Recall that Central Bank of Nigeria announced the redesign of naira notes on Wednesday, stating that the new notes will come into circulation on December 15.
As a result, UBA has encouraged its customers to deposit the current naira notes to the bank before it becomes banned in January 2023.
“On 26th October 2022, CBN announced the introduction of new Naira notes, which will come into circulation on December 15th, 2022, whilst existing Naira notes will remain legal tender until January 2023,” the circular read.
Instructing customers, UBA said, “start depositing your existing naira notes into a UBA branch closest to you.
“Don’t panic, we are adjusting our branch opening hours for your convenience. We will open Saturday (Cash deposit only) from 10 am to 2 pm.
“Zero charges will apply for all cash deposits. Have your debit card handy for payments on POS terminals.”
“If you do not have a digital channel, please download the New UBA Mobile app from your App Store or access one of our other channels – Leo, Internet Banking, *919 for your transactions.
“Remember, present notes can still be used for the purchase of goods and services until the cut-off date in January.”
BY IYABO AINA
Publisher Of News Rain Nigeria
Lagos State Government is set to reintroduce the suspended monthly environmental sanitation to promote a…
The Kano State Government has declared Monday, June 2, 2025, as a public holiday to…
Governor Umo Eno of Akwa Ibom State has declared that his family is intact despite…
Black Market Dollar To Naira Exchange Rate Today, 1st June 2025, Can Be Accessed Below.…
…we’ve capacity to meet ECOWAS’s petroleum needs – Dangote The President of the ECOWAS Commission,…
Open Heavens Daily Devotional For Today, 1st June 2025, Can Be Accessed Below. Open Heaven is…
This website uses cookies.