meester69

highest value.

Highest denomination is currently a 5000 dong coin in Vietnam.

kevinsac

I have never had a problem using the Euro 200 notes in western European, and only some hesitation a couple of times with the Euro 500 notes.

Seeing the C$1000 notes brought back a thought. Because my father used to travel a lot, mother kept a variety of foreigh money in a safe at home. When he retired, they did not need the currency as much. Back in 1996, when I went to Banff for my birthday, Mother mailed 4 of the C$1000 notes to me ..... my birthday present (nice!) and a way to get rid of the money they obviously did not need. The bills were from the 1960s and had changed format several times since then.

Luckily, I went to the bank in Banff on our first day in town, because they had to send the bills to a major affiliate (maybe similar to US federal reserve bank???) in Calgary, to verify the bills' authenticity and the cash them in ..... before I could get current and smaller bills.

I also carry in my passport case a Zimb bank note (I think in a demonination of 50) just for fun. It's worth about US$0.000000000001 these days!

SirJman

Korea does this as well, and I believe Korea has some of the highest card penetration in the world. Its actually illegal for a merchant to not accept cards (that doesnt stop some markets from not accepting them though)

polonius

All these posts about what people refuse to accept -- people should not tolerate this. A €500 note is "legal tender" within the Euro zone, which means that merchants MUST accept it. You cannot legally pick and choose what notes you are going to accept.

stimpy

Sure you can. Lots of countries allow this. For example in the US and Europe, merchants are not required to accept large bills. And many do not, unless they have a small machine which can verify if the bill is legit or they are willing to take the risk.

gfunkdave

A friend who banks with Citibank tells me that Citi ATM's will give $20 bills for withdrawal amounts less than $300, and a mix of $20s and $50s for anything over $300. Elsewhere in this thread, people mention getting $100 bills from Citi ATM's, so perhaps his info is out of date.

Other than that, I've only seen $20 bills from US ATM's, except in Vegas.

B747-437B

Prior to the re-denomination of the Ghanaian currency in 2007, the largest banknote in circulation was the 20000 Cedi (worth about $2). Prior to 2005 though, the highest note was the 2000 Cedi (then worth about $0.25), which meant that the largest ATM withdrawal possible was $10 equivalent. With network fees, you actually sometimes wound up paying more in fees than the value of your withdrawal. And the lines on weekends would be horrendous as people often made up to 100 consecutive withdrawals (my personal record was 67 - but thankfully my local bank in Ghana doesn't charge for on-network transactions!). Nowadays the 10 Ghana Cedi (worth 100000 old Cedis) is the standard issue ATM banknote, meaning largest withdrawal is 400 Ghana Cedis (worth around $275). The largest in circulation is the 50 Ghana Cedi note however and the banks are liberal with those for counter transactions.

emma69

There is a difference between 'legal tender' (the status of the note) and what a shopkeeper etc. may or may not do, they are completely seperate things. The 'invitation to treat' rule applies, certainly within the UK - the shopkeeper has every right to refuse a sale for whatever reason, including large denomination notes or the other common misconception, if an item is marked at the wrong price (they don't have to sell it for the (wrongly) advertised price either).

croberts134

Interestingly enough, I do the same....except I carry around a 20 trillion ($20,000,000,000,000) Zimbabwe dollar bank note. Talk about valueless.

mjcewl1284

Recent one I had to use was the Hungarian Forint. 10,000 and 20,000 (not so much as 10,000) notes are often exchanged daily.