This problem has probably been exacerbated by the fact the the $500 euro note has not been issued since 27 April 2019[1]. I wonder if making storing euros in cash 2.5 times harder (500 versus 200 euro notes) was part of the reason the 500 euro was retired.
[Edit] The legal storing of cash. The stated reason was the criminal use of cash.
[Edit] The legal storing of cash. The stated reason was the criminal use of cash.
[1]https://en.wikipedia.org/wiki/500_euro_note