The Rejection of Old/Lower Denomination of United States Dollar by DMBs/Forex Dealers

Central Bank of Nigeria Circular
Summary

Directs deposit money banks and forex dealers not to reject older or lower-denomination US dollar banknotes, later reinforced in 2024 (cb-b5-05).

Applicability

Deposit money banks and licensed forex dealers.

Open Source Document ↗
Document Details
Date Issued
20 Apr 2021
Date Effective
20 Apr 2021
Compliance Deadline
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