Cash & Bills: Everything you need to know about valid, invalid, or damaged currency
in Banking, Insurance & Loans ·
slyhound9 said:Hi there, I caught a news segment mentioning that €500 bills are being phased out by 2018... I was wondering if it's possible to break them down at a Visa location? I stopped by two different currency exchanges, but since they both had signs stating they don't provide change, I thought I’d just try swapping a hundred for a five-hundred... though both places told me they didn't have enough cash on hand to give me anything back, which seems a bit ridiculous considering I wasn't even asking for ten or twenty bucks... anyway, it feels like people are already starting to dodge them, and honestly, it's making me a little uneasy... thanks 🤔🙂
"The $500 bill will remain legal tender and can therefore still be used for payments and storing value."
https://www.federalreserve.gov/press/pr/d...160504.en.html