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Are We To Lose the #€100 Banknote

Forums Living In Crete Your Money, Forex, Banking Are We To Lose the #€100 Banknote

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        • Practcally Cretan
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        Great Story. Moves are afoot to remove the €100, €200 and €500 banknotes from circulation.

        I do not know about you, but rarely do I see a €100 banknote let alone the 200 Euro or 500 euro notes. But it seems they are the basis for many everyday criminal transactions across Europe. In similar circumstance in Britain it is the £50 note and in the United States the $100 bill.

        The powers that be, including ECB boss, Mario Draghi are now looking to eliminate the largest Euro currency notes as a deterrent to the underworld’s illicit dealings.

        An intriguing and informative news story is found at:

        https://uk.finance.yahoo.com/news/eliminating-100-500-euro-banknotes-021346560.html

        A reminder of what the green €100 note looks like below

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