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How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN - Business (4) - Nairaland

Nairaland Forum / Nairaland / General / Business / How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN (46901 Views)

CBN Offical Tells Nigerians To Deposit Old Notes In Their Banks (Video) / How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank / Video Of Nigerians Arriving CBN Office With Sacks Of Old ₦‎500 And ₦‎1,000 Notes (2) (3) (4)

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Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by just2endowed: 7:00pm On Feb 14, 2023
Beremx:
Old notes are not going extinct any time soon. They are still in circulation and will continue to be. Those who are rejecting old notes are losing customers and have no choice than to succumb.

Fucck Emefiele

There is a cold room fish seller in my neighbourhood. This man shop is big and has three deep freezer selling frozen, chickens, turkey fish etc. I went to his big shop and the guy told me he doesn't accept Pos transaction and bank transfer but only cash. I look at the bro and decided not to buy again.

Question is,what stop this category of seller from accepting cashless policy knowing fully well that he pays he's suppliers in through bank transfer ? To me I don't understand but I don't want to ask him

4 Likes

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Kimo21(m): 7:01pm On Feb 14, 2023
Zulum500:


Na fake news 🤣😁🤣🤣
We're still using our money 😁😎🤭

That is if you and the person agree to use it...most people are not collecting it anymore so it's at your own risk

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Seun(m): 7:02pm On Feb 14, 2023
IslamIsIdiotic:
Anyone who still believes that this cash swap idea originated from Emefiele and not the Daura Dùllard is more than a fool. The English language doesn't have any word sufficient to explain that level stupidity.
They work as a team to destroy our economy. They bring out the worst in each other.

6 Likes 2 Shares

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by muyico(m): 7:03pm On Feb 14, 2023
[quote author=priceactionx post=120908823]I pity this guy. He should pray tinubu should not win (but sorry to say, as the looks now, he is the most favored among the contestants based on what is on ground) if not, his jail will be longer than kanu own especially if he is found guilty of working with bad elements in apc government.
The day he got apc nomination form and wanted to contest, i know many things is cooking up in this administration. Only few days from now will clearify his adrenaline rush that is making him to be abnormal.
People in Nigeria supporting this wrong timing think they are smart, but are seriously suffering to collect their remaining 2k from the bank with no hope, loosing business deals in empty stomachs because of failed transactions and network should be more worried.
And you think politicians wont be able to still buy votes? Una never chichomchin.
If tinubu win! Many apc cabal wil leave d party Bcus tinubu knw them!

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Kimo21(m): 7:04pm On Feb 14, 2023
Tayorshd2:


But if u deposit all then where will u get money to feed when d new one self is not available kiss

Where is ur brain shocked

Then use the old notes at your own risk if your guy man is willing to accept it because most shops have closed down and most people are not collecting it...I just hope the notes with you are not too much that's all

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by broadman20: 7:06pm On Feb 14, 2023
priceactionx:
I pity this guy. He should pray tinubu should not win (but sorry to say, as the looks now, he is the most favored among the contestants based on what is on ground) if not, his jail will be longer than kanu own especially if he is found guilty of working with bad elements in apc government.
The day he got apc nomination form and wanted to contest, i know many things is cooking up in this administration. Only few days from now will clearify his adrenaline rush that is making him to be abnormal.
People in Nigeria supporting this wrong timing think they are smart, but are seriously suffering to collect their remaining 2k from the bank with no hope, loosing business deals in empty stomachs because of failed transactions and network should be more worried.
And you think politicians wont be able to still buy votes? Una never chichomchin.
When the hunger hit yur head well during the election, you too will join them to sell your votes when you see new notes flying around and security agents looks away.
For naija wey i know, vote buying with the new currency will flow well. Thats just sad situations that likely happen.


Tinubu to win? Hahahaha!

You have comforter

Jesus is your comforter

You saviour is your comforter

You are not alone....

2 Likes

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Beremx(f): 7:07pm On Feb 14, 2023
just2endowed:


There is a cold room fish seller in my neighbourhood. This man shop is big and has three deep freezer selling frozen, chickens, turkey fish etc. I went to his big shop and the guy told me he doesn't accept Pos transaction and bank transfer but only cash. I look at the bro and decided not to buy again.

Question is,what stop this category of seller from accepting cashless policy knowing fully well that he pays he's suppliers in through bank transfer ? To me I don't understand but I don't want to ask him
He's not ready to sell his product. I am sure he's having low turnout of customers. He thinks he's the only one who sells chicken. Give him time and you will see how his business crumbles

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by stasius: 7:08pm On Feb 14, 2023
Jesus! Emefiele is a smart ass guy!

Damn! Dude is too smart mehn.


Oya kidnappers, terrorists and politicians bring forth your money to deposit.

😂😂😂😂😂😂😂.
This is checkmate!

5 Likes

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Kingcalls: 7:08pm On Feb 14, 2023
olusolaalisha:
The only CBN branch I know in Lagos is in broad street, so u are expecting people from egbeda, ikotun, epe to come and deposit in island.

I will just dye the money blue. just 2k

Kirikiri or Jungle justice don de hungry u

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by biafranrealson: 7:09pm On Feb 14, 2023
olusolaalisha:
The only CBN branch I know in Lagos is in broad street, so u are expecting people from egbeda, ikotun, epe to come and deposit in island.

I will just dye the money blue. just 2k
Small self
From Aba we dey go Umuahia
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Kaiser20: 7:13pm On Feb 14, 2023
See the trouble Nigerians are going through just because of how brother Tinubu used cash to buy his presidential primary ticket

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by sylve11: 7:13pm On Feb 14, 2023
olusolaalisha:
The only CBN branch I know in Lagos is in broad street, so u are expecting people from egbeda, ikotun, epe to come and deposit in island.

I will just dye the money blue. just 2k


grin cool
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Tom1960: 7:14pm On Feb 14, 2023
Pls vote for Tinubu, he will reverse the ill-timed policy on his first day in office.

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by berbs: 7:15pm On Feb 14, 2023
shakol91:
Nice initiative.. I'm for anything to curb vote buying. The damage vote buying is doing is more than the challenges we are facing right now.

Lastly, CBN should make this policy stressfree and also uphold the policy of reducing supply of higher denominations

Keep living in fools paradise.
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Mrtaye: 7:19pm On Feb 14, 2023
Beremx:
Old notes are not going extinct any time soon. They are still in circulation and will continue to be. Those who are rejecting old notes are losing customers and have no choice than to succumb.

Fucck Emefiele
No worry dey collect am
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by FireUpNow(m): 7:23pm On Feb 14, 2023
olusolaalisha:
The only CBN branch I know in Lagos is in broad street, so u are expecting people from egbeda, ikotun, epe to come and deposit in island.

I will just dye the money blue. just 2k
that's the only one I know and the place doesn't look as before this country they just like stressing us
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by madridguy(m): 7:26pm On Feb 14, 2023
Can you tell your uncle to keep quiet?

MiaBeer:

Be quiet. They’re doing it for a reason. You probably don’t have old notes in your possession.
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Dybala11(m): 7:31pm On Feb 14, 2023
shakol91:
Nice initiative.. I'm for anything to curb vote buying. The damage vote buying is doing is more than the challenges we are facing right now.

Lastly, CBN should make this policy stressfree and also uphold the policy of reducing supply of higher denominations
And you think CBN truly brought this policy to curb vote buying?? What if the scarcity continues after the election?? 😂😂

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Hussein035: 7:33pm On Feb 14, 2023
shakol91:
Nice initiative.. I'm for anything to curb vote buying. The damage vote buying is doing is more than the challenges we are facing right now.

Lastly, CBN should make this policy stressfree and also uphold the policy of reducing supply of higher denominations

Hope you will still like this policy once Jagaban becomes our president?
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Godmann(m): 7:34pm On Feb 14, 2023
priceactionx:
I pity this guy. He should pray tinubu should not win (but sorry to say, as the looks now, he is the most favored among the contestants based on what is on ground) if not, his jail will be longer than kanu own especially if he is found guilty of working with bad elements in apc government.
The day he got apc nomination form and wanted to contest, i know many things is cooking up in this administration. Only few days from now will clearify his adrenaline rush that is making him to be abnormal.
People in Nigeria supporting this wrong timing think they are smart, but are seriously suffering to collect their remaining 2k from the bank with no hope, loosing business deals in empty stomachs because of failed transactions and network should be more worried.
And you think politicians wont be able to still buy votes? Una never chichomchin.
When the hunger hit yur head well during the election, you too will join them to sell your votes when you see new notes flying around and security agents looks away.
For naija wey i know, vote buying with the new currency will flow well. Thats just sad situations that likely happen.

Mumu talk

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by MiaBeer(m): 7:37pm On Feb 14, 2023
madridguy:
Can you tell your uncle to keep quiet?

Yes I can, if my uncle is an urchin or clueless like you. Fortunately, I don’t have such an uncle. Gerriitt?

2 Likes

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by 36STATES: 7:40pm On Feb 14, 2023
Tinubu should be held accountable for this mess.
He deceived people into believing that the Naira policy from CBN was going to be dropped.
But Tinubu's main reason is because of his 20 containers loaded with 1000 Naira notes for vote buying in the north mainly.

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by TayehJiboluwa(m): 7:44pm On Feb 14, 2023
This is not a policy, it is insanity
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by kaylardz(m): 7:45pm On Feb 14, 2023
DeusXmachina:

CBN is an independent body.
Supreme Court has no power over them.
Do you mean CBN is above the law?
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Putinofrussia: 7:46pm On Feb 14, 2023
nlfpmod:
GUIDELINES TO DEPOSIT OLD NGN1000, NGN500 AND NGN200 NOTES AT THE CBN

• Please note that this is a Cash Deposit Program not a Cash Swap Program.

You will not be issued new notes In exchange for old notes, instead your bank account will be credited after your account is validated by law enforcement.

This process may take up to 4 weeks.

• If the validation of account turns out negative, the Bank will return the deposited notes

• Third party deposits are not allowed, The account information provided must be that of the depositor.

• Members of the public are required to complete an online application form and generate a reference number before coming to the CON.

Where a customer did not pre-fill their form, he/she will be given the opportunity to fill the form at the Branch.

• The Cash Deposit Window Is open to the public from February 15 — 17, 2023 between 9am to 2pm daily.

REQUIREMENTS

1. Reference cede generated from completed online application form fill on CBN Portal.

2 An active Deposit money Bank account e.g. Access, Zenith, GT, Keystone Banks.

3. A bank Verification Number (BVN)

4. A valid Federal Government issued identity card (NIN, Driver's License, Voters Card, International Passport).


Previous thread https://www.nairaland.com/7568338/old-naira-notes-no-longer
If true,Emefiele alias Emefailure is DOA.
He is on OYO mode.


He cant stop us spending either our new or old notes because the S/Court is bigger than him.
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Realrealfact: 7:46pm On Feb 14, 2023
Hmmm

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by faceland: 7:49pm On Feb 14, 2023
olusolaalisha:
The only CBN branch I know in Lagos is in broad street, so u are expecting people from egbeda, ikotun, epe to come and deposit in island.

I will just dye the money blue. just 2k

Trust me, it wont work because their is little red on the money and the date id 2022...
Best you give someone that is going to exchange. POS cn collected it, find a God-fearing agent.

Dyed 1k note looks different and in bank, they go damage am.
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Putinofrussia: 7:49pm On Feb 14, 2023
priceactionx:
I pity this guy. He should pray tinubu should not win (but sorry to say, as the looks now, he is the most favored among the contestants based on what is on ground) if not, his jail will be longer than kanu own especially if he is found guilty of working with bad elements in apc government.
The day he got apc nomination form and wanted to contest, i know many things is cooking up in this administration. Only few days from now will clearify his adrenaline rush that is making him to be abnormal.
People in Nigeria supporting this wrong timing think they are smart, but are seriously suffering to collect their remaining 2k from the bank with no hope, loosing business deals in empty stomachs because of failed transactions and network should be more worried.
And you think politicians wont be able to still buy votes? Una never chichomchin.
When the hunger hit yur head well during the election, you too will join them to sell your votes when you see new notes flying around and security agents looks away.
For naija wey i know, vote buying with the new currency will flow well. Thats just sad situations that likely happen.
The mumu is creating a smooth pathway to cheap vote buying.
2k will buy votes now because of the scarcity of cash.Oh my!

1 Like

Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Teenaira: 7:53pm On Feb 14, 2023
Elder4sure:
This people wan kill tinubu true true

Are you sure it is Tinubu they want to kill or the masses in the southern part of Nigeria including south east ?
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Putinofrussia: 7:54pm On Feb 14, 2023
36STATES:
Tinubu should be held accountable for this mess.
He deceived people into believing that the Naira policy from CBN was going to be dropped.
But Tinubu's main reason is because of his 20 containers loaded with 1000 Naira notes for vote buying in the north mainly.
People know that it is only Tinubu that is on their sides and the reason they can still spend their old money in peace.
Atiku is an enemy of the masses and he will fail.
Obi is also an enemy of the masses and he will also fail too.
No Nigerian wants sadists as president.
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by bdon123(m): 7:56pm On Feb 14, 2023
olusolaalisha:
The only CBN branch I know in Lagos is in broad street, so u are expecting people from egbeda, ikotun, epe to come and deposit in island.

I will just dye the money blue. just 2k
Again my question,wit All presently going on,how come u hav plenty old notes in cash?
Become me I Don dey find even d old notes for pos to withdraw n ano see
Re: How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN by Teenaira: 7:58pm On Feb 14, 2023
Lifeless2018:



Yes. But you were given over 4 months to change it vide your account. Your stubbornness is not good as we try to checkmate Baba bulaba

You are trying to checkmate Baba bulaba so as to achieve your personal ambition and your actions is killing innocent Nigeria. Continue you will reap the results in multiple fold.

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