Audio By Carbonatix
It should soon be possible for you to sit behind your computer and transfer money from your bank account to a third party in real time.
This would be if banks accept a proposal to integrate their internet portals to the clearing house at Ghana Interbank Payment and Settlement Systems (GhIPSS). GhIPSS has commenced talks with the banks to make this initiative a reality.
Most people have to be physically present in banking halls to effect interbank transfers, but with this initiative, transfers will become faster via internet banking.
Officials are hoping that more people will consequently be encouraged to go online to transact banking business instead of trouping to banking halls.
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
-
Interest payments to average a high 20% of government revenue over next 4 years
1 hour -
Strategy of accumulating foreign reserves, gold carries high fiscal cost – S&P Global
1 hour -
Weak institutional arrangements, high debt servicing constrain Ghana’s rating – S&P
1 hour -
Bond market: Turnover declined by 28% to GH¢1.56bn
2 hours -
Volta Region National Public Speaking contest advances drug prevention conversation
2 hours -
New health training facility at Ampoma-Jema to address admission shortfalls, but Minister flags missing amenities
2 hours -
Black Challenge unveiled with sights set on Amputee World Cup glory
3 hours -
Pay striking teachers before expressway spending, Dr Kingsley Agyemang tells government
3 hours -
Customs intercepts assault rifle, two pistols and 610 rounds of ammunition at Tema Port
4 hours -
PKO boxers secure wins at Odwira Festival
4 hours -
South Tongu Records Rise in Teenage Pregnancy
4 hours -
Cabinet threw out US health compact faster than anything I’ve seen – Mahama
4 hours -
MoFA urges Finance Ministry to reverse World Bank food programme withdrawal over GH¢643m commitments
4 hours -
NAGRAT demands signed timelines before calling off strike
5 hours -
National Investment Quiz: West Africa SHS, St. Louis SHS advance to semi-finals
5 hours