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

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CBN Offical Tells Nigerians To Deposit Old Notes In Their Banks (Video) / Video Of Nigerians Arriving CBN Office With Sacks Of Old ₦‎500 And ₦‎1,000 Notes / How To Deposit Old ₦‎1000, ₦‎500 And ₦‎200 Notes At The CBN (2) (3) (4)

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How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by GAZZUZZ(m): 4:23pm On Feb 17, 2023


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


The end.





15 Likes 9 Shares

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by GAZZUZZ(m): 4:23pm On Feb 17, 2023
My personal opinion, if the aim of this is to mop up cash ment for voter buying, funds should be frozen till after elections.

Modified

Freeze transaction not the acct.

Update from CBN Gov

Confusion in the land

https://twitter.com/Numerophobe/status/1626619011621347328?t=JjyUM9YU0TeFhpbBPrI0GA&s=19

16 Likes

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by html14java(f): 4:41pm On Feb 17, 2023
Banks take directive from CBN.

If you like dey wait for Supreme Court and your governor with his selfish political interest, you'll open a museum lass lass to dey alright.

124 Likes 12 Shares

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by IslamIsIdiotic: 4:41pm On Feb 17, 2023
Isn't it funny that the very same people who loudly and
vigorously enabled the legendary Buhari stiff-
necked style of policy formulation and execution
over the past 8 years are now the same people crying
over the results of their own hard work?🤣
I used to think that the "C" in APC stood for either criminal or clueless, but maybe it actually stands for comedy?🤣

50 Likes 4 Shares

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by lessonotes(f): 4:42pm On Feb 17, 2023
Great.

Note, this isn't a win for either Buhari, Obidients or Tinubu, but a win for normalcy and the average Nigerian. A great scheme of this magnitude shouldn't be done in a shoddy and haphazard manner.

I still love you Jesus Christ, as the only Way, Truth and the Life.

38 Likes 5 Shares

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Blizzy9ja: 4:42pm On Feb 17, 2023
We know
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by ThierryJay: 4:42pm On Feb 17, 2023
There are reports of some banks collecting the old 500/1000 notes today without customers filling any CBN online form. Wont this defeat the purpose of the procedure laid down by CBN? Implementation has always been the issue with Nigerian initiatives.

10 Likes 1 Share

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by DriverX: 4:42pm On Feb 17, 2023
Jungle don mature in the agbadorian enclaves

13 Likes 2 Shares

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by johnson4nosa(m): 4:42pm On Feb 17, 2023
Confused nation

1 Like

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by seunlayi(m): 4:42pm On Feb 17, 2023
Nice
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Deicide: 4:43pm On Feb 17, 2023
That their useless website

3 Likes

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by inoki247: 4:43pm On Feb 17, 2023
Lol confused country make CBN and FG stay one place and stop confusing Thunder....

18 Likes 1 Share

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by DMerciful(m): 4:43pm On Feb 17, 2023
The protests are mostly in APC states meaning they're sponsored by Yekini Amoda Ogunlere(Lamidi Amoda Sangodele aka BAT) to blackmail the fg

6 Likes

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Eriokanmi: 4:43pm On Feb 17, 2023
They must get our corrupt leaders grin. I love this process. Instead of urchins to follow the process, they'd be listening to the dictates of their political godfathers who would order them to be protesting all over and be burning down banks and private properties

11 Likes

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by ogub(m): 4:43pm On Feb 17, 2023
I've been trying to fill it , it showing me errors.

1 Like

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Period007(m): 4:43pm On Feb 17, 2023
Remember, if you deposit today you cant deposit tomorrow so better take all your old notes to the bank ASAP.

Na only Emiefele know when you will receive alert

18 Likes 1 Share

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by jaxxy(m): 4:43pm On Feb 17, 2023
Thank you for explaining to illiterate urchins.

15 Likes

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by updatechange(m): 4:43pm On Feb 17, 2023
Issorite
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by SecretSpy666: 4:43pm On Feb 17, 2023
CBN says crediting your account will take up to 4 weeks. That's really bad.


The cbn website is also congested. I hope it will not collapse because of traffic. It's not easy to register

8 Likes 1 Share

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by lazynairalander1: 4:43pm On Feb 17, 2023
Wow
CBN and FG trying all it possible best to help 🇳🇬ns scale through this hard economic hurdle.

Delegating the deposit to other banks has made it even more easy. Now other traders can trade and deposit it ASAP.
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by SocialJustice: 4:43pm On Feb 17, 2023
Fake news. CBN is not my bank.

1 Like 2 Shares

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by sissoko89: 4:43pm On Feb 17, 2023
One aboki way I wan buy tiger nut from see old #500 note for my hand nah from a far em shout I nor za kwaliet old😂🤣

36 Likes

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Sonnobax15(m): 4:43pm On Feb 17, 2023
cheesy
Omoh,see long process cheesy

See as the form just remind me of jamb form that year cheesy. Chaiii, cheesy. The truth is that I'm not going to continue collecting the old #500 and 1k Notes from passengers any more...If you no get #200 note down,fly out of my keke undecided.

5 Likes

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by tegaville(m): 4:43pm On Feb 17, 2023
It is working..
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by tammie24: 4:43pm On Feb 17, 2023
After all these buhaha, buhari will handover power to a new president and all these useless policies will be reversed
Not worried most northern governors have resisted

7 Likes 1 Share

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by AkioluGraceObi(f): 4:43pm On Feb 17, 2023
ok

1 Like 1 Share

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by ufine200(m): 4:43pm On Feb 17, 2023
Nothing like visiting CBN portal again
If u have less than 500k walk in to any bank and fill a form inside the bank
Please don't visit any site
For money above 500k visit any CBN office in your state

15 Likes

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by tolue42(m): 4:44pm On Feb 17, 2023
Guys don't rush yourself, by next week Saturday you may not need to deposit your old currency again...Someone may need to seek asylum in a foreign land...

Jagaban to the world. That man too get brain...

10 Likes 3 Shares

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by dele1727: 4:44pm On Feb 17, 2023
grin cheesy cheesy

CBN fear been burnt
Prefer the banks to get burnt

5 Likes 2 Shares

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by computer0810(m): 4:44pm On Feb 17, 2023
We now have 2 president in Nigeria.......tinubu too sabi abeg😂😂😂


Headache to d obiDENSE

6 Likes

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Ventura1: 4:44pm On Feb 17, 2023
Okay, what are the thought of commercial bank's CEO? I've not heard anything from them or were they been cowed by Emefiele.

The policy is a good one, but the intention of those carrying it out is ruining everything.

1 Like 1 Share

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by BluntCrazeMan: 4:44pm On Feb 17, 2023
BluntCrazeMan:



I went to the CBN Office.
Meeehhnn..!!
The crowd was humongous..


They told us to go back to our various banks
(For those that are paying BELOW a total sum of N500,000)
So, we all went back to our various banks.
And the crowds began building-up again inside the banks..

(I actually had more than N500,000 with me though, but I had to split the money with a friend of mine, who later transfered the money back to me)


Meeehhnn.!!!
I saw shegge today




👇🏼👇🏼👇🏻👇🏻
Meanwhile,
This process you described, it worked well Yesterday.
But the portal stopped working throughout today.
THE PORTAL BECAME HEAVILY OVERLOADED TODAY.

They had to tell us to go back to our various banks and do manual registration, without having to generate any codes through the CBN portal.


GAZZUZZ:


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


The end.





6 Likes

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