... (and always seem to be super keen to give their own sob story)

Ever since this whole economic downturn thing started, you can't complain about work anymore either without hearing. "Sure, aren't you lucky to have a job..." **** me

In other news, my gold toilet is broken again

fend · 30-09-2010 10:57PM

rainbowdrop wrote: »

Christ almighty OP - I got paid today (dole) paid my bills, did some food shopping and now I have €20 to last me til next Thursday and here you are moaning about the fact that you don't want to pay €3 to change a €500 note in a bank that your not even a customer of!!

Just be grateful you have that kind of money, cos a lot of people don't have anything right now and would love to have €500 to their name............

If I may defend myself here, firstly, it's my mothers €500 note. not mine. i was merely trying to change it for her. secondly, my mother works bloody hard for her money. and it was indeed savings that some how landed in the form of a €500 note, which she has had safe for well over a year now

I am totally aware that there are people out there who are struggling and blah blah blah i could rant on about my own situation aswell. When a person gets a €500 note in their hands, its a novelty. one that RARELY comes around. She had been keeping it for an occasion for when she really wanted/needed to spend it. By having €500 in €20 notes or whatever, she would have felt the urge to spend it or tap into it. But she didnt. She kept it in a €500 form.

The money was worked for. And worked bloody hard for. It did not just land on her door step. I dont/can't understand, why her hard work should at the end, come in the form of €497.

Shops in the area wont change it, and other establishments wont change it -- primarily because it is such a large note and as other posters have said, most places carry a float.

The area we are from is not exactly city centre material. It is the middle of nowhere, where getting to the city is a BIG DEAL and maybe a once a week job, if not ONCE a month.

EDIT: And I am almost certain that if the negative posters out were in the same situation, they would be reluctant to hand over €3, just to break down some money.

jdooley28 · 30-09-2010 11:01PM

Last time I took in a €500 note i think everyone behind the bar had a look at it. That was busiest time of year doubt too many palces would have a float to take in 500

twowheelsonly · 30-09-2010 11:45PM

rainbowdrop wrote: »

Christ almighty OP - I got paid today (dole) paid my bills, did some food shopping and now I have €20 to last me til next Thursday and here you are moaning about the fact that you don't want to pay €3 to change a €500 note in a bank that your not even a customer of!!

Just be grateful you have that kind of money, cos a lot of people don't have anything right now and would love to have €500 to their name............

So if your Mrs wants a tenner of that 20 and they charge you €3 in the bank to change it you'll be happy enough to pay it????

Not having a dig at you personally BTW but at the whole situation. Is it €3 to carry out any sort of these transactions regardless of the value or just for lager denominations? I know that banks are a business but I don't believe that they should be charging for basic cash transactions like this.

moonpurple · 30-09-2010 11:47PM

is your mother ivor callelly?

Sofa King Great · 01-10-2010 12:21AM

ultain wrote: »

Our business..that we have to f..king bale out!!! we need more cement trucks!

Just because tax money pays for it doesnt make it yours. Just like you don't own the gardai, the hospitals or anything else our tax goes on.

Just because we bail the bank out doesnt mean they should do things for free. If that were the case they'd never be able to operate and we'd have to keep funding them forever.

Also, the fella who drove the cement truck owes nearly 3 million to "our" bank. Its ****ers like him who have caused the bail outs!

ultain · 01-10-2010 12:36AM

Sofa King Great wrote: »

Just because tax money pays for it doesnt make it yours. Just like you don't own the gardai, the hospitals or anything else our tax goes on.

Just because we bail the bank out doesnt mean they should do things for free. If that were the case they'd never be able to operate and we'd have to keep funding them forever.

Also, the fella who drove the cement truck owes nearly 3 million to "our" bank. Its ****ers like him who have caused the bail outs!

Leave cement man alone.
mine, yours, ours..we support these body's to support us, the banks are supposed to have heads that can foretell investments pros and cons..they had it that a monkey could get a loan when the going was good instead of seeing the risks that now have us (if i can use that word) all in the ****.

Guy:Incognito · 01-10-2010 12:46AM

bonerm wrote: »

I think I'd have been threatening them to shut my account down there and there if they tried to pull that stunt on me.

The account he doesnt have because he's not a customer of theirs?

Guy:Incognito · 01-10-2010 12:55AM

Sofa King Great wrote: »

Also, the fella who drove the cement truck owes nearly 3 million to "our" bank. Its ****ers like him who have caused the bail outs!

Yeah I had to laugh today when listening to the radio about all the support for this guy outside the court and apparently Joe duffy was swamped too. He's a ****ing developer like everyone was giving out about.

I assume there will be a convoy of trucks driven by FF TD's tomorrow smashing **** up. Instant re-election baby, all is forgiven. People are idiots.

Sofa King Great · 01-10-2010 12:55AM

ultain wrote: »

Leave cement man alone.
mine, yours, ours..we support these body's to support us, the banks are supposed to have heads that can foretell investments pros and cons..they had it that a monkey could get a loan when the going was good instead of seeing the risks that now have us (if i can use that word) all in the ****.

What about his persoal responsibility. This argument is probably for anotgher thread

questionmark? · 01-10-2010 01:03AM

VinnyTGM wrote: »

You can spend the 500 euro wherever you want, shops have to accept legal tender as payment.

Yes they have to accept it but i believe if you look up the law they dont have to provide you with change! That could be an expensive bottle of fanta!

OP ffs why dont you just lodge the money at your bank and then withdraw it at an ATM.

What charge do you think is fair? or do you want them to provide this service for free?

LizT · 01-10-2010 01:24AM

fend wrote: »

EDIT: And I am almost certain that if the negative posters out were in the same situation, they would be reluctant to hand over €3, just to break down some money.

I get where you're coming from, but in fairness - it's 3 euro!:rolleyes:

Echospace · 01-10-2010 01:57AM

fend wrote: »

If I may defend myself here, firstly, it's my mothers €500 note. not mine. i was merely trying to change it for her. secondly, my mother works bloody hard for her money. and it was indeed savings that some how landed in the form of a €500 note, which she has had safe for well over a year now

I am totally aware that there are people out there who are struggling and blah blah blah i could rant on about my own situation aswell. When a person gets a €500 note in their hands, its a novelty. one that RARELY comes around. She had been keeping it for an occasion for when she really wanted/needed to spend it. By having €500 in €20 notes or whatever, she would have felt the urge to spend it or tap into it. But she didnt. She kept it in a €500 form.

The money was worked for. And worked bloody hard for. It did not just land on her door step. I dont/can't understand, why her hard work should at the end, come in the form of €497.

Shops in the area wont change it, and other establishments wont change it -- primarily because it is such a large note and as other posters have said, most places carry a float.

The area we are from is not exactly city centre material. It is the middle of nowhere, where getting to the city is a BIG DEAL and maybe a once a week job, if not ONCE a month.

EDIT: And I am almost certain that if the negative posters out were in the same situation, they would be reluctant to hand over €3, just to break down some money.

I know this is a long shot, but if you are in Dublin at all over the next few weeks I will gladly change it for you at face value (being serious). The last time I had one it was a great party piece, a "novelty" as someone else put it.

YouTalkinToMe · 01-10-2010 06:26AM

You should of used it then and there to achieve the Comfort wipe.

Eeeeh?? Excuse me? (Bank charge 3 euro to change a 500 note)

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