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<p>[QUOTE=&quot;chrisild, post: 2145532, member: 39&quot;]I know this is basically an American site, and most people here won&#039;t care about such details, but ... Germany introduced the Euro in January 1999; in December 2001 the first euro cash was introduced, and in January 2002 the Mark cash ceased to be legal tender. No idea where you get the idea from that we still &quot;use&quot; the Mark, but Germany and a few other Euro countries do indeed have unlimited redemption periods.</p><p><br /></p><p>That means, whenever you find old DEM cash, you can take it to a Bundesbank branch office and get € money for it. The above &quot;circulation&quot; figure is somewhat misleading - 12.9 billion Marks have just not been redeemed so far. Try finding them in &quot;circulation&quot; <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie1" alt=":)" unselectable="on" unselectable="on" /> they are simply hoarded, in Germany and elsewhere, or maybe even forgotten.</p><p><br /></p><p>[USER=73555]@doug5353[/USER] - Basically right, except that Deutsche Bank is a commercial bank which will not (or maybe as a special service) take your DEM cash. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" /> The central bank is the Bundesbank, and that conversion into euro cash is a one-way street.</p><p><br /></p><p>Side note: Here in Germany cash is still used more often than in, say, Sweden or Norway. But even there the &quot;cashless society&quot; is something like the &quot;paperless office&quot; - we&#039;re getting closer, but I don&#039;t quite see their imminent death.</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

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