Like all euro banknote denominations, the €500 banknote always retains its value and can be exchanged at any time with a national central bank in the euro area. Existing €500 banknotes are still legal tender, so you can continue to use them as a means of payment and store of value (i.e. spend and save). Similarly, banks, bureaux de change and other commercial parties can continue to circulate existing €500 banknotes. There are two series of banknotes. The first series includes seven different denominations: €5, €10, €20, €50, €100, €200 and €500. The second series, the Europa series, consists of six denominations and was completed by the issuance of 100 and 200 euros on 28 May 2019. The €500 banknote has not been included in the Europa series and has not been issued since 27 April 2019. The first series of banknotes, originally issued in 2002, is gradually replaced by the Europa series. All banknotes are legal tender throughout the euro area. This undistributed €1 million note is a fancy note issued by the Naples Bank Note Company in 2000.
Its obverse shows the sign of the euro in the middle of the flag of the European Union. His backhand shows a handshake surrounded by the flags of EU countries. Note that this ticket is not legal tender anywhere in the European Union. Police in the city on Tuesday arrested four people at a hotel in Visakhapatnam who allegedly tried to exchange a million counterfeit euro notes for Indian money. On 27 January 2019, 17 of the 19 national central banks in the euro area stopped issuing €500 banknotes. In order to ensure a smooth and logistical transition, the Deutsche Bundesbank and the Oesterreichische Nationalbank stopped issuing the notes on 27 April 2019. The defendants told their potential buyer that the currency was valued at 8.4 crore, but they only wanted 1 crore. Lettering: ONE MILLION EUROS NON-NEGOTIABLE THIS CERTIFICATE IS ONLY SECURED AND SECURE BY TRUSTING THE EUROPEAN DREAM € 1,000,000 Please log in or create an account to manage your collection. Deputy Chief of Police (East Division) Ch. Harshita said four people from Godavari East and West counties had reached an agreement with one person to exchange the counterfeit currency for Indian money at a hotel near Diamond Park, under the police boundaries of the Fourth City. They also presented a certificate of authenticity to convince the person.
Based on information, the criminal investigation team, led by Simhadri Naidu and the Fourth Town Police, searched the hotel and detained the defendants. No member of this site currently wishes to exchange it. Lettering: 1,000,000 HAVING NON-LEGAL TENDER BANKNOTABLES.COM € ONE MILLION EUROS THE NAPLES BANKNOTE COMPANY 2000 € 1,000,000.