In article (Neil Williams) writes:
On Mon, 23 Jun 2008 11:08:40 GMT, "Dik T. Winter"
wrote:
At least in the Netherlands there is a maximum amount that can be payed with
a debit card. And that maximum is independent of the saldo on your account.
When I bought a computer quite some time ago (and, no, it was not a cheap
one), the total amount exceeded this maximum (DFL 2000 at that time), so I
had to pay the remainder by credit card.

With prior notification to your bank, why have one?

How can I give my bank a prior notification that I decide to buy something?

I found a (Visa)
debit card to be an extremely convenient way of paying just over
gbp7,000 for a car a few years ago, certainly compared to the risk of
cash or the cost and inconvenience of a banker's cheque.

Also credit cards are limited in the maximum amount and I think those
gbp7,000 would exceed my limit.

Note moreover that in the Netherlands most people do not have credit
cards for two of reasons:
(1) It costs money to get a credit card

Costs to "get" a credit card?

(2) It is possible that a retailer asks you to pay more if you pay
by credit card

Pay more to use a cr card for a transaction?

Lordy, in North America, both scenarios would lead to loud guffaws,
and protests along the lines of.. "you want my business?".


(1) is not so strong for a debit card because it costs less than a
credit card (something like EUR 5 a year for a debit card against
EUR 30 a year for a credit card). (2) is not necessary for debit cards
because the cost for the retailer is *much* less than with a credit card
(a few cent for each transaction vs. 3 to 5 % of the amount of the
transaction).

"Hugh Brodie" wrote in message
m...

wrote in message
...
"Hugh Brodie" wrote in message
...

Speaking of hyper-inflation, it's fun looking at the website of the
Reserve Bank of Zimbabwe http://www.rbz.co.zw to see the daily exchange
rate of the $Z vs the $US. Yesterday, it was 5,817,000,000; today it's
6,718,000,000. They have just issued $Z 50,000,000,000 notes ("bearer
cheques"). And it will cost you $Z 1,800,000,000 to mail a postcard to
the US. http://www.zimpost.co.zw/postalrates.html


It's a shame that there are no images of currently circulating Zimbabwean
notes or coins.

A few notes here - buying a beer in Hara
http://images.google.ca/imgres?imgur...%3Den%26sa%3DG

On the other hand - the Zimbabwe stock market has been one of the best
performing in the world. The industrial index which was at 1,000 a couple
of years ago, is now 5,160,207,611,002.24 .
http://www.herald.co.zw/inside.aspx?sectid=478&cat=8

More big numbers: your average Zimbabwe stock portfolio has tripled since my
last posting - the industrial index is now at 16,421,906,235,086.20 (but
still under $Z 10 billion to the US$) . Good housing is in the $Z 3-5
quadrillion range. Market capitalization of a major local company (Delta) is
$Z 26.2 quintillion. http://www.herald.co.zw/inside.aspx?sectid=653&cat=8

hb.


Yikes, if the situation in ZW weren't as serious as it is, that COULD
be funny.

The average person won't be involved in any stock transactions surely,
but simply be trying to survive.

So sad.

On Jun 25, 10:54*pm, Peter Beale wrote:
wrote:

A Manx 50p note, you said? They had subunit banknotes? Interesting, indeed.
The only other nation that I know of with subunits in bankotes was the
50-cent note in the Bahamas. I don't doubt, however, that there are other
places in the world with similar notes.

We had a ten-shilling note (half of one pound sterling) almost up to
decimalization in 1971 - I think it was withdrawn in favour of the 50p
coin in 1970.

That's three people mentioning 1970, but surely the 50p came in in
1969? That's certainly when the bulk of the original ones were dated.

"MIG" wrote

That's three people mentioning 1970, but surely the 50p came in in
1969? That's certainly when the bulk of the original ones were dated.

The 10 shilling notes were last issued, and the 50 p coin first issued in
1969. For a year or so they both circulated alongside each other, until,
towards the end of 1970 the 10 shilling note ceased to be legal tender.

Peter

On Jun 26, 7:54*am, "Peter Masson" wrote:
"MIG" wrote



That's three people mentioning 1970, but surely the 50p came in in
1969? *That's certainly when the bulk of the original ones were dated.

The 10 shilling notes were last issued, and the 50 p coin first issued in
1969. For a year or so they both circulated alongside each other, until,
towards the end of 1970 the 10 shilling note ceased to be legal tender.

Peter

Ah right. Thinking about it, there was a similar transition for £1
notes in 1983, but I don't remember if it spanned different years.

In both cases there seem to have been enough issued to replace all the
notes in circulation. The majority of 50ps in circulation were dated
1969 for a long time, and not many dated 1970 (or any dated 1971 that
I can remember [or any coins at all dated 1972, except perhaps in
collector sets]).

"MIG" wrote

Ah right. Thinking about it, there was a similar transition for £1
notes in 1983, but I don't remember if it spanned different years.

GBP1 notes were issued until the end of 1984, and remained legal tender
until 1988.
http://www.bankofengland.co.uk/bankn...uide/index.htm
IIRC, however, pound coins quickly gained popularity, andyou soon saw the
notes only occasionally.

Peter

wrote:
"®i©ardo" wrote in message
...
Tim Roll-Pickering wrote:
wrote:

I'm glad you said that. I've always made the point when accepting Scottish
banknotes that they are not legal tender, often to be met with a gobfull
of abuse from know-all Scots. I keep meaning to get in a stock of sterling
notes from Northern Ireland, so if a note is required in change I can give
them, say, a a £5 or £10 sterling note issued by the Bank of Ireland or
the First Trust Bank to see whether that would improve their humour.

I don't know where the idea comes from that Scottish notes are legal
tender because the bear the "sterling" because it simply isn't true - even
in Scotland!


That's actually happened, where one person pays in Scottish money and gets
change back in same denominatio.

If banks accept Scottish notes for deposit, is it really such a problem for
retailers to accept them from the general public, provided that they are not
the 1-pound notes?



No it isn't, but unfortunately there have been a lot of of forgeries of
Scottish notes in this part of the world - the West Country - and, given
the general unfamiliarity with them, many traders err on the side of
caution.

Even testing one of these notes under a scanner can start a diatribe
from the person tendering it, however, as per a letter in the Bristol
Evening Post just a week or two ago. Unfortunately only the responses
remain:

http://www.thisisbristol.co.uk/displ...=sidebarsearch

--
Moving things in still pictures!

MIG wrote:
On Jun 25, 10:54 pm, Peter Beale wrote:
wrote:

A Manx 50p note, you said? They had subunit banknotes? Interesting, indeed.
The only other nation that I know of with subunits in bankotes was the
50-cent note in the Bahamas. I don't doubt, however, that there are other
places in the world with similar notes.
We had a ten-shilling note (half of one pound sterling) almost up to
decimalization in 1971 - I think it was withdrawn in favour of the 50p
coin in 1970.

That's three people mentioning 1970, but surely the 50p came in in
1969? That's certainly when the bulk of the original ones were dated.

It was The Currency Act of 1967 which paved the way for decimalisation
in 1971, and there was a transition period allowing dual use of silver
coins, e.g. 1/- = 5p; 2/- = 10p, with the loss of 2/6 (half-crown) and
the 6d (tanner). It was in 1970 that the 10/- note was withdrawn from
circulation.

More he

http://www.tclayton.demon.co.uk/dec.html

--
Moving things in still pictures!

®i©ardo wrote:

It was The Currency Act of 1967 which paved the way for decimalisation
in 1971, and there was a transition period allowing dual use of silver
coins, e.g. 1/- = 5p; 2/- = 10p, with the loss of 2/6 (half-crown) and
the 6d (tanner). It was in 1970 that the 10/- note was withdrawn from
circulation.

More he

http://www.tclayton.demon.co.uk/dec.html

As stated there, the 6d remained in use (as 2½p) until 1980, partly at
the behest of London Transport. IMO to have vulgar fractions as an
integral part of a decimal system was always silly - to have had a 10/-
dollar would have been more sensible. But then I was happy with £sd!

Peter Beale

In message
Peter Beale wrote:

®i©ardo wrote:

It was The Currency Act of 1967 which paved the way for decimalisation
in 1971, and there was a transition period allowing dual use of silver
coins, e.g. 1/- = 5p; 2/- = 10p, with the loss of 2/6 (half-crown) and
the 6d (tanner). It was in 1970 that the 10/- note was withdrawn from
circulation.

More he

http://www.tclayton.demon.co.uk/dec.html

As stated there, the 6d remained in use (as 2½p) until 1980, partly at
the behest of London Transport. IMO to have vulgar fractions as an
integral part of a decimal system was always silly - to have had a 10/-
dollar would have been more sensible.

But would have had all the Little Englanders up in arms at the loss of the
Thousand Year Reich^^^^ Thousand Years of History�

--
Graeme Wall
This address is not read, substitute trains for rail.
Transport Miscellany at http://www.greywall.demon.co.uk/rail/index.html