Forum Support Tommy T. Posted July 4, 2019 Forum Support Posted July 4, 2019 1 minute ago, Arizona Kid said: I could be wrong, I've been wrong a few times, but I think they are following the example of the US and other developed countries to keep the denomination low so counterfeiters and drug dealers have a harder time dealing with the amount of money to move. Yeah... you could be right. I have no clue. I just hate carrying that bulk of cash around. P5,000s would be nice - just like US$100s? Oh well... add that to my list of a few changes I would like to see here in my limited lifetime... 2 Link to comment Share on other sites More sharing options...
Forum Support Tommy T. Posted July 4, 2019 Forum Support Posted July 4, 2019 8 minutes ago, hk blues said: my wife spends all denominations equally well! L is a true magician... She can make money disappear and she can also make 1,000 notes turn into 100 notes... 1 Link to comment Share on other sites More sharing options...
Arizona Kid Posted July 4, 2019 Author Posted July 4, 2019 7 minutes ago, Tommy T. said: L is a true magician... She can make money disappear and she can also make 1,000 notes turn into 100 notes... And no change? 1 Link to comment Share on other sites More sharing options...
Forum Support Tommy T. Posted July 4, 2019 Forum Support Posted July 4, 2019 Just now, Arizona Kid said: And no change? Maybe there is... I just never see it... 1 Link to comment Share on other sites More sharing options...
Forum Support Tommy T. Posted July 4, 2019 Forum Support Posted July 4, 2019 We can be walking together in one of the malls chatting... I remark to her, she replies. She remarks to me and I reply. Then I say something to her with no reply...??? I look around and she has vanished, quick as light, into a store that is maybe 50 meters away! How does she do that? And, if I am too slow catching up, P2,000 or more can be gone just as fast! 1 Link to comment Share on other sites More sharing options...
robert k Posted July 4, 2019 Posted July 4, 2019 2 hours ago, Tommy T. said: I just wish they had bigger notes... No, not larger in size (just being specific), but larger denominations. I do not like walking around with my wallet or pocket bulging with these P1,000 notes when I need to pay for anything a bit expensive... I had P 1 million in cash when I went to buy a new car. It was quite a pile. I had the helper carry it in a backpack. 1 Link to comment Share on other sites More sharing options...
GeoffH Posted July 4, 2019 Posted July 4, 2019 2 minutes ago, robert k said: I had P 1 million in cash when I went to buy a new car. It was quite a pile. I had the helper carry it in a backpack. We had the same when we went to buy the family Avanza, the money was cubed, wrapped in paper and put in a backpack. The sight of that much cash in one spot at the dealer created a bit of a stir (I generally prefer to keep a low profile), from what I saw basically every one signing for a new car was financing it. 2 Link to comment Share on other sites More sharing options...
hk blues Posted July 4, 2019 Posted July 4, 2019 2 hours ago, Arizona Kid said: I could be wrong, I've been wrong a few times, but I think they are following the example of the US and other developed countries to keep the denomination low so counterfeiters and drug dealers have a harder time dealing with the amount of money to move. That could be part of the reason, but I think it's more likely to be down to the simple fact that people didn't have that much money/salary in the past so the demand for big notes was minimal and things have just not changed 1 Link to comment Share on other sites More sharing options...
Forum Support Tommy T. Posted July 5, 2019 Forum Support Posted July 5, 2019 13 hours ago, GeoffH said: We had the same when we went to buy the family Avanza, the money was cubed, wrapped in paper and put in a backpack. I agree with trying to keep as low a profile as possible. Nowadays, even though it costs me a fee, I have my bank cut me a "counter" check or whatever it's called here, made out to the payee... So much lower key and safer too, I think? 1 Link to comment Share on other sites More sharing options...
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