Cash withdrawal restrictions will prevent fraud - GAB

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• GHFUO, BE SERIOUS NOT PRIDEFUL! 12 years ago

  GH BANKING IS STILL ARCHAIC IN MANY WAYS. THIS IS WHY 419, SAKAWA PPL ARE HAVING A FIELD DAY....MUAHAHAHAHAAAAA

  GH BANKING IS STILL ARCHAIC IN MANY WAYS. THIS IS WHY 419, SAKAWA PPL ARE HAVING A FIELD DAY....MUAHAHAHAHAAAAA

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• Akwasi 12 years ago

  If the banks wants to notify central bank or a fraud unit about any withdrwal above 10 thousand cedis, thats acceptable, but to restrict withdrawals all together is unintellectual and crazy. Ghana is a cash society and most b ...
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  If the banks wants to notify central bank or a fraud unit about any withdrwal above 10 thousand cedis, thats acceptable, but to restrict withdrawals all together is unintellectual and crazy. Ghana is a cash society and most business people do not trust checks due to the fraud both within the business community and worse the banks. You can only trust some/most government checks because they can be held accountable.
  If you want to buy a car in Ghana, which of the dealers would accept a check? So how many time do you have to go to bank for withdrawal.
  The Banks needs to uproot corruption from their ranks first and clean their operations, then we can trust them.
  I hope no one reads politics into this.

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• jojo 12 years ago

  Stipid idea,Dont they have better monetary policies to get the economy of Ghana moving.This is a cash society and Bank of Ghana should stop its voodoo economics and be more practical.

  Stipid idea,Dont they have better monetary policies to get the economy of Ghana moving.This is a cash society and Bank of Ghana should stop its voodoo economics and be more practical.

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• GHFUO, BE SERIOUS NOT PRIDEFUL! 12 years ago

  THE LARGEST MONEY I EVER FOUND ON THE GROUND IN MY ENTIRE LIFE WAS IN GH. THE EQUIVALENT OF 100 DOLLARS IN GH CEDIS. IT WAS WRAPPED IN A BLACK PLASTIC BAG STUCK UNDER A LOTTO KIOSK.I WENT WITH THIS GIRL IN MY AREA TO A AN ARE ...
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  THE LARGEST MONEY I EVER FOUND ON THE GROUND IN MY ENTIRE LIFE WAS IN GH. THE EQUIVALENT OF 100 DOLLARS IN GH CEDIS. IT WAS WRAPPED IN A BLACK PLASTIC BAG STUCK UNDER A LOTTO KIOSK.I WENT WITH THIS GIRL IN MY AREA TO A AN AREA PARK LATE AT NITE. SO SHE COULD SUCK MY DICK, AROUND 1 AM, AND DATS WHEN I FOUND THE BAG TUCKED UNDER THE WOODEN KIOSK. IF GH GOES CASHLESS, THERE IS NO ANYONE WILL STASH MONEY UNDER KIOSK OR UNDER MATTRESSES. AFTER ALL MY YRS IN THE WEST. THE MOST MONEY I EVER FOUND ON THE FLOOR WAS 20 DOLLARS....

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• DAN 12 years ago

  how many people are going to buy a $20,000 car or pay cash of land or down payment on house...For that amount & for safety reason(robbery) they should bank check or money order that if person that its paid to don't feel its l ...
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  how many people are going to buy a $20,000 car or pay cash of land or down payment on house...For that amount & for safety reason(robbery) they should bank check or money order that if person that its paid to don't feel its legit..Let both partys go cash then the can ask for cash! Not many people even in usa carry that much cash around( $5000) And would be carrying large bills then($100)

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• GHFUO, BE SERIOUS NOT PRIDEFUL! 12 years ago

  GIVE THESE PPL CREDIT CARDS, ATM CARDS....THE WESTERN NATIONS ONCE UPON A TIME ALSO USED BE CASH SOCIETIES.UNTIL THEY PUT THEIR FOOT DOWN AND STARTED MAKING CHANGES. AFRICANS ARE ALLERGIC TO CHANGE. IDIOTS
  LOOK AT THE NUMBER ...
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  GIVE THESE PPL CREDIT CARDS, ATM CARDS....THE WESTERN NATIONS ONCE UPON A TIME ALSO USED BE CASH SOCIETIES.UNTIL THEY PUT THEIR FOOT DOWN AND STARTED MAKING CHANGES. AFRICANS ARE ALLERGIC TO CHANGE. IDIOTS
  LOOK AT THE NUMBER OF PPL WHO GET ROBBED, FRAUD, LOSING CASH NOTES ON A DAILY BASIS BCOS PRIMITIVE DINOS ON THIS FORUM REFUSE TO GO CASHLESS?

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• American D 12 years ago

  To some extent it should go cashless, however given the infrastructure of Ghana, lights out and the like, it is difficult to sustain.
  
  In addition, you have many people who are illiterate or do not read english. Also wha ...
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  To some extent it should go cashless, however given the infrastructure of Ghana, lights out and the like, it is difficult to sustain.
  
  In addition, you have many people who are illiterate or do not read english. Also what about the rural areas?
  
  NEvertheless, one should be able to take out as much money as they want. Afterall, is the depositor's money, not the banks.

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• American D 12 years ago

  You are absolutely correct.

  You are absolutely correct.

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• jojo 12 years ago

  Soon people will revert to keeping their money under their mattresses rather than send it to the bank.

  Soon people will revert to keeping their money under their mattresses rather than send it to the bank.

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• American D 12 years ago

  Yes, people are thinking of doign that now in the US. You heard what happen in the Cyrpus when the banks/government tried to take the bank deposits of ALL people who had bank account, so that the country could cover thrie for ...
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  Yes, people are thinking of doign that now in the US. You heard what happen in the Cyrpus when the banks/government tried to take the bank deposits of ALL people who had bank account, so that the country could cover thrie foreign debts.

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• fuck npp 12 years ago

  Why are they allowing the West to dictate these stupid money laundering laws... these laws are not for our benefit.. it is for the West... but who checks them?

  Why are they allowing the West to dictate these stupid money laundering laws... these laws are not for our benefit.. it is for the West... but who checks them?

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