Commercial banks have no right to offer cedis instead of dollars to Foreign Currency Account holders making withdrawals. That’s according to the Principal Consultant at the Osei Tutu Centre for Executive Education and Research, Nana Otuo Acheampong. Despite admitting market supply of foreign currency by the Bank of Ghana has improved, the Association of Bankers insists banks simply cannot meet all the dollar-cash needs of depositors. But Nana Otuo Acheampong tells JOY-BUSINESS, though a pragmatic position; the customers are not obliged to accept cedis instead of the dollars they deposited. “I don’t any bank has the legal or moral right to compel anybody to accept cedis when the person deposited in dollars. They can only persuade the account holders to accept it. The argument that the dollar is not the legal tender is not tenable here because in the first instance the banks agreed to take the dollars because as and when a customer needs his or her money he or she could get it back" he said. "And so when I come back you cannot compel me to take any currency other than the one I deposited all in the name of scarcity of the currency – that is not in accordance with the principle of banking” He further argues the account holders rather than banks should call the shots in the negotiation of the exchange-rate if there is an agreement to withdraw the cash in cedis" he explained. “By law the bank should give you back your money in the same currency which you deposited it and so if because of scarcity they plead with you to take it in cedis, then the customer should dictate the exchange rate” he added.