Nigerian banks have resumed the deposit of foreign currencies into domiciliary accounts.

I just received an email from GTBank that central bank of Nigeria has directed all commercial banks in Nigeria to resume cash deposit of foreign currencies (dollar, pounds, euro, etc) into domiciliary accounts from Tuesday, 12th January, 2016. The email reads;

Dear Customer,
Resumption of Foreign Currency Cash Deposits at GTBank

We are pleased to inform you that you can now make Foreign Currency Cash deposits into your GTBank domiciliary account(s) at any of our branches from Tuesday, 12th of January, 2016.

Our resumption of this service is in response to the Central Bank of Nigeria’s (CBN) directive, issued on the 11th of January, 2016, authorizing Commercial Banks in Nigeria to resume acceptance of foreign currency cash deposits.

We appreciate your patronage and thank you for banking with us.