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
-
Rule of law must be protected – GBA condemns EOCO action against Baffour Awuah
14 minutes -
950,000 barrels of Sankofa crude head to TOR as GNPC deepens domestic refining
26 minutes -
Scales of deception removed – Annoh-Dompreh attacks new cocoa price
38 minutes -
Young Positivist Writes : My Experience with GCLP
2 hours -
Strong Day 1 turnout sets tone for Day 2 of Republic Bank-JoyNews Habitat Fair Clinic
2 hours -
Ghana Army warns new soldiers against social media misuse, uniform abuse
3 hours -
AMA calls for science-led action to tackle environmental health risks in Accra
3 hours -
NPP Canada Organizer BigMo urges Diaspora to support Kodua Frimpong
4 hours -
He entered at eight. He is now 16: Ghana’s children growing up in prayer camps
7 hours -
‘Development must not always begin from Accra’ — Anwelle Foundation launched in Jirapa
7 hours -
PKO trio eye victories at Odwira Festival
9 hours -
346 Ghana Navy recruits pass out after 26 weeks of intensive training
9 hours -
Newsfile to discuss EOCO-MP arrest, drug trafficking, speech arrests and $235m water debt
10 hours -
JoyNews gets results as listeners raise GH¢40,000 to help 17-year-old student with cerebral palsy attend SHS
10 hours -
Vice President calls for stronger local pharmaceutical production to reduce medicine imports
11 hours