Audio By Carbonatix
Managers of the Codeline and Check Clearing System say bank customers countrywide should pressure their banks to ensure they are credited with the value of their local checks within 48-hours.
Though checks within Accra and Tema have for sometime now been cleared in less than the 48-hour period by the Ghana Interbank Payment and Settlement Systems, there have been several complaints the banks have not credited the accounts of their customers within the stipulated period.
The 48-hour clearance has now been extended countrywide and GhIPSS says the recalcitrant banks should comply and give their customers value in good time.
General Manager in charge of Business Development at the GhIPSS, Archie Hesse, said the exercise will ensure efficiency in the system.
“We want cheques to be cleared faster so that customers and businesses will receive their checks quicker and [this] in turn will benefit the nation as a whole,” he said.
Source: Myjoyonline.com
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
-
Labour Minister wants SOEs to help shape new public pay system
1 hour -
IPEC will ensure Equity and Sustainability in SOEs Compensation
2 hours -
White House bars CNN from travelling with Trump on Air Force One
3 hours -
Fennis wins second consecutive ITF J60 title in Accra
3 hours -
Spain beat England in thriller after Kane penalty miss
3 hours -
GPL 2026/27: Zaidan’s late goal ends Hearts of Oak unbeaten start
3 hours -
CEOs demand clarity on pay harmonisation, board autonomy as FWSC engages SOEs bosses over IPEC transition
3 hours -
2026 Women’s Super Cup: FC Savannah, Epiphany Warriors maintain top spots ahead of final group games
3 hours -
‘Is EOCO responsible for determining lawyers’ fees?’ – Baffour Awuah
3 hours -
David Beckles claims second J60 Accra title
3 hours -
No France cocaine suspect linked to Mahama, Vice President’s security details – NACOC
4 hours -
Anwelle Foundation launched in Jirapa to tackle poverty, youth unemployment
4 hours -
Joy Sports Editor Fentuo Tahiru Fentuo to moderate inaugural Music Meets Football Summit in Zambia
4 hours -
Court premises too volatile for Baffour Awuah’s attempted arrest by EOCO – Inusah Fuseini
4 hours -
Drug bust: Under no circumstances will NACOC leadership be compromised – Twum-Barimah
4 hours