Access Bank provides alternative channels for cash deposits: New naira notes

Currency in circulation hits new high, nears N3trn mark

In response to the Central Bank of Nigeria (CBN) announcement to redesign and issue new naira notes from December 15, 2022, Access Bank, has urged its customers to make use of its alternative channels to deposit their existing Naira notes to beat the rush pending the circulation of new ones on December 15, 2022.

The bank had in a recent message, titled; Update on New Naira Notes, said, “Dear valued customer, This is to inform you that the CBN will issue a new series of Naira notes beginning December 15, 2022. Beat the rush, visit an access bank location now to deposit your cash. Thank you for banking with us”.

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As a follow-up to the message, the bank, on Thursday, stated that its bank branches will be open for longer hours during the week for customers’ convenience, adding that it will also be open on Saturdays from 10 am – 2 pm to receive cash deposits.

“With the current number of our Access Close Agents at over 160,000 spread across the 774 Local Government Areas in the country, you can easily deposit your existing naira notes through an agent near you in your location to avoid the risk of transporting cash to a far distance to locate a branch.

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Whether you choose to deposit your existing Naira notes through a branch, an ATM, or a point-of-sale machine (POS), you can rest assured that your money is safe with us and that you can always rely on our speed, service, and security”, it said.

The statement further added, “During this period of receiving your existing Naira notes, all cash deposit transactions will be free. You will not be charged for cash deposits. You can also pick up your debit cards for emergency payments on POS terminals and ATM withdrawals.

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We urge all our esteemed customers to prevent the rush and hurry to deposit their Naira notes before the deadline of January 31, 2023, when the current Naira notes will cease to be legal tender.”


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