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Link to Deposit Old ₦‎1000, ₦‎500 & ₦‎200 Notes at the CBN

by myeduproject February 14, 2023
written by myeduproject February 14, 2023
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Link to Deposit Old ₦‎1000, ₦‎500 & ₦‎200 Notes at the CBN

Link to Deposit Old ₦‎1000, ₦‎500 & ₦‎200 Notes at the CBN: If you missed the CBN deadline for depositing your old notes, there is another grace period for you to deposit your old naira notes, this time, you have just 7 days to do so, less you lose your money

CBN has given guidelines to deposit old N1000, N500, and N200 notes, and this grace period will last for only 7 days, thereafter, the old notes cease to become a legal tender

This program is not a cash swap program but a Cash Deposit Program. Meaning the money will be credited into your account directly by CBN

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.

Guidelines To Deposit Old Ngn1000, Ngn500 And Ngn200 Notes

This process may take up to 4 weeks.

• If the validation of the 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 9 am to 2 pm daily.

Requirements

1. Reference cede generated from completed online application form filled 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, Voter \ Card, International Passport).

Link to Deposit Old ₦‎1000, ₦‎500 & ₦‎200 Notes at the CBN

Visit the CBN official web portal and complete the form therein

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