Re:European Central Bank to withdraw €500 note
by notahacker on Wednesday May 04, 2016 @03:17PM
(#11630922)
In the UK de facto we only go up to £20 (about $29)
The £50 note exists, but is seldom accepted because it's so rarely seen that the average person wouldn't be able to tell the difference between the genuine article and a parody £50 note, never mind a competently produced counterfeit. Pretty clear that British idiosyncrasy is driven by individuals not wanting to deal with large denomination bills rather than state malfeasance though.
The £50 note exists, but is seldom accepted because it's so rarely seen that the average person wouldn't be able to tell the difference between the genuine article and a parody £50 note, never mind a competently produced counterfeit. Pretty clear that British idiosyncrasy is driven by individuals not wanting to deal with large denomination bills rather than state malfeasance though.