News U.K. Removes 500-Euro Bills to Fight Organized Crime (Update1)

U.K. Removes 500-Euro Bills to Fight Organized Crime (Update1)

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U.K. Removes 500-Euro Bills to Fight Organized Crime (Update1)

May 13 (Bloomberg) -- Banks and money exchange services in the U.K. are no longer distributing 500-euro notes after a report showed that 90 percent of the demand for the bill came from criminals, the Serious Organised Crime Agency said today.

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