TheEuropean Central Bank on Wednesday said it would stop printing the 500-euro banknote but the note would retain its legal tender status. European Central Bank will cease issuing €500 bill Andexisting notes will still be valid and presumably more notes can be issued prior to 2018. Money laundering enforcement is like a game of whack-a-mole. You can restrict the 500 note, but the 100 and 200 denominations will remain. And then there are alternatives such as the 1000 swiss franc note. Report 04 Jan 2020 at 02:34 PM. Eden. The production of 500 Euro banknotes was stopped, but the existing ones continue to be legal tender, so you can still use them as a mean of payment. The 500 Euro banknotes are being withdrawn from circulation. 0. No The concern is absolutely real, but with euros today, they are so far so good. I would not bet on the future, especially on the bigger coinage. Europe's coinage has a long history of frequently getting counterfeited just as you have described. Those euro bills and coins are barely not more than about 7 years old now. 500 euro banknotes from the First Series are still valid but they are being withdrawn from circulation. Most bureaux de change in the UK don’t accept €500 euro Banknotesno longer in circulation. If you have any old Jersey money from either series A (1963) or series B (1976), you can exchange these for face value at your local bank or the cashiers at Customer and Local Services, La Motte Street. New notes information and images leaflet. New notes: security features guide. Billwealth: €500 notes can be hard to spend. (AFP) In daily life in Britain, few of us encounter our largest banknote: the £50. But compared with the highest-value bill in the eurozone, it Are100 euro notes still valid? There are seven different denominations of euro banknotes: €5, €10, €20, €50, €100, €200 and €500. All the notes are legal tender throughout the euro area. Do euro notes go out of date? The €500 banknote, like the other denominations of euro banknotes, will always retain its value and can be Mon6 Dec 2021 13.53 EST Euro banknotes are facing a redesign for the first time since their launch two decades ago, with a plan to make the currency “more relatable to TheEuropean Central Bank issued Euro banknotes in 7 different denominations, including this 20 Euros banknote (First series). They are part of the Euro banknotes series. The European Central Bank started issuing these 20 Euro banknotes in 2002. They are currently still in circulation. This blue colored 20 euro banknote measures 133mm by 1sOTqCy.