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Subject: Re: 500 Euro note Posted on: Thu, 23 Nov 2006 11:01:14 +0000 (UTC)

On Thu, 23 Nov 2006, B Vaughan wrote:

> former. When I make a withdrawal from the bank, unless I specifically
> request 50s, they will usually give me 100s. ATM machines don't
> usually give anything larger than a 50 and usually mix in a few 10s.

I guess that depends on spending patterns, specific bank usage and local
usage (maybe a rural area is different).

It's ages since I do not make a withdrawal "by purpose" from the bank
and I cannot imagine why I should do it when I can use an ATM. Also at
least with my bank (Intesa) non-ATM withdrawals have an handling fee ...
the idea is to charge for all operations one can do himself at an ATM or
via home banking. In fact last time I made a withdrawal at the counter
was just because in the next days ATM withdrawals could have been not
possible (if you book for a large trading operation to be executed in a
few days, your balance is declared "unavailable" for ATM withdrawals).

About denominations given by ATMs, maybe it depends from bank to bank. I
always use Intesa ATMs (because they are free, using other banks won't
be free) and they give 50s and 20s, no 10s. ... but I admit I've never
asked for an amount which could force a 10 to come out, provided the
machine stores it.


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