Who accepts 1000 franc notes?

Daily Life, Swiss News and General Topics
1
We recently sold an expensive item for cash and we are now in possession of a few 1000 franc notes. I see signs in many places that they don't accept them, so my question is: who does? I assume my local shop is a no-go, but would larger Coop and Migros generally accept them? I am not planning on purchasing anything more expensive than groceries in the foreseeable future, so I am keen to get rid of these large notes as soon as I can.

2
Change them at the bank.

3
Me! I’ll take them off your hands.

But in all seriousness the larger coop and migros stores will accept them.

4
Exactly, any bank, and any place that wants to sell you something for more than 200CHF.

Tom

P.S. I fondly remember they days of breaking one by buying a pack of gum.

5
Alternatively, instead of changing them at the bank: just deposit them at the bank on your account

6

Thanks for confirming! I've not stepped foot inside a bank in years, and actually come nowhere near to a physical bank during my day-to-day life. Coop would be the easiest option for me, will try my luck the next time I do a big shop.

7
You don’t need to go to any physical bank and talk to employees, just an ATM that accept deposit, I used the ones in Zurich HB when I came here with some 1k notes as I did not want to bring a lot of small notes with me (10k) and did not have a bank account yet.

I also used a couple in Migros waiting for my bank account debit card.

At some point I was left with some 200 notes and those I used in Coup self-checkout machines (the ones that accept cash)

8
It's not hard to pay cash into your bank account - unless you are with an online only bank.

9
I once saw a builder who had just got his money in cash buy a loaf of bread in small local Migros and pay with CHF1000 note.

No alarm bells rang and the cashier was able to pay the change from the till without missing a beat...

10
Since 1'000 notes represent 9.5% of Swiss currency in circulation and 57.6% by value, Swiss cashiers possibly see them occasionally:

https://www.snb.ch/en/iabout/cash/id/cash_circulation

11
I recently had 1000 franc note which I used to pay a bill at the post office. The lady at the post office didn’t look surprised at all.

12
I hope everybody in Switzerland, i got 1'000's of them stuffed under the bed

13
There is no CHF 2000 note.

Tom

14
Urban Myth:

Man walks into a post office and asks teller if he’d change a 1000 franc note. No sir, says the teller, we are not a bank.

Oh, says the guy, could I buy a 5 centime stamp. Of course sir, here you go and hands him 999.95 in change.

Myth, because the Post Office is a bank and with their cash flow should be able to easily change it.

15
Few years ago when I was in possession of one, just bought a ticket at SBB and it was no big deal to them, I felt some times that it was more difficult to break a 50/100 Euro in Germany compared to CHF 1000 here.

off topic :

CHF 1000 is currently Europe’s most valuable note.

16
Or any Scottish note in England. (and vv)

17
It's probably highest in the world, i can't think of anything in current and daily circulation that is higher

USD 100.-

Euro 500.--

GBP 50.-- (this should tell you a lot about the country)

Yen ???

RMB ???

18
Isn't the €500 discontinued?

19

Singapore and Brunei currently hold the title for the most valuable banknotes, at 10,000 SGD (US$7,415) and 10,000 BND (US$7,424) respectively. The CHF1,000 (US$1,093) comes in a distant third.

20
According to this https://nomadcapitalist.com/finance/...nknotes-world/

10'000 Singapore dollars

10'000 Brunei dollars

exists.