CBN To Sanction Banks Dispensing Old Naira Notes In Cross River News
She added that the CBN would henceforth not take it lightly with any of the commercial banks that dispenses old Naira notes to its customers via Automated Teller Machine .Agent Network Expansion Facilities SANEF agent, to deposit your old N200, N500 and N1,000 banknotes.“We are here to sensitise the people about the redesigned Naira notes and its acceptance. Let them know that as at January 31, 2023, old notes will cease to be legal tender.
We have given them new notes,” she maintained.The CBN Branch Controller added, “You can still collect the old notes from over the counter and use. But before January 31, take it back to the banks, by then, they must have received enough. We have given them new notes.”Iniunam further warned that it has become a sanctionable offense for any bank ATM to dispense old Naira notes given the fact that banks have been given enough new Naira notes to dispense to thier customers.
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