CBN says deadline for return of mutilated notes not applicable to bank customers
) on Saturday said the general public would continue to return mutilated banknotes to their banks after the September 2 deadline.
Mr Okoroafor said that people had been misinterpreting the story to say that the banks would stop the collection of mutilated notes after September 2.“The general public should continue to return mutilated banknotes to their banks after the deadline. Mr Okoroafor said that “we opened a window from June to September so that when they bring the notes without sorting, we can sort it for them free.“The deposit by customers and acceptance by commercial banks of mutilated notes is a normal and continuous banking practice and as such continues even after September 2.“Anyone whose qualifying mutilated note is rejected by any bank should report such a bank to CBN by calling 07002255226 between 9am and 4pm daily,” he said.
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