The volume of euro banknotes in circulation issued by the Bundesbank has continued
to grow ...... international wholesale currency shippers
and cash was taken. On 4 May 2016, the ECB Governing Council decided that the €500 the banknote will be excluded from the Europa series and the issuance of this
denomination will be stopped around the end of 2018.
Euro area NCBs will provide their customers until and including
26 January 2019 with €500 banknotes. After the issuance stop, the €500 banknote
will remain legal tender and can continue to be used as a means of payment and
store of value. Commercial parties (such as banks, cash-in-transit companies,
bureaux de change etc.) are allowed to recirculate €500 banknotes.
The €500 banknote, like the other denominations of euro banknotes, will always retain its value and can be exchanged at the national
central banks of the Eurosystem for an unlimited period of time. The Central
Bank of Ireland provides a facility for the exchange of high-value euro
currency banknotes at our public office in North Wall Quay (limited number of
notes permitted per transaction)
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