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    • When was the last time somebody paid you with a 500€ note? Or indeed when was the last time you even saw one??! Despite them not being a commonWhen was the last time somebody paid you with a 500€ note? Or indeed when was the last time you even saw one??! Despite them not being a common sight, there are still 5,300 million euros in notes of 500€ in circulation in Spain, despite them not being issued from Spanish banks since 2019. They are still perfectly legal tender, but are pretty unpopular, with the fear of losing such a high value note, and business reluctance to accept them being possible causes.

      It is perfectly possible to take one into a bank to exchange for smaller denomination notes, but formal identification of the person bringing it in is legally required.
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