Investigations have revealed that Deposit Money Banks (DMBs) have started receiving old N500 and N1000 notes again.
Vanguard investigations have indicated that the banks have been receiving the old N500 and N1000 notes since the beginning of this week.
A bank official told Vanguard, in Abuja, yesterday, that customers could deposit any amount below N500,000.
She said that customers could make a deposit once, after downloading the appropriate form from the CBN Portal from where a code would be allocated for the deposit.
It was learnt that holders of the affected old notes could deposit them in their bank account until April 10.
A top CBN official confirmed the new development and explained that it was informed by the fact that the apex bank did not want holders of old N500 and N1000 notes to lose their money.
Recall that there was confusion, two weeks ago, on the fate of members of the public who had the affected notes in their possession.
SOURCE: Vanguard
