Two-weeks after the old currency ceased to be legal tender, there is a rush for changing the old currency for the new ones at the Banks in the Koforidua Municipality.
Despite the six months period given by the Bank of Ghana (BoG), for the old cedis to be used alongside the new Ghana cedis, a survey in the New Juaben Municipality on Thursday, confirmed that the old currency was still in the system.
Although, it was not being used for transactions, queues at the special desks created for the changing purposes in some of the banks showed that, people still had the money in their possession.
The banks, including the Ghana Commercial Bank,
SG-SSB, Barclays Bank and the rural banks, had all in compliance with the BoG directive dedicated teller booths specifically for that.
The Koforidua Deputy Manager of the Ghana Commercial Bank, Mr Samuel Adasi said, initially they experienced long queues with people coming to change their money.
He said two of the tellers had been put in charge of changing from the old to the new currency and also to change the new Ghana Cedi coins for traders who have been coming to the bank for smaller denominations.
Some of the customers who were seen counting the old currency at the various banks apparently for change expressed satisfaction with the way the banks were handling the process.
Source: GNA
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
Latest Stories
-
Alleged National Security operative remanded over GH₵1m recruitment scam
4 minutes -
Sametro Group of Companies donates to widows in Tarkwa Nsuaem Municipality to mark Christmas
24 minutes -
Morocco’s Family Code revision proposals unveiled in Rabat
2 hours -
Saglemi fire: No documents lost, redevelopment project unaffected – Oppong Nkrumah
2 hours -
WAEC uncertain about meeting Dec. 29 deadline for WASSCE results
2 hours -
‘She Leads Project’ calls for more female representation in politics to address women’s issues
3 hours -
DJ Promise crowned Best Radio DJ at Dangme Music Awards 2024
3 hours -
Re-collation: Court sets Dec. 27 to hear NDC’s suit against EC
3 hours -
Let’s remain positive, optimistic, and with calmness, rebrand our party – Afenyo-Markin
3 hours -
L’aîné HR celebrates 30 years of excellence in HR management in Ghana
4 hours -
Corporate Wellness: Elegant Homes emphasizes impact of Annual Health and Family Fun Day
4 hours -
BoG issues bancassurance directives to stakeholders in financial sector; warns of sanctions
5 hours -
African Paralympic Committee President sends festive greetings to fraternity
5 hours -
Ghana-Russia Centre holds its first corporate social responsibility event in Ghana
5 hours -
Mozambique’s opposition leader vows to install himself as president
6 hours