Its quite common for locals to order pristine red 100NT bills at CNY for example. The bank is quite used to such a request. New notes may also be required if taking them abroad for exchange at foreign banks.
I’ve seen a shitload of $2000 notes, in the cash drawer of the bank I went in to get one. It was a normal bank in Taoyuan City though, nothing special about it. The girl said “I often receive, but never give” which I thought was pretty amusing!
I’ve never seen a $200 though, and only three or four $20 coins.
Don’t post them home either. I did what you’re doing in India a few years ago, stashed them in a book and sent them home. None of them made the trip. $1685 rupees and a lot of work down the pan at the hands of some over zealous and underpaid customs worker, somewhere.
I’ve gone to the Bank of Taiwan in Taoyuan and asked for a $200 note, a $2,000 note, and a $20 coin and have received them all without a problem. I hide them in my wallet for good luck and as conversation makers. They’re also there if I need emergency money.
I’ve seen a $2000 NT note in circulation one time in nearly 3 years here. I have seen them bundled up behind bank counters quite a few times though. I don’t think there’s anything too special about them. Sort of like $2 bills in the US. You don’t find them in circulation often but you can acquire them at any bank. Same for the $200 bills here. I’ve seen them in circulation only a handful of times but every time I win $200 NT on the receipt lottery I always request them from the post office bank and almost always get them. I’ve seen a $20 NT coin only once. It was sitting by itself in a coin holder behind the bank counter. I pulled out two ten NT coins and demanded the coin immediately. Still hanging on to it in my coin collection.
There just isn’t much reason to use them. Typically when I withdraw money I end up breaking 1000NT notes because things are cheap here. For bigger purchases it’s not that much more efficient to use twice as many 1000NT notes. The one time that I would like a larger note is when I need to 30K or 70K in cash but I would want a 5000NT note for that. And those days are rare.
There just isn’t much reason to use them. Typically when I withdraw money I end up breaking 1000NT notes because things are cheap here. For bigger purchases it’s not that much more efficient to use twice as many 1000NT notes. The one time that I would like a larger note is when I need to 30K or 70K in cash but I would want a 5000NT note for that. And those days are rare.[/quote]
At home we had 10,000 BEF years ago … now there are 500 Euro bills
Due to be phased out on the next update of the Euro notes in 2018. Apparently only really used by criminals. When I changed RMB to Euro in China the bank insisted on large denomination notes so I had 500’s & 200’s, went hungry for a while on arrival in Germany before I found somewhere to break a note…
Do aware that most vendors (even 7-11) would scrutiny you like a pariah if you try to buy stuff using 200 or 2000 bills. Some insisting of you using other denomination.
Bank will accept the bill though.
I really wish they would put more 2000 NT bills (or ideally an even higher denomination) into circulation. It is incredibly inconvenient to have to carry a wad of bills around, considering how many businesses don’t take credit/debit cards here. What other developed / first world nation has $31 USD as the highest value for a bill?