Equitorial Bank Plc  Ready for Cashless System In Kumasi


Ahead of the deadline for the commencement of the implementation of the cash withdrawal limit policy in Kumasi Region, Equitorial Bank Plc  has concluded arrangements to ensure a hitch-free continuance of transactions for its numerous customers.

According to a Statement from the bank, its robust electronic banking service which comprises the internet and mobile banking channels, have been strengthened to ensure seamless transactions for its customers across its various outlets in Kumasi Region.

It will be recalled that the Central Bank of Ghana (CBG) had announced that from June 1, 2012, daily cumulative cash withdrawals and lodgments by individuals and corporate account holders will not exceed Cedis150, 000.00 and Cedis1million respectively, with the pilot scheme commencing in Kumasi Region by January 1, 2012.

Through the internet banking channel of the bank, customers will be delighted with the EquitorialBankPlc Connect, which allows banking transactions from the comfort of their offices and homes anywhere in the world. These transactions can range from checking account balances, viewing or downloading Statements of accounts, requesting for cheque books and banking transfers to as much as Cedis10million in one go. The banking transfers can be intra or interbank as the case may be. These services will only require that the customer connects his personal computer (PC) or smart phone to the internet and he is on. 

However, for the customers without access to PCs, the Statement continued, their mobile phones will suffice as the Enterprise eMobile will enable them carry on the same banking transactions as the EquitorialBankPlc Connect and a bit more. Customers on this service can check their account balance, view the last five transactions, conduct intra and interbank transfers, purchase recharge cards for self and third parties, and pay for DSTv, HiTv and mobile phone post-paid bills among others.

Both new and existing customers can sign on for these safe and secured services that will in addition to providing transaction options in the face of the cashless system policy deadline, also give added value in the form of convenience banking in any of the branches in Kumasi Region.


Head, Corporate Communications



Thursday, November 17, 2011