Guidelines to deposit old N200, N500, N1,000 notes at CBN branches

GUIDELINES TO DEPOSIT OLD NGN1000, NGN500 AND NGN200 NOTES AT THE CBN

• Please note that this is a Cash Deposit Program, not a Cash Swap Program. 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. This process may take up to 4 weeks.

• If the account validation 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 CBN. 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 fill 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, Voters Card, International Passport).