Dalex SWIFT is allowing customers to determine what interest rates they want to earn on their investments from October 5, 2020.

Dalex SWIFT is a leading fully digital investment product that provides clients with a credible, convenient, and competitive path to a better life with over 134,000 registered users. Since its inception, SWIFT has given clients a compound interest rate of 15% per annum.

From Monday, customers can increase their investment balance to enjoy much higher rates. Clients with an investment balance of between ¢3,000 and ¢7,000 will enjoy a rate of 16% per annum compounded.

Customers with an investment balance of more than ¢7,000 will enjoy an even higher rate of 17% per annum compounded.

All existing customers whose investment deposits already fall within these categories will be automatically upgraded to the new rates.

Joe Jackson, Director of Business Operations for Dalex Finance stressed the importance of digitizing the financial sector in Ghana as he launched the new rates for Dalex SWIFT.

He added that “the COVID-19 pandemic should serve as a wake-up call to all and must force us to drive innovation”.

• Dalex SWIFT is a smart investment App committed to providing Ghanaians a credible, convenient, and competitive path to a better life. SWIFT makes it easy and convenient for its clients to build an investment though regular contributions at any time over the mobile phone.
• Dalex SWIFT provides clients with an app (app.dalexswift.com) and a USSD code *721# that gives them the means to make deposits, check their balances and take loans at any time without visiting the premises of Dalex SWIFT.
• Dalex Finance is a wholly Ghanaian owned and operated Specialized Deposit-taking Institution (SDI) licensed by the Bank of Ghana (BoG). Dalex Finance has been in operation in Ghana since 2006.