3 ms·

In the UK they heavily discourage even the £50 note (roughly €60/$63). We basically only use 5/10/20. Most shops won't take them and cash machines don't give t

In the UK they heavily discourage even the £50 note (roughly €60/$63). We basically only use 5/10/20. Most shops won't take them and cash machines don't give them out. Which is pretty odd now given how high inflation got here for the last few years. Here's an article from 5 years ago saying that £50 notes were widely regarded as just used by criminals. https://www.bbc.co.uk/news/business-48993008 https://www.bbc.co.uk/news/business-48993008

anonymousDan 2y ago
Yes I found this strange coming from Ireland where (during the Celtic Tiger at least!) the minimum I ever seemed to get from cash machines was 50 euros.
nitwit005 2y ago
The same attitude is present in the US. You can occasionally find signs in stores in the US indicating they won't accept bills larger than $20: https://www.amazon.com/SmartSign-V-shaped-Businesses-Restaurants-Double-Side/dp/B0CCVTG6C4?th=1 https://www.amazon.com/SmartSign-V-shaped-Businesses-Restaur...
- mjevans 2y ago
  The real root of the attitude should be "We don't accept transactions that would produce more than 20 USD in change." However the average person is an idiot so it's easier for them to just say they don't take 50s/100s. I guess arguably there's a greater incentive to try to use lesser bills to make larger ones, but that's what the watermarks and security strips are supposed to prevent.
- potato3732842 2y ago
  It's always a lie though. You can't realistically start a register out with less than $100 of change for a few hour shift. Maybe $50 for really short shift or if there's a manager with safe access who can reload it.
  - nitwit005 2y ago
    The signs aren't about the amount of change in the register. It's that they'll refuse to take large bills.
- cafard 2y ago
  Citibank ATMs will happily give you $100 bills if you don't specify otherwise. I prefer $20s, as less inconvenient for the store clerks.

anonymousDan 2y ago

Yes I found this strange coming from Ireland where (during the Celtic Tiger at least!) the minimum I ever seemed to get from cash machines was 50 euros.

nitwit005 2y ago

The same attitude is present in the US. You can occasionally find signs in stores in the US indicating they won't accept bills larger than $20: https://www.amazon.com/SmartSign-V-shaped-Businesses-Restaurants-Double-Side/dp/B0CCVTG6C4?th=1 https://www.amazon.com/SmartSign-V-shaped-Businesses-Restaur...

mjevans 2y ago
The real root of the attitude should be "We don't accept transactions that would produce more than 20 USD in change." However the average person is an idiot so it's easier for them to just say they don't take 50s/100s. I guess arguably there's a greater incentive to try to use lesser bills to make larger ones, but that's what the watermarks and security strips are supposed to prevent.
potato3732842 2y ago
It's always a lie though. You can't realistically start a register out with less than $100 of change for a few hour shift. Maybe $50 for really short shift or if there's a manager with safe access who can reload it.
- nitwit005 2y ago
  The signs aren't about the amount of change in the register. It's that they'll refuse to take large bills.
cafard 2y ago
Citibank ATMs will happily give you $100 bills if you don't specify otherwise. I prefer $20s, as less inconvenient for the store clerks.