19/03/2023
Basically, the purpose of the dummy notes is to allow people "spray" money at events since there's limited cash in supply. So the dummy notes fill in that gap.
This is how it works
1. You determine the denominations and quantity you want, and we produce them
2. On the event day, you have an exchange point with a dedicated usher or family member at a place in the hall (maybe a table or even just standing by the door; depends on the arrangement at the hall or with the event planner)
3. People who want the notes to spray will then do a transfer of the equivalent amount to an account (most likely the couple's account or the event planner)
4. The guest gets the notes and can then spray the couple/celebrant
5. Optional: you can have a change back process. For example, let's say a bridesmaid gets sprayed a lot of the notes. She can approach the exchange point and then give back the notes for an equivalent transfer to her own account. If the couple/celebrants are the ones who get most of the notes, then there's no need to do a "cash back"
PS: Kindly take note that we will not replicate the Naira design, incorporate the Naira symbol or use any colour that resembles the Naira notes.
We have thoroughly reviewed the CBN Act to prevent any potential legal complications.
We aim to steer clear off any trouble with the CBN π.
Thank you for understanding.
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(1) Any person who falsely makes or counterfeits any bank note resembling any bank note issued by the Central Bank of Nigeria and which is legal tender in Nigeria, shall be guilty of an offence under this Act and shall on conviction thereof be sentenced to life imprisonment.
- Counterfeit Currency (Special Provisions) Act
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