Audio By Carbonatix
The new currency notes introduced into circulation on Tuesday, are in short supply at the Wa branch of Agricultural Development Bank (ADB).
Emmanuel Abukyi, Wa Branch Manager of the bank said that this had compelled bank officials to transact business in coins.
"Counting coins is not easy, especially when the customer is withdrawing a big amount," he added.
He said workers should exercise patience about the new notes because Bank of Ghana had allowed the use of the old and new currencies until December 31 and could even be changed at any bank after the deadline.
Mr Abukyi appealed to customers of the bank to bear with the bank authorities, adding; "It is not the bank's intention to pay its customers with coins. The bank did not receive sufficient notes from Bank of Ghana."
Ghana News Agency on a tour of some financial institutions at Wa on Wednesday realised that there were long queues formed outside the banks by workers.
Some of them said that they had spent three days struggling to withdraw their June salaries and had not reported for work since then.
Most of the workers mainly teachers, said the delay in the payment of their salaries by the bank was also impacting negatively on teaching and learning in schools.
In addition, it has brought misunderstanding and created confusion between them and their families.
At Ghana Commercial Bank and National Investment Bank customers expressed their satisfaction with the services rendered by the banks.
Some traders expressed concern about the poor handling of currency notes in the country and called for an intensive educational campaign to educate the public to show discipline in the handling of the new currency notes.
Madam Memuna Abdul-Rahmad, a dealer in cosmetics, said the new currency notes would help reduce the burden traders go through when transacting business at the banks.
She suggested the provision of wallets by the banks to their customers for safekeeping of the notes to prolong their lifespan.
"It would also help reduce the anxiety among traders when they carry large sums of money in the bags for fear of attacks by criminals," she added.
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
-
GOLDBOD CEO explains ‘Clear Typo’ in Foreign Reserves claim
3 hours -
Trump says US military struck ISIS terrorists in Nigeria
3 hours -
Civil society group calls on the Bank of Ghana to suspend planned normalisation of non-interest banking
5 hours -
Jingle bills: Arkansas Powerball player strikes $1.8bn jackpot on Christmas Eve
6 hours -
Brazil ex-President Jair Bolsonaro’s surgery for hernia ‘successful’
6 hours -
Ghana and Afreximbank announce successful resolution of $750 million facility
9 hours -
IGP inaugurates Ghana Police Music AcademyÂ
9 hours -
Proposed 5-year presidential term will be difficult for underperforming presidents to seek more – Prof Prempeh
9 hours -
Constitution review was inclusive, structured and effective – Prof Prempeh
9 hours -
Public urged to remain vigilant to ensure fire incident-free Christmas Â
9 hours -
Why the fight against neglected tropical diseases is far from over
9 hours -
Reported losses from gold operations in 2025 remain speculative – BoG
10 hours -
Fighting AIDS and STIs in Africa: UNFPA equips youth to turn data into action
10 hours -
Amaarae returns to Accra for homecoming concert
10 hours -
5-year term will be harsher on presidents, not kinder, says Constitution Review Chair
10 hours
