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In the US, we have $100 and $50 bills officially in circulation, but many places will refuse to take them as payment, even though they will take smaller denomin
by yaky 3y ago
In the US, we have $100 and $50 bills officially in circulation, but many places will refuse to take them as payment, even though they will take smaller denominations. I believe this is usually described as avoiding counterfeit money and/or not keeping more than a certain amount of cash in the register.
- dazc 3y agoIn the UK we have £50 notes which are notoriously difficult to use as cash since there are many counterfeits in circulation and it's hard to differentiate between genuine and fake. We also have notes issued by Scottish banks which are legal tender throughout the UK but good luck finding a retailer outside of Scotland willing to accept them.
- PrimeMcFly 3y ago> We also have notes issued by Scottish banks which are legal tender throughout the UK but good luck finding a retailer outside of Scotland willing to accept them. Yeah that shit should be illegal.