Access Bank announces alternative channels for cash deposits

Nigeria’s leading financial institution, Access Bank has announced alternative channels to deposit Naira notes. The bank urged its customers to make use of the channels.

This is in response to the Central Bank of Nigeria (CBN) decision to redesign and issue new Naira notes from December 15, 2022.

Access Bank in a statement advised customers not to panic as the bank is closer than they think.

For those who don’t know, Access Bank has more than 600 branches, 160,000 CLOSA agents, 500 BETA agents in over 180 major markets in Nigeria, as well as ATMs to receive cash.

Meanwhile, customers can deposit their existing Naira notes with ease using any of the channels closest to them.

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The bank in a notice said; “Our branches will be open for longer hours during the week for your convenience, and they will also be open on Saturdays from 10 a.m. – 2 p.m. to receive cash deposits.”

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

“Whether you choose to deposit your money 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.”

“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.”

“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.”