In adherence to the Bank of Ghana’s new rules imposed to stabilise the depreciating cedi, Access Bank Ghana has launched two card products, which aim at reducing foreign currency purchases in the country by encouraging travellers to load their money in cedis and spend in the currency of the destination country.
The Visa Prepaid Card and Access Link Cards, which establish plans by the bank to make banking convenient and affordable in the country, are targeted at both customers and noncustomers of the bank.
The Access link Card, which aims at supporting an economy that relies less on cash transactions, will save time and money since it can be used on any ATM in Ghana with the GH-link sticker, the Group Head of Personal Banking at Access Bank, Mr Stephen Abban disclosed.
The VISA prepaid card, which gives the customer the flexibility to load any amount of cedis that can be used in any destination country’s currency, will be available instantly upon request.
Commending the bank for introducing the cards, the Head of Financial Stability at the Bank of Ghana, Dr Amoah, noted that actors in the financial services industry had an important role to play in enhancing financial intermediation and contributing to the overall macro-economic stability of the country.