ATM’s in the Netherlands cap at 50€ (so any higher denomination must be requested at the bank), due to people using contactless payments frequently there’s less incentive for cash. Even then, why did the EU decide to print 100€ or 200€ notes (forget about a 500€ note as they’ve stopped printing more since 2019 but it is still legal tender). Stores refuse to accept a 200€ note for a 150€ purchase, why do these denominations exist?

  • stumu415@lemmy.zip
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    11 days ago

    Because the Netherlands is a nanny state. I’m so happy I’ve left many years ago. I get so depressed when I go back for family visits. My Dutch friends here have a saying now: In Holland mag je niets en kan je niets.