Is it legal for large retail store to refuse e.g. 200 Euro banknote if there is no change? If this differs among EU countries, Estonia is of primary interest. Thanks!
To clarify: you're asking whether a store can refuse your 200 EUR for arbitrary reasons (i.e. not the reason that they would have to give you a large amount of change)?
If so, then yes, this is legal pretty much anywhere.
The EUR notes are legal tender in the Euro countries, but this only means that they must be accepted to settle debt. And a normal store transaction involves no debt because it is, in a legal sense, a carefully choreographed exchange that is optimized to minimize friction and potential for legal problems in everyday situations:
- First, the store puts up merchandise and displays a price. But this is not considered a binding offer but merely an invitation to treat, basically the store invites you to make them an offer to buy the merchandise at that price.
- By taking the merchandise to the cashier, you're making that offer, which the store can accept or reject.
- By taking your payment, the store accepts your offer, and at this moment a purchase contract materializes and is automatically closed.