{"id":196568,"date":"2024-07-04T16:54:46","date_gmt":"2024-07-04T16:54:46","guid":{"rendered":"https:\/\/www.ghanamma.com\/2024\/07\/04\/commercial-banks-in-ghana-to-close-foreign-currency-savings-accounts-report\/"},"modified":"2024-07-04T16:54:46","modified_gmt":"2024-07-04T16:54:46","slug":"commercial-banks-in-ghana-to-close-foreign-currency-savings-accounts-report","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2024\/07\/04\/commercial-banks-in-ghana-to-close-foreign-currency-savings-accounts-report\/","title":{"rendered":"Commercial Banks in Ghana to close Foreign Currency Savings Accounts \u2013 Report \u2013"},"content":{"rendered":"

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A report by Accra-based Citi News suggests some commercial banks in Ghana will start closing down foreign currency savings accounts.<\/strong><\/p>\n

This is expected to be done by July 31, 2024.<\/p>\n

The report indicated that clients with such accounts are being asked to move their currencies in e-wallets or current accounts.<\/p>\n

A circular to clients of these banks explained that the move is geared towards ultimately phasing out the account.<\/p>\n

However, some customers believe that it is a move to impose fees and diminish customers gains as the cedi continues to fall in value.<\/p>\n

The report said the Ghana Association of Bankers is yet to clarify the issue.<\/p>\n

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Commercial banks in Ghana to close foreign currency savings accounts! <\/p>\n

Citi News reports that customers are being advised to transfer their funds to current accounts or e-wallets as the directive is to be implemented by the 31st of July 2024
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\u2014 SIKAOFFICIAL\ud83e\udd8d (@SIKAOFFICIAL1) July 4, 2024<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Mynewsgh.com <\/p>\n

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