Banknotes and coins

Coins as legal tender

Euro banknotes are legal tender without limitation, i.e. any debt can be paid with any quantity of banknotes in any denominations, regardless of the amount. However, in the case of coins, in accordance with the provisions of Article 11 of Regulation (EC) 974/98, with the exception of the issuing authority and persons expressly designated by national legislation, no party shall be obliged to accept more than fifty coins for each payment.


Related Legislation