€100 Note

KTRIC · 11-02-2013 01:59PM

smash wrote: »

The €500 was decommissioned here because the only people to use them were criminals.

Decommissioned you say, I bet they're telling everyone that :rolleyes:

Caliden · 11-02-2013 01:59PM

Deleted User wrote: »

It somewhat depends on when you went in. If you went in in the morning, when chances are that a cashier hasn't had much change bar their standard float, then giving change out of a €100 is pretty damned difficult, especially when you didn't spend much. If it really is much of a problem for you, then just go into a bank and ask them to give you notes of a lower denomination - I mean, it obviously bothered you enough to create a thread about it, but not to do something to solve it.

The bank charges you to break higher denomination notes...

seamus · 11-02-2013 01:59PM

smash wrote: »

I don't know. I don't get it. I've got €100 and €200 notes from ATM's abroad but in Ireland you withdraw €500 and you're usually handed a pile of €20s... it's strange.

It's cultural I think. In Germany, for example, they're notoriously wary of credit cards, so someone would think nothing of paying for a €1000 item in cash. Here in Ireland we feel exposed or weird handing over that much in cash and prefer to use credit, cheques or drafts.

So the banks are providing the denominations that people want.

11-02-2013 02:02PM

Caliden wrote: »

The bank charges you to break higher denomination notes...

Do they? I can't even remember the last time I held anything higher than a €50, so I've no idea!?

11-02-2013 02:02PM

Large notes I've had have gone straight to the bank

Gillo · 11-02-2013 02:07PM

The other reason they won't accept larger notes is if they are forged the store will be down a lot of money, obviously stores can check them but since the are rarely tendered staff won't be as familiar with them and it may be easier to pass a fake one off.
From the cashiers point of view, very few will give this reason to a customer as even though they'd explain that it's not an accusation against that particular customer, you'll get people out there who will take offence.

It's also ball ache when someone buys something low value with a high value note especially if it's earlier in the day and it clears a float out.

repsol · 11-02-2013 02:11PM

I filled a car in a petrol station in the states a few years back and the cashier refused a 100 dollar bill.I did not have enough in smaller bills to pay what was owed but she was insistent that 100 dollar bills were not accepted.I had no cards on me as I was wearing shorts and just had a driving licence and cash.A sheriffs deputy who was in the queue intervened. He checked my ID and looked at the note. He informed the cashier that as far as he was concerned I was a making a lawful attempt to pay my bill and if she continued to refuse payment I was entitled to leave the store.She accepted the note but wasn't too happy!

scamalert · 11-02-2013 02:17PM

Gillo wrote: »

The other reason they won't accept larger notes is if they are forged the store will be down a lot of money, obviously stores can check them but since the are rarely tendered staff won't be as familiar with them and it may be easier to pass a fake one off.
From the cashiers point of view, very few will give this reason to a customer as even though they'd explain that it's not an accusation against that particular customer, you'll get people out there who will take offence.

It's also ball ache when someone buys something low value with a high value note especially if it's earlier in the day and it clears a float out.

the higher value note,the more securities it has,but in Ireland most used note is 50e which is relatively safe,and most forgeries appear on lesser nominal notes like 20 and 10.large notes are used mostly if traveling or buying cars abroad and its normal in countries like Germany.
as for 100e note i had it only couple times myself and yes for security reasons most places will hardly accept it,but dont see any troubles since any bank will happily put notes of 100 to 500 into your account.

Jester252 · 11-02-2013 02:21PM

Got detained trying to use a €500 note once

Rented Mule · 11-02-2013 03:39PM

seamus wrote: »

Many shops have a policy of not taking anything over €50 basically because people generally don't know what a €100 note looks like, so someone could be handing over any old yoke they printed off at home.

Are many shops hiring the handicapped these days or is this a reflection of the educational system ?

seamus · 11-02-2013 03:51PM

Rented Mule wrote: »

Are many shops hiring the handicapped these days or is this a reflection of the educational system ?

It's a matter of experience. Most people never see a €100 note. They see fifties and twenties all the time, but not 100s. Seems a bit reactionary to say that someone must be an idiot because they don't know how to recognise something they've never seen before.

Kicker of course is that 20s are much more likely to be forged precisely because they're so common, so I imagine any cashier is more likely to miss a fake 20 than they are to miss a fake 100. They'll scrutinise the latter much more than the former.

Where To · 11-02-2013 04:00PM

I'll accept all denominations of all currencies, no bother to me.

By the way, does anyone want 1000 Gibraltar puns, PM me for details.

guineylab · 11-02-2013 04:03PM

i asked for a 500 note in the bank and they said they didnt carry anything over 50 !

frozenfrozen · 11-02-2013 04:04PM

Just to leave this here, if you have a mint condition irish 500 euro note it's worth more like a grand. Mint condition not being ripped to check if its real or any of those pen checker things on them... handy thing to know if you're ever lucky enough to come across one!

Gillo · 11-02-2013 04:13PM

scamalert wrote: »

the higher value note,the more securities it has,but in Ireland most used note is 50e which is relatively safe,and most forgeries appear on lesser nominal notes like 20 and 10.large notes are used mostly if traveling or buying cars abroad and its normal in countries like Germany.
as for 100e note i had it only couple times myself and yes for security reasons most places will hardly accept it,

The point is if it's a fake &20, the store would be down €20, if its a fake €100 the store is down €100, it's a much bigger hit.

I agree though smaller notes are easier to fake and pass off, as you can pay for something with a wad of small notes and have one or two fake ones buined in with the genuine ones.

Gillo · 11-02-2013 04:13PM

scamalert wrote: »

the higher value note,the more securities it has,but in Ireland most used note is 50e which is relatively safe,and most forgeries appear on lesser nominal notes like 20 and 10.large notes are used mostly if traveling or buying cars abroad and its normal in countries like Germany.
as for 100e note i had it only couple times myself and yes for security reasons most places will hardly accept it,

The point is if it's a fake &20, the store would be down €20, if its a fake €100 the store is down €100, it's a much bigger hit.

I agree though smaller notes are easier to fake and pass off, as you can pay for something with a wad of small notes and have one or two fake ones buined in with the genuine ones.

RobbingBandit · 11-02-2013 04:19PM

Gillo wrote: »

The point is if it's a fake &20, the store would be down €20, if its a fake €100 the store is down €100, it's a much bigger hit.

I agree though smaller notes are easier to fake and pass off, as you can pay for something with a wad of small notes and have one or two fake ones buined in with the genuine ones.

wrong, example: if the store accept a fake €100 for €10 worth of stock they are down €200, the value of the fake €100 plus the €90 they have issued in change plus the €10 worth of shopping.

olcod · 11-02-2013 04:25PM

Got paid one week with a 500 note and two 100's, the two 100's were no bother to change but the 500 was a nightmare, no one would except it, ended up changing it at my local......BIG mistake !!!

tricky D · 11-02-2013 04:33PM

Most bookies and casinos will take them last time I checked.

miss no stars · 11-02-2013 04:48PM

RobbingBandit wrote: »

wrong, example: if the store accept a fake €100 for €10 worth of stock they are down €200, the value of the fake €100 plus the €90 they have issued in change plus the €10 worth of shopping.

No, you have it wrong. If someone comes in and buys €10 worth of goods with a real €100 they get €90 of genuine change, plus their goods. Their "balance" originally was €100 and it still is, except it's made up of goods and cash. The shop's original balance was €90 of cash and €10 of goods, they now have €100 in cash and €0 in goods.

If a fake €100 is used:

Unwitting customer/deliberate thief initially has €0 worth of real money. They carry out the transaction using a FAKE €100 (worth nothing) and come away with their change and goods. They now have a balance of €100 (€90 cash and €10 goods). The shop originally had €90 cash and €10 goods but now is down €90 cash and €10 goods.

You're double counting.

pockets3d · 11-02-2013 04:53PM

How is it a problem to change it more than a fifty ?
If the shop has been open any time at all therell be at least one fifty there.

Spend 10 pay 100 = a fifty that they won't need and 2 X 20 which they would of had to give you anyway if you paid with a fifty

Cienciano · 11-02-2013 05:14PM

john_cappa wrote: »

Changing a 100 euro note doesn't clean out the till any more than breaking a 50 euro note! It's the same amount of small notes and coins needed in change plus a whole 50!

Never had a problem. Do people not know who to check them ffs

Exactly the point I was going to make! If a 100 would "clear out your float", and your float included a €50, in that case a €50 would clear out your float. Not a very clever float considering half the time you go to an ATM all they'll give you is a 50.
Unless you're paying someone who works on a stall, taking a €100 should be acceptable.

i_steal_sheep · 11-02-2013 05:17PM

Got them in Austria last week at the Cash Machine. Fair enough, my bit of shopping was only about €37 when he scoffed at me in Londis. Similar amounts before that. I stuck them into my account at lunch anyway.

FloatingVoter · 11-02-2013 05:27PM

i_steal_sheep wrote: »

Got them in Austria last week at the Cash Machine. Fair enough, my bit of shopping was only about €37 when he scoffed at me in Londis. Similar amounts before that. I stuck them into my account at lunch anyway.

Depending on the shop/time of day that isn't a float breaker. 50 and 10 in change + €3. Odds are, he wouldn't be handing out that 50 note to anybody else during the day. Unless it was a tiny shop or you were among the first customers in a larger one, he should have a fifty under the till.

MadsL · 11-02-2013 05:30PM

Simply hop into a taxi - a short trip of say €4.20 should be handy enough to break a €100. Let us know how you get on.

Cienciano · 11-02-2013 05:33PM

MadsL wrote: »

Simply hop into a taxi - a short trip of say €4.20 should be handy enough to break a €100. Let us know how you get on.

I'd say the airport to swords would be a good route to try it on.

Gillo · 11-02-2013 05:34PM

RobbingBandit wrote: »

wrong, example: if the store accept a fake €100 for €10 worth of stock they are down €200, the value of the fake €100 plus the €90 they have issued in change plus the €10 worth of shopping.

Maybe I'm missing something but that doesn't add up??
Say for a cashier "forgot" to take a genuine €100 note so no cash coming in into the till, it's be a similiar situation to taking a fake €100 note, ie, nothing of value coming I to the till. The store would be down the €10 value of the purchase & the €90 change given. I'm only getting a loss of €100??

Gillo · 11-02-2013 05:42PM

MadsL wrote: »

Simply hop into a taxi - a short trip of say €4.20 should be handy enough to break a €100. Let us know how you get on.

Had that very problem one night, went to a taxi rank outside Connolly, as I couldn't find Buckley St, I apologised when I got in and explain I knew it was near but didn't know where it was. Your man pulled out and turned a corner thirty seconds later announcing "here you are". He didn't have change of €50 so grudgingly threw me out without getting any money. His own fault the decent think would have been to just say, it's around the next corner mate.

Where To · 11-02-2013 05:53PM

MadsL wrote: »

Simply hop into a taxi - a short trip of say €4.20 should be handy enough to break a €100. Let us know how you get on.

I know you're only joking but I'm only half joking when I say I don't think they should be available for hire if they are not able change it. Not joking at all if it's a €50

Amalgam · 11-02-2013 06:05PM

Ask beforehand..

Used a €200 ('Bertie cash' ~ Canary yellow..) in a Dublin store. A Manager and two underlings hummed and hawwed at it for a few seconds. I did warn them before. Accepted without any issues otherwise.

I had opened my wallet in a packed newsagents, with a €500 note and a 'tracksuit tucked into socks' beside me spotted the flash of purple and his eyes bulged out of his head. Time to leave.. straight to the bank.

€100 Note

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