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Cbn Issues Order To Banks To Accept Old Notes For Deposit - Business - Nairaland

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CBN Opens Portal For Deposit Of Old Naira Notes / New Notes Scarcity: CBN Issues Fresh Directive To Banks / More Bank Accounts To Be Shut As CBN Issues Strict BVN Rules (2) (3) (4)

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Cbn Issues Order To Banks To Accept Old Notes For Deposit by 042reports(f): 11:35am On Feb 13, 2023
The apex bank Cbn has issued a circular and internal memo to banks to accept old notes for deposit.

Is it a welcome development or not?
Let hear from u
Re: Cbn Issues Order To Banks To Accept Old Notes For Deposit by duro4chang(m): 11:43am On Feb 13, 2023
It has not said anything meaningful yet. For deposit only? What of withdrawal? Does it have enough new notes?
Re: Cbn Issues Order To Banks To Accept Old Notes For Deposit by 042reports(f): 11:44am On Feb 13, 2023
Don't know.
Only giving out first hand info
Re: Cbn Issues Order To Banks To Accept Old Notes For Deposit by Madridstar(m): 11:44am On Feb 13, 2023
Whose taking old notes to banks, when you will not see it again, banks will sale the notes to pos vendors, and you will buy the notes from same pos vendors. Dey play.
Re: Cbn Issues Order To Banks To Accept Old Notes For Deposit by Parachoko: 11:51am On Feb 13, 2023
042reports:
The apex bank Cbn has issued a circular and internal memo to banks to accept old notes for deposit.

Is it a welcome development or not?
Let hear from u
Is a welcome development

But we also need to be able to withdraw it till new currency can circulate

Even if nah just old ₦500 and ₦200 notes the CBN will release, it will ease the wahala people are going through.
Re: Cbn Issues Order To Banks To Accept Old Notes For Deposit by iscom(m): 11:54am On Feb 13, 2023
When?

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