The Central Bank of Nigeria (CBN) has released a new directive on the nation’s currency and how none, no matter their condition should be rejected by commercial banks. The apex bank on Friday, July 5 via its Twitter account, asked customers to report any bank which refuses to collect torn notes from them.
CBN went ahead to show how serious they are with the new directive and added a contact line that customers could call whenever the situation happens.
The central bank tweeted:
Recall that Legit.ng earlier reported that CBN recognised the fact that a large portion of the N7.9 trillion pieces of naira notes in circulation are dirty, mutilated, unfit for Automated Teller Machines (ATTM) and will be withdrawn.