Folks -
I noted - a few weeks back I think it was - that new LARGER currency is to be printed and forthcoming soon (sorry: the bills won't be any bigger, but their denominations will be)... I just wanted to have some fun, there!
It occurs to me that merchants are sometimes still less-than-happy, even now, to accept 100-peso notes (for good reason) and these larger denominations will pose issues for ATM withdrawals, I suspect...
Yes, we've been waiting for this to occur, but now that it seems fairly imminent (we're told) I think some 'mechanics' are useful, here (I've been watching for this to come up, and did a 'search' but haven't seen this topic... I don't think...):
Given that we're all trying to maximize W/D amounts to save on fees (and yes, I KNOW about Citibank - but I'm not a customer) has anyone tried to figure out the mechanics of such future ATM withdrawals when we're likely to be receiving such (ie, 500-peso-note) bills? In the past - before I arrived here 20.5 months ago, now - people often recommended taking out a somewhat odd-numbered sum for each transaction (ie, 290 instead of 300). THAT hasn't been needed for awhile, but it seems to me: HERE WE GO AGAIN... Being somewhat mathematically challenged, I cannot seem to force my brain to tackle this question... or is this just my brain making mountains out of... well, you know...
Anybody care to... please?
Thanks,
Paul
I noted - a few weeks back I think it was - that new LARGER currency is to be printed and forthcoming soon (sorry: the bills won't be any bigger, but their denominations will be)... I just wanted to have some fun, there!
It occurs to me that merchants are sometimes still less-than-happy, even now, to accept 100-peso notes (for good reason) and these larger denominations will pose issues for ATM withdrawals, I suspect...
Yes, we've been waiting for this to occur, but now that it seems fairly imminent (we're told) I think some 'mechanics' are useful, here (I've been watching for this to come up, and did a 'search' but haven't seen this topic... I don't think...):
Given that we're all trying to maximize W/D amounts to save on fees (and yes, I KNOW about Citibank - but I'm not a customer) has anyone tried to figure out the mechanics of such future ATM withdrawals when we're likely to be receiving such (ie, 500-peso-note) bills? In the past - before I arrived here 20.5 months ago, now - people often recommended taking out a somewhat odd-numbered sum for each transaction (ie, 290 instead of 300). THAT hasn't been needed for awhile, but it seems to me: HERE WE GO AGAIN... Being somewhat mathematically challenged, I cannot seem to force my brain to tackle this question... or is this just my brain making mountains out of... well, you know...
Anybody care to... please?
Thanks,
Paul