Audio By Carbonatix
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:
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.
Latest Stories
-
GIADEC denies sale of VALCO, confirms strategic equity partnership plans
7 minutes -
Legalisation of ‘Okada’ will address rider indiscipline – NRSA
16 minutes -
Strengthen your relationships at the J in G Corporate Retreat 2026
23 minutes -
NPP dare not talk corruption if Ofori-Atta remains in US – Adorye warns
31 minutes -
An ordinary man’s extraordinary encounter with the vice president
36 minutes -
Transfer Pricing Audits in Ghana: Why documentation is now more important than the tax itself
42 minutes -
Third child death raises alarm in Dagombaline after three-year-old found dead
48 minutes -
Agradaa ordered to pay GH¢100k to Empress Gifty in defamation case
48 minutes -
Nigeria police deny reports of mass church abductions in north
53 minutes -
Latif Iddrisu vs. IGP trial: Fourth judge adopts case eight years after near-fatal assault on journalist
56 minutes -
Benefits Ghana will get from the GoldBod and Gold Coast Refinery landmark agreement
1 hour -
Kwabena Agyepong proposes 11-judge Supreme Court bench, removal of retirement age
1 hour -
NPP: I’m not going to meet any disciplinary committee – Prof Frimpong-Boateng
1 hour -
Republic Financial Holdings exceeds $200m climate finance target
1 hour -
Mayor of Accra pledges extra water tankers for GNFS
1 hour
