Next of Kin vs. Beneficiary Payable on Death when opening a new account at Ghana banks

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• Lawrence 1 year ago

  Succinctly delineated. I hope the Bank of Ghana listens and gets all banks to start doing things right.

  Succinctly delineated. I hope the Bank of Ghana listens and gets all banks to start doing things right.

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• ......... 1 year ago

  Everything in Ghana is designed to cause you pain, including bequeathing your finances to your loved ones. Shit hole country we are!

  Everything in Ghana is designed to cause you pain, including bequeathing your finances to your loved ones. Shit hole country we are!

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• Bright 1 year ago

  I was once a victim of this Bank of Ghana mess. It's a complete scam.
  Tt's been almost 12 yrs now and I didn't get the money from the various banks.
  
  The system is a complete mess and I hope Ghana parliament come out with ...
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  I was once a victim of this Bank of Ghana mess. It's a complete scam.
  Tt's been almost 12 yrs now and I didn't get the money from the various banks.
  
  The system is a complete mess and I hope Ghana parliament come out with new laws to change that.

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• GOV OFFICIAL 1 1 year ago

  I strongly believe the Bank of Ghana will do something about it. The process is too tedious.A friend told me that , in her attempt to secure the letters of administration, she was charged a percentage of what was in her dead ...
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  I strongly believe the Bank of Ghana will do something about it. The process is too tedious.A friend told me that , in her attempt to secure the letters of administration, she was charged a percentage of what was in her dead husband's account.For more than 6 years after her husband's death, she spent a lot of money but still couldn't have access to the money untill she also followed the husband.Very sad.may her soul rest in peace

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• kapo 1 year ago

  the only thing that can put a stop to it is digitization ! and Ghanaian also don't want change ! how can someone put his money into the bank and when he/she is no more the decease family find it difficult to retrieve their ...
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  the only thing that can put a stop to it is digitization ! and Ghanaian also don't want change ! how can someone put his money into the bank and when he/she is no more the decease family find it difficult to retrieve their money! the stress that you will go through you will rather stop it!

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• kapo 1 year ago

  The pain Ghanaian go through in retrieving the disease money is too much bank of Ghana have to do something about it ! in the end bank managers take the money! is too bad !

  The pain Ghanaian go through in retrieving the disease money is too much bank of Ghana have to do something about it ! in the end bank managers take the money! is too bad !

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• KK 1 year ago

  Crafty way by the banks to steal people's monies. Shame!

  Crafty way by the banks to steal people's monies. Shame!

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• John Osae (PhD) 1 year ago

  The Institute for Liberty and Policy Innovation (ILAPI) has done extensive research and analysis on this Next of Kin and beneficiary thing. They are leading discussions and looks the processes are becoming simplified than bef ...
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  The Institute for Liberty and Policy Innovation (ILAPI) has done extensive research and analysis on this Next of Kin and beneficiary thing. They are leading discussions and looks the processes are becoming simplified than before.
  
  I followed their arguments since last year and same thing you are also talking about. Join them so we have a strong voice. ILAPI is well-organised about this advocacy I like how they have made the BANK OF GHANA to respond to address some issues. Things are getting better and those of us in academia are also helping.

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