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Nairaland Forum / Nairaland / General / Business / Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks (20637 Views)
We Did Not Authorise Commercial Banks To Collect Old ₦500, ₦1000 Notes - CBN / New Naira Notes: CEOs Of Commercial Banks Back Extension Of Deadline / Businesses In Nigeria Must Accept E-naira Payment, CBN Warns (2) (3) (4)
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Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Bigchristo: 8:08pm On Jan 10, 2023 |
TooMuchSense1:This your warning is the best of its kind to issued to Nigerians most especially those who are brainwashed with religious and political sentiments |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by aylipple: 8:11pm On Jan 10, 2023 |
[s]My gut feeling is there's not enough of the new currencies minted or even in circulation. Some of the major reasons cited by CBN for introducing the new currency include strengthening cashless policy & reducing the volume of cash outside bank vaults; if that were the case indeed, what that would mean is[/s] I stopped making sense On a serious note however, the CBN can't play the ostrich here; many banks have not received these new notes & where they're available in the MDBs, only very very very few was released by the apex bank. lsoul: |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Elidrisy20: 8:13pm On Jan 10, 2023 |
Confused govt |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by rummmy: 8:22pm On Jan 10, 2023 |
How can illiterates invite a financial expert to come and explain the modalities of a money policy..? What do they know about economics. |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Benwallt(m): 8:23pm On Jan 10, 2023 |
TooMuchSense1: Vote Tinubu for president 1 Like |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by bigdammyj: 8:24pm On Jan 10, 2023 |
lsoul: If you go to Ojota or @ parties in Lagos you'll understand better. 1 Like |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by XOGBADO(m): 8:30pm On Jan 10, 2023 |
OBUKOMENA:You can keep the old one if you wish 1 Like |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Light78: 8:38pm On Jan 10, 2023 |
lsoul: You talk like you are not in Nigeria. They are being exchanged for politicians. Banks will collect their percentage. Someone starched about 180m old notes, goes to the bank and bargain That's what is playing out. CBN is now warning banks. 5 Likes |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by MarketDispatch: 8:41pm On Jan 10, 2023 |
UDOKABESTLUV: CBN should request Nigerians to report any ATM dispensing old notes. The Banks in question too should start paying fines. |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by BennyDGreat: 8:42pm On Jan 10, 2023 |
Light78: This is valid but beyond this, the money released can't be enough |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Naijatalkies(m): 8:45pm On Jan 10, 2023 |
Shout out to firstbank and polaris bank at dugbe (ibadan) their atm have been dispensing the new Naira notes 1 Like |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Positiveme2020: 8:46pm On Jan 10, 2023 |
lsoul: Then the commercial banks should come out and debunk the statement. Let's know who is not doing there job properly. 1 Like |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by doneback04: 8:50pm On Jan 10, 2023 |
This country is not serious as of this morning I still withdrawal old note, |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by BigDawsNet: 8:52pm On Jan 10, 2023 |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by BigDawsNet: 8:52pm On Jan 10, 2023 |
FERNANDEZISBACK: His my mentor |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by nauto: 8:55pm On Jan 10, 2023 |
Banks like 2 hold clean notes and sell them to the highest bidder. Some just started to release the clean 500 and 1000 notes of the old currency that they have been holding. 2 Likes |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Unclesamo(m): 8:55pm On Jan 10, 2023 |
lsoul: They know what they released to banks, that's why it's coming with a penalty. Banks are definitely running some exchanges backdoor. 2 Likes |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by yusluvad(m): 8:56pm On Jan 10, 2023 |
Way to go. Else the old notes will still be going round... |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by musazulyadain: 9:08pm On Jan 10, 2023 |
Until now I'm yet to get the new notes |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Komu1048(m): 9:20pm On Jan 10, 2023 |
UDOKABESTLUV: CBN n Polithiefians dribbling poor male Nigerians Upandan. Whatever ways Clitocurrency is still valid n it’s transaction is top notch |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by jaxxy(m): 9:20pm On Jan 10, 2023 |
lsoul: They are not trying to replace the old notes they are trying to bring them back to the system and release of few new notes into the system and the rest will be electronic. The aim is not to flood everywhere with new notes like the old one. That will defeat the purpose. Only limited amount of new notes will be in circulation. |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by jowhyte(m): 9:22pm On Jan 10, 2023 |
Well said! How can people think CBN don’t have enough cash (new note) that will go around when the policy fully take effect? Just as many of these corrupt politicians have been sponsoring smear campaigns to discredit the CBN that the new notes are fake like this is the first time CBN is being involved with new note minting. I think feedbacks shows that the ones they have distributed so far are finding its way to the hands of corrupt politicians via the aid of corrupt bank mangers and CEOs. The reason the CBN is now mandating the distribution and circulation of the new notes via ATM. Light78: 2 Likes |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by 7arrows: 9:27pm On Jan 10, 2023 |
UDOKABESTLUV: All.of them are the same. CBN and other banks. They r very foolish and lack sense. They think we are fools. |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by olisefom: 9:28pm On Jan 10, 2023 |
So they should print it nah |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Indispensable85(m): 9:28pm On Jan 10, 2023 |
Warn them please |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Nobody: 9:29pm On Jan 10, 2023 |
Gbadespet:u dey mind Nigerians? The money is very okay, and has so many visible features dat will aid detect original from fake. 1 Like |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by everythinggirly(f): 9:30pm On Jan 10, 2023 |
But why N100 no follow? |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by 7arrows: 9:31pm On Jan 10, 2023 |
oz4real83: The corn tree is a shithole. |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by 7arrows: 9:31pm On Jan 10, 2023 |
Olaolex: The truth is you dont give what you dont have. |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by jojothaiv(m): 9:33pm On Jan 10, 2023 |
gbengaeed:Sad reality. 1 Like |
Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by SodiumValproate: 9:41pm On Jan 10, 2023 |
Pwettylinda: fman come and see the lady with nyash Edit: oooooh! I forgot to add the panty line ....brb
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Re: Stop Putting Old Notes In ATMs Or Face Penalty – CBN Warns Commercial Banks by Melagros(m): 10:03pm On Jan 10, 2023 |
gbengaeed:Truly, you said something 2 Likes |
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