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Regional News of Tuesday, 3 July 2007

Source: GNA

Banks in Wa circulate new currency to public

Wa, July 3, GNA - Banks in Wa on Tuesday began to issue out the new currency notes and coins to its clients. Customers, most of them students and workers, had formed long queues as early as 0700 hours to enter the banks to issue cheques for their salaries and allowances.

At the Ghana Commercial Bank, its Branch Manager Mr. Abu Albert, told the GNA that business transaction was going on smoothly as the bank was honouring both old and new cheques customers issued. He said the bank was paying out only the new currencies to its customers and was also receiving the old currencies for savings. However, some customers expressed their dissatisfaction at the services of the bank and urged the authorities to put many cashiers to pay them to reduce the congestion.

The Agricultural Development Bank had not started banking work as at 1040 hours. Its doors were locked up keeping the customers queuing outside.

Customers were being served at the National Investment Bank at the time the GNA visited the bank that had lost its manager. Mr. Suglo died at the Wa Regional Hospital On Monday.

The Acting Branch Manager, Samuel Asare, told the GNA that the bank had programmed its computer system in such a way that it was able to convert the old currencies to the new currencies. 03 July 07