ATM’s in Britain do not withdraw that denomination (they max out at £20), unless for some reason an individual wants a £50 note: they would have to visit a bank requesting for that (banks stockpile bills of all denominations). However, there is a stigma with a £50 note (money laundering, drugs, etc.) as often depicted in news stories about criminals caught with “dirty money” often have £50.
Even if you were to spend it at a store: they are like “sorry, I have to get my manager” to verify it’s authenticity, due to concerns of counterfeit despite the new bank note series being printed from polymer. I’ve heard that is often reserved for business related or larger transactions at certain stores (electronics, luxury brands) where they may be inclined to accept £50 in multiple quantities.
Sounds similar to the 200 euro note. Though I did once manage to withdraw one from an ATM, and it was accepted at a grocery store without problems.
Hm, I wanted to respond it seems more like the 500€ note, but it appears to not be produced anymore since 2019.
Those noone really wanted to have to deal with.
The 200 € note is the rarest one. When buying a car, I’ve actually used 500 € notes a few times. I’ve seen a 200 € note only once or twice. Can’t even remember when was the last time.
At the Vienna main railway station (Wien Hbf) there is or was an ATM, operated by Erste Bank, where you can choose to get 200 euro notes.
Wow. Never seen one of those.
Austria likes their cash; I’ve had salaries paid out in 500 and 200 bills
Oh, it’s a country specific thing then. In the past few decades, I’ve used electronic money more than physical money. Applies to salaries, cars, shopping etc. Works with small merchants too.
I’ve been seeing many people paying groceries with 100€ and 200€ notes lately