BoG Manager Worried About Payment in Coins

Space FM,Sunyani, August 27- The Brong-Ahafo Regional Manager of the Bank of Ghana,(BoG) Mr Eugene Atikpo, has observed that paying customers with large quantities of coins by some bank cashiers is defeating the main purpose for re-denomination of the cedi.

The regional BoG boss who said this in Sunynai, therefore appealed to the public to find a peaceful and polite means to address the issue with these cashiers or inform the bank managers to handle the matter.

He said he does not understand why some cashiers behave that way because money is supposed to be convenient and portable.

Mr Atikpo added that any good cashier with proper understanding of economics would not behave this way.

He expressed appreciation for the co-operation and understanding in the region towards the exercise describing it "as a wonderful experience" as compared to other regions.

He explained that the exercise is to step up public confidence in the banks and urged the public to maintain a good rapport with the banks to enable them access the new currency since the old currency seizes to be a legal tender by December 31 but could be changed at the banks.