CBN told me banks can dispense old notes—Gov Soludo

CBN told me banks can dispense old notes—Gov Soludo

Promise Eze

The Governor of Anambra State, Chukwuma Soludo, has claimed that the CBN governor, Godwin Emefiele, confirmed to him that commercial banks could dispense and accept old notes from customers.

Making the announcement on his Facebook page on Monday, Soludo urged the state residents to transact with the old naira notes and report banks that refuse to accept the notes.

He wrote, “Commercial banks have been directed by the Central Bank to dispense old currency notes and to also receive the same as deposits from customers. Tellers at commercial banks are to generate the codes for deposits and there is no limit to the number of times an individual or company can make deposits.

“The Governor of the CBN gave the directive at a Bankers’ Committee meeting held on Sunday, 12th March 2023. The Governor, Dr Godwin Emefiele, personally confirmed the above to me during a phone conversation on Sunday night.

“Residents should report any bank that refuses to accept deposits of the old notes. The Anambra State Government will not only report such a bank to the CBN but will also immediately shut down the defaulting branch.”


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