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How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank - Business (4) - 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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Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by dele1727: 5:30pm On Feb 17, 2023
bishopkay:

Make anybody try go burn bank na... They'll shoot you and nothing will happen oh. The 3 guys that died at Benin yesterday, they've gone and nothing will happen. They went to attack the CBN.


Ok use your head....don't let hate consume you. ...

CBN has seen that the cannot handle the people
The cbn platform was not going
They do not have the number of staff to take care of those coming...
Now that they have sent people to thebanks without extending date to deposit...How many banks is open now?

The CBN are just reacting to issues...they did not plan it...

So any body supporting their moves is either evil or is a plain idiot

2 Likes

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by GAZZUZZ(m): 5:36pm On Feb 17, 2023
histemple:


They both require the same process. To place a lien on a specific amount of money, you must state why the funds is suspicious.

And you must explain to the account holder why you are withholding his/her funds.

or not.

When the ordinary man makes a transfer and it takes 72hrs before reaching destination nothing happens wink
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by BluntCrazeMan: 5:37pm On Feb 17, 2023
AbrahamOfor:

Do they credit you immediately after the deposit sir?
There was a circulation that you will be credited after about 4weeks
It was done immediately.
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by XAUBulls: 5:38pm On Feb 17, 2023
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.





Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by one4GOD(f): 5:38pm On Feb 17, 2023
FreeStuffsNG:


How many villagers can do this? This is exactly what Dr Idika Kalu said . Those guys in AC offices in CBN are ignorant and live on another planet.

Let everyone please calm down and protest peacefully.

The directive from the President is an illegal directive that disobeys lawful court order.

Election holds in 8 days. You should all come out en masse to vote for Asiwaju. Only Asiwaju can stop them from turning your old notes into tissue paper.

Once Asiwaju wins, old notes will remain till December 2023 and Emefiele will be fired for monumental gross incompetence.
Every one should remain calm please.
check my signature for free stuffs!
villagers dont have N500,000 so let's stop this excuse and do the needful
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by HeadNigga: 5:40pm On Feb 17, 2023
Sonnobax15:
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.
you dey drive passengers dey post comment. Abi agbero dey load your Keke, or you dey line dey wait for your turn
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by BluntCrazeMan: 5:41pm On Feb 17, 2023
Triplerg:
What are the procedures inside the bank? Did you fill any form before depositing the money?
They produced a register that we filled.
Inside the Register, we filled our BVN,
Acct-Name,
Acct-Number,
phone number,
email,
Address,
N1000-Amount,
and N500-amount.


They warned us that each BVN is only opportuned to do this JUST ONCE.

1 Like

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by loswhite(m): 5:43pm On Feb 17, 2023
ThierryJay:
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.
Those banks will go and look for a way to fill it...lol
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by histemple: 5:43pm On Feb 17, 2023
GAZZUZZ:


or not.

When the ordinary man makes a transfer and it takes 72hrs before reaching destination nothing happens wink

Well, I don't understand what you mean by "ordinary man", particularly in this context, but that is an issue for another day.

Back to the topic. You are talking about service failure. It's a different thing entirely if a transaction you commanded is hanging as a result of system glitch. It's not the same as a bank intentionally withholding your funds thereby denying you access to same when you aren't owing them or has committed any crime.
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by loswhite(m): 5:44pm On Feb 17, 2023
SecretSpy666:
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
If you had deposited before the deadline you won't have this issue so please stop complaining and do the needful
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by loswhite(m): 5:46pm On Feb 17, 2023
one4GOD:
villagers dont have N500,000 so let's stop this excuse and do the needful
Lol suddenly they assume the villagers are the wealthy ones...lol.
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by loswhite(m): 5:48pm On Feb 17, 2023
BluntCrazeMan:
They produced a register that we filled.
Inside the Register, we filled our BVN,
Acct-Name,
Acct-Number,
phone number,
email,
Address,
N1000-Amount,
and N500-amount.


They warned us that each BVN is only opportuned to do this JUST ONCE.
it is better to do through portal so make you no find missing register
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by willexyaho(m): 5:51pm On Feb 17, 2023
GAZZUZZ:
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


I don't think Vote buying is by online banking/fund internet transfer.
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by michigang: 5:53pm On Feb 17, 2023
sissoko89:
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
connect me to one gal make i ease off stress
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Triplerg: 5:58pm On Feb 17, 2023
BluntCrazeMan:
They produced a register that we filled.
Inside the Register, we filled our BVN,
Acct-Name,
Acct-Number,
phone number,
email,
Address,
N1000-Amount,
and N500-amount.


They warned us that each BVN is only opportuned to do this JUST ONCE.
Thanks for the info
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by bishopkay: 5:58pm On Feb 17, 2023
dele1727:



Ok use your head....don't let hate consume you. ...

CBN has seen that the cannot handle the people
The cbn platform was not going
They do not have the number of staff to take care of those coming...
Now that they have sent people to thebanks without extending date to deposit...How many banks is open now?

The CBN are just reacting to issues...they did not plan it...

So any body supporting their moves is either evil or is a plain idiot
I don't know the hate you're talking about but I've simply given you an advice. They'll shoot you and nothing will happen.
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by LogoDWhiz(m): 6:05pm On Feb 17, 2023
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.






@mynd_44 this should be taken down off front page
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by MonthlySalary: 6:05pm On Feb 17, 2023
grandstar:


What nonsense CBN guidelines? The CBN isn't even following the CBN Act of 2007.

Filling forms is probably too bureaucratic, especially with angry customers breathing down their necks, ready to burn the bank down.

there are actually no rules in nigeria.
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by GAZZUZZ(m): 6:10pm On Feb 17, 2023
LogoDWhiz:


@mynd_44 this should be taken down off front page



https://www.nairaland.com/7573679/first-bank-deletes-tweet-asking

Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Almiron: 6:13pm On Feb 17, 2023
Make dem delete all this fake news thread asap
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by luluosas(m): 6:15pm On Feb 17, 2023
Good job
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Truth07: 6:41pm On Feb 17, 2023
cheesy
Period007:
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
grin
Period007:
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
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by ThierryJay: 6:55pm On Feb 17, 2023
Ishilove:

My banker told me not to bother with any yeye CBN protocol. I should just come and deposit without hassles

grin grin This is confusing to be honest. Will your bank credit you immediately or wait for CBN to validate the deposit make your money no go enter jonzing.
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by AllDModsAreMaad: 7:21pm On Feb 17, 2023
owunabastard:
Not fake news, visit cbn portal, any amount less than 500k, you are advised to visit your specified deposit money bank

Mr man it is fake news with respect to the country as a whole, I'm not referring to any state branch of cbn etc
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by dalass(f): 9:28pm On Feb 17, 2023
IslamIsIdiotic:
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?🤣

And CONFUSION grin
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Revolva(m): 9:58pm On Feb 17, 2023
Bhastahd country

Emefiele Buhari Osinbajo tinubu atiku all.of dem na thunder go strike dem
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Dabss(m): 6:18am On Feb 18, 2023
GAZZUZZ:


You can freeze a transaction and leave the acct alone
you don't need any court order to PND an account. Banks do it all the time.
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Emmanuel909090: 1:24pm On Feb 18, 2023
Ahhh, we are now on a course on how to deposit our money, ahhh bubu
Re: How To Deposit Old 500 and 1,000 Naira Notes Into Your Bank by Delight2014(m): 12:12pm On Feb 20, 2023
Pls is CBN still collecting the old naira notes? Any idea from the house

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