Au revoir, 500 euro note. What does this mean for terrorists and drug cartels? Melody Hahm · West Coast Correspondent Thu, May 5, 2016, 11:10 AM The European Central Bank is discontinuing the 500 ...

In some countries they're known as "Bin Ladens" - the banknote everybody knows exists but few, other than criminals, ever see. Now the 500 euro note is being withdrawn from sale in the UK. Like almost ...

The ECB is responsible for issuing euro banknotes that are used by all 19 nations in the eurozone. Europe’s top law enforcement officials maintain that the 500 euro banknote (worth about $576 ...

Above, 500-euro notes stacked in a pile at Money Service Austria's headquarters in Vienna, March 3, 2016. Reuters/Leonhard Foeger It’s time to start saying goodbye to the 500-euro note.

The ECB is responsible for issuing euro banknotes that are used by all 19 nations in the eurozone. Europe’s top law enforcement officials maintain that the 500 euro banknote (worth about $576 ...

For reference, 1 million euros in 500-euro notes would weigh about 4.5 pounds, while the same amount in the UK's highest denomination, the 50-pound note, would weigh about 53 pounds.

And the United States got rid of its $500 bill in 1969, along with its $1,000, $5,000, and $10,000 bills. Criminals aren’t the only ones who liked the bills, though.

According to ECB statistics, 500-euro bills account for just 2.4 percent of the total number of banknotes in circulation, but a little over 20 percent of the total value.

British bank wholesalers have withdrawn 500 euro notes from sale because they are fuelling organised crime. 13 May 2010 • 7:30am Wads of 500 Euro notes were among items stolen Credit: Photo: PA ...

500-Euro Banknote Being Phased Out European Central Bank will cease issuing €500 bill toward the end of 2018 By Todd Buell Updated May 4, 2016 1:41 pm ET | WSJ Pro ...

FRANKFURT, Germany (AP) — Production of the 500-euro banknote is being discontinued amid concerns it had become too popular among crooks and money launderers. The European Central Bank, the ...