How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank

CBN Issues Fresh Directive on Old and New Naira Notes

The Central Bank of Nigeria (CBN) opened the window for citizens to deposit the old naira notes at CBN offices around the country, but many citizens and business owners are not aware of the process involved.

PulseNets understands that there are procedures that must be followed in order to deposit old naira notes at the bank.

Below are the steps involved;

1. Visit CBN website https://www.cbn.gov.ng/

2. Click on link to to generate receipt
https://crs.cbn.gov.ng/

3. Get started https://crs.cbn.gov.ng/get-started

Select new depositor , or if you have been
through the process before, track the
movement of your deposited funds

4. Fill out the relevant information and click on
generate reference number.

https://crs.cbn.gov.ng/get-started/new

5. Print out the generated Reference to and take
to selected banks that accepts deposits not
exceeding ₦500,000

Note: No Third Party Deposit.

Also Read: New Naira: Falana criticizes CBN for disobeying a Supreme Court order

The end.

 

 

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