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Nairaland Forum / Nairaland / General / Business / CBN Imposes Penalty On Banks For Mutilated Notes (13550 Views)
CBN Imposes Limit On Banks’ Foreign Currency Exposure / Banks Push Out Dirty, Mutilated Notes As New Naira Scarcity Persists / CBN Asks Banks To Return All Mutilated Notes Between June 3 & September 2 (2) (3) (4)
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Re: CBN Imposes Penalty On Banks For Mutilated Notes by sotall(m): 8:32am On Apr 04, 2022 |
Very unfortunate that most people here didnt read and understand the content of this news. Very unfortunate... Torn notes are mutilated notes Composed notes are mutilated notes. The emphasis was on composed notes. You can't join 200 and 500 naira together and say CBN should change it to 500 naira for you. 3 Likes |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by ikorodureporta: 8:34am On Apr 04, 2022 |
wolesmile: justli: It's the same torn notes that become 'patched notes" if you don't handle it v.carefully....th4, nobody wl b willing to accept it |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by CharlotteFlair: 8:41am On Apr 04, 2022 |
Sergio101:tatata unto popcorn or gun wey you be? |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by CharlotteFlair: 8:43am On Apr 04, 2022 |
criuze:Go and read the topic and edit your comment |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by justli: 8:54am On Apr 04, 2022 |
ikorodureporta: Point is, don't patch a bank note with a different note. Return it with some part turn or missing, no problem. It's the banks' job tocollectt turn and wornout notes from the public and return same to the apex bank. The CBN can never refuse to collect wornout notes from the public, doing so will breach the trust on the naira as a legal tender |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by HernanCortes: 8:55am On Apr 04, 2022 |
Emefiele is a useless man |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by ArewaTech1(m): 8:55am On Apr 04, 2022 |
tbh of all the countries I traveled to, Nigerian money are the lowest in quality. made of low quality material I think. Even common India, you hardly see a torn/mutilated notes. Nigeria has fundamental problems. Let's just break this nation... I don tire seff 1 Like |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by bigtt76(f): 9:04am On Apr 04, 2022 |
Exactly sotall: 1 Like |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by 2rez: 9:09am On Apr 04, 2022 |
Who go con impose ban on CBN Very anyhow useless & unscrupulous institution. Meanwhile, If u got US bank account(s) with transaction histories. Capital one, Chase, BOA... If u got, check my sig & chat me up asap. Good morning.
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Re: CBN Imposes Penalty On Banks For Mutilated Notes by SEGLIZ: 9:12am On Apr 04, 2022 |
slawormiir: Damnnn niggarrrr, slawormiir where just dey all this time? you just evaporate like that from your nairaland family like now. welcome back bro, how the hustle for your end. 1 Like 1 Share |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by jamesbridget13(f): 9:19am On Apr 04, 2022 |
If bank don't accept it where do they expect us to take torn notes to? Last month my hubby changed about 30k accumulated torn notes via zenith. Now we have some torn notes from d money we got from d bank. If bank won't receive it from us, who will? |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by Sergio101(m): 9:32am On Apr 04, 2022 |
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Re: CBN Imposes Penalty On Banks For Mutilated Notes by CharlotteFlair: 9:51am On Apr 04, 2022 |
Sergio101:In the land of the dead |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by Yankee101: 10:11am On Apr 04, 2022 |
Misleading headlines Composed banknotes Not mutilated ones Putting together different pieces from different serial numbers to forn one note is actually fraudulent |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by Sergio101(m): 10:21am On Apr 04, 2022 |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by U1(m): 10:30am On Apr 04, 2022 |
Ololanla: I hear. If those people give you bad notes, no collect. This country just doesn't cease to amaze me (in a bad way). Who now pays for these mutilated notes? I sure don't mutilate notes but I get offered the same every now and then. |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by Oshodipikin: 10:37am On Apr 04, 2022 |
Emefiole don start again. 1 Like |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by U1(m): 10:44am On Apr 04, 2022 |
sotall: Thanks for pointing this out. But it may not always be easy for an average person to detect this. |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by CharlotteFlair: 11:09am On Apr 04, 2022 |
Sergio101:Ok start doing press up. I'll tell you when to stop. |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by Sergio101(m): 11:16am On Apr 04, 2022 |
CharlotteFlair: Omo ×100 . My thing don rise. Oya nah.....am doing press up already |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by Uziyl(m): 11:44am On Apr 04, 2022 |
sotall: Very very unfortunate. A lot of people don't read. Seeing some comments here is just so embarrassing. Like is this how ppl write exams without reading instructions. |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by philipobiz: 12:21pm On Apr 04, 2022 |
Composed mutilated note means parts from another to complete a torn one. That's the note CBN is talking about. But trust banks. They will try to reject complete one. Make them try me. Na there we go dig am. 1 Like |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by CharlotteFlair: 12:30pm On Apr 04, 2022 |
Sergio101:Kontinu! Lazy arse. |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by Sergio104(m): 1:58pm On Apr 04, 2022 |
CharlotteFlair: Not like that nii . Na you wan confirm. It's like you like insulting someone Outta here!!! |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by chicent2k3(m): 3:10pm On Apr 04, 2022 |
Brother, i can also show you a 100 dirham note printed in 2015 and is in a good condition. Alot of Nigerians have poor maintenance culture. DaInferno: |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by CharlotteFlair: 3:24pm On Apr 04, 2022 |
Sergio104:Common press up you can't do, yet you are looking to climb Kilimanjaro. Abeg go siddon. |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by Sergio104(m): 4:29pm On Apr 04, 2022 |
CharlotteFlair: Lol ..... Kilimanjaro? . So ya hot cake How's your day going?? |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by DaInferno(m): 4:30pm On Apr 04, 2022 |
chicent2k3:true, but Dirhams are used on more refined grounds compared to nja. |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by CharlotteFlair: 4:54pm On Apr 04, 2022 |
Sergio104:My day's hectic Baba but it's all good. |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by Sergio104(m): 5:09pm On Apr 04, 2022 |
CharlotteFlair: Alright dear. Good fate for us all. ....... ya cherished 1 Like |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by jrobbins: 5:54pm On Apr 04, 2022 |
Forget the heading. Read the news... The policy is on composed bank notes and not mutilated notes. Lalasticlala / seun please correct the heading. |
Re: CBN Imposes Penalty On Banks For Mutilated Notes by Anndrew(m): 7:35pm On Apr 04, 2022 |
ayindejimmy:lolz..take it from ATM to the bank to change it |
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