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I live in Italy. Nobody ever used €500 bills for anything else than crossing the Swiss border with as much cash (cash unknown to tax authorities, of course) as
by corecoder 10y ago
I live in Italy. Nobody ever used €500 bills for anything else than crossing the Swiss border with as much cash (cash unknown to tax authorities, of course) as possible. I have never ever seen a €500 bill, and if someone has to give you, say, €1000, it will be 10 * €100 or more likely 20 * €50.
- tim333 10y agoI used some in Spain for tax avoidance stuff. They don't seem to be used much for everyday spending.
- frik 10y agoIt fine and common to buy a new car from a certificated car dealer or build officially a house with cash money - it's a major legal payment option after-all. Your experience is different, as you live in Italy which was hit especially hard by the 2008 crisis has high dept, is fighting against corruption, etc. You would need a truck for your €50 notes which makes it unreasonable.
- corecoder 10y agoThe limit is currently €3000 for cash payments in Italy, so it's unlikely that you can use cash to pay for a car.