Theyare however still perfectly valid, even as the ECB announced it would stop issuing new ones. Yes, they are accepted, of course. 500 euros notes are perfectly legal. As stated before, you might have trouble using then in some places. In the other hand, there are places that will accept them regardless of the amount you buy.
Are500 euro notes still valid? The €500 banknote, like the other denominations of euro banknotes, will always retain its value and can be exchanged at the national central banks of the Eurosystem for an unlimited period of time. Is there a 1000 euro note? There is no 1000 euros bank note. There are, however, 1000 dollar bills.
Euroarea NCBs will provide their customers until and including 26 January 2019 with €500 banknotes. After the issuance stop, the €500 banknote will remain legal
Youcould always exchange them (or any valid banknotes, including still in many cases pre-euro national currencies) at a national central bank for free. So if you're in Frankfurt (the Bundesbank), Paris (Banque de France), Brussels (Banque National de Belgie) etc. you can go personally to the national central bank but NOT the European Central
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are 500 euro notes still valid