Bank of Ireland wanted €3 to change a €500 note "cash exchange charge".

[Marietta]

Well that was rather mean of Lloyds TSB

 

[Geraldine2]

My daughter went to the Bank of Ireland the other day to change a €500 note. The cashier said no problem but would have to charge a €3 fee for doing so. Has anybody else experienced such an attitude ? Bear in mind the note came from the Bank of Ireland in the first instance.

I wonder if it is legal?

 

[SlurrySlump]

I remember my 10 year old son brought a $1 bill to the Bank of Ireland in Stillorgan that he got as a present and was charged at the time a fee of 25p to cash the note.

 

[nlgbbbblth]

I remember my 10 year old son brought a $1 bill to the Bank of Ireland in Stillorgan that he got as a present and was charged at the time a fee of 25p to cash the note.

?

foreign exchange transaction. I'll bet the commission was 1% with a 25p minimum.

Technically entitled to charge but should exercise some discretion.

 

[xanadu1]

I wonder if it is legal?

Can't see why not. Ithe central bank would probably do it for free, but i don't see why a consumer bank should be expected to go out of their way to deal with this rare note which they probably never normally touch without compensation.