The National Bank of Nigeria has requested banks to begin gathering the old N500 and N1,000 notes from general society with quick impact.
It, in any case, fixed the most extreme sum the banks can gather at N500,000.
The CBN kept up with that the old monetary forms were not any more lawful delicate.
A source from the bank said the CBN requested the banks to gather the monies as opposed to going to the CBN office following troubles experienced in gaining admittance to the bank.
A CBN official expressed, “Go to your bank yet finish up the structure before you go. Go with the reference code you produce. With your code, banks will gather it from you. Yet, assuming that it is more than 500,000, you will go to the CBN and store it.”
Prior, the CBN opened a gateway on its site and made it obligatory for those ready to return old notes to fill and produce a code.
On Thursday, the CBN Lead representative, Godwin Emefiele, requested the banks to make the old N200 notes accessible to Nigerians.
This was after the President, Significant General Muhammadu Buhari (retd.), said the old N200 note would be legitimate delicate till April 10, 2023, while asking Nigerians to store their old N500 and 1000 notes with the CBN.
Notwithstanding, fights which had been shaking various states over the shortage of the new naira notes made the CBN request banks to gather higher divisions in the wake of meeting with banks’ chiefs.