Penalties for Rejection of Over-Circulated/Mutilated Banknotes by Deposit Money Banks

Central Bank of Nigeria Circular
Summary

Imposes penalties on banks that refuse to accept legal-tender banknotes in circulated or mutilated condition.

Applicability

Deposit money banks.

Open Source Document ↗
Document Details
Date Issued
03 Jul 2024
Date Effective
03 Jul 2024
Compliance Deadline
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