Access Bank Plc, on Sunday, informed its customers that it will no longer honor cheques bearing the logo of former Diamond Bank Plc.
According to emails that were sent out to Access Bank’s customers, the decision was taken as part of ongoing efforts to better process customers’ transactions more effectively.
The bank explained in the mail that;
“In order to process your transactions more effectively, we wish to inform you that effective 1st of March 2020, we will discontinue honoring all cheques bearing the logo of the former Diamond Bank.
“This means that from 1st of March, the bank will no longer honor all cheques bearing the logo of former Diamond. This is to enable us to process your transactions faster and more effectively to ultimately serve you better.”
The bank thereby advised customers to visit any Access Bank branch to get new chequebooks.