After happily paying for expenses in Europe using 500 Euro notes, I returned to the UK only to find the it is almost impossible to exchange them for Sterling because of “money laundering regulations” . Some Banks will accept them but they require a copy of the passport, a form to be filled in and a £30 charge per note! No wonder the Fuc£ing country is going down the drain.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
500 Euro Notes
Collapse
X
-
500 Euro Notes
"A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell -
500 Euro notes are not for spending, they are for putting in the mattress as they don't make it too lumpy.
Fiscal nomad it's legal. -
The 500 euro note is bonkers. Money Laundering would probably be the least of your worries, a fake note is probably more likely!Originally posted by Paddy View PostAfter happily paying for expenses in Europe using 500 Euro notes, I returned to the UK only to find the it is almost impossible to exchange them for Sterling because of “money laundering regulations” . Some Banks will accept them but they require a copy of the passport, a form to be filled in and a £30 charge per note! No wonder the Fuc£ing country is going down the drain.
There were loads of fake ones going round at home last year, lots of fellas refusing to have them in their wages etc.Bazza gets caught
Socrates - "The only true wisdom is in knowing you know nothing."
CUK University Challenge Champions 2010Comment
-
They'll use any excuse won't they?
I learnt long ago not to change cash in the UK.
Mainly because I could get better rates elsewhere.Behold the warranty -- the bold print giveth and the fine print taketh away.Comment
-
-
-
That's terrible!Originally posted by Churchill View PostChange them? I use them to light my cigars!
Are you smoking again
Fiscal nomad it's legal.Comment
-
Comment
-
I agree.Originally posted by cailin maith View PostThe 500 euro note is bonkers. Money Laundering would probably be the least of your worries, a fake note is probably more likely!
I go into a sweat when an ATM gives me anything above a 50€.
Properly because the UK is flooded with loads of fake notes and coinage, and I don't want problems with fake money in a country where I don't speak the language at all or properly.
I always try and pay with my debit (Metrobank) or credit (Nationwide) in Euroland.
The best way to get rid of Euro notes is to exchange them with someone who is going to Euroland."You’re just a bad memory who doesn’t know when to go away" JRComment
-
That's always been the best way. Look up the mid rate, use that, and you are both better off.Originally posted by SueEllen View PostThe best way to get rid of Euro notes is to exchange them with someone who is going to Euroland.
PS I used to do this all the time when I had colleagues that were paid in Sterling (which I needed) and I was paid in local currency (which they needed).Behold the warranty -- the bold print giveth and the fine print taketh away.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- How could zero hours contract reform create unexpected problems for contractors? Jul 8 06:40
- Three Loan Charge conflicts of interest show Labour ministers knew the McCann Review was compromised from the start Jul 7 05:44
- What’s happening with HMRC off-payroll working enforcement? (IR35 update) Jul 6 08:20
- HMRC abandons PGMOL football referees case: Are contractors and IR35 hit? Jul 2 05:09
- Crypto tax and contractors: What HMRC’s new cryptoasset research really means Jul 1 04:03
- Crypto Tax and Contractors: What HMRC's New Cryptoasset Research Really Means Jul 1 04:03
- Profit and loss accounts set for public filing at Companies House from 2028 — what it means for your contractor business Jun 30 03:38
- UK IT Contractors: How to land Forward Deployed Engineer roles beyond Palantir, Anthropic and OpenAI Jun 29 05:52
- The 3 highest-paying software contractor jobs right now, and what they actually pay Jun 25 03:52
- The beginning of the end for Boox ‘MSC’ contractors has begun. Check back in 2031 Jun 24 06:25

Comment