Exchange of one currency for another foreign currency at an agreed rate and date.

Features & Benefits

• Clients can buy or sell foreign currency to the bank at an agreed rate and date.
• Major currencies traded are USD, EUR, GBP and XOF.
• Competitive rates for both outward/inward transfers and cash purchases/sales.
• Offer special rates based on the volume of the trade.

Terms & Conditions

• The exchange rate used for these transactions are the confirmed selling rate (offer/ask rate) or buying rate (bid rate) by Treasury.
• Approvals for special rates is at the full discretion of Treasury.
• Refer to Treasury for all other information relating to rates.

It is a binding contract in the foreign exchange (FX) market that locks in the exchange rate for the purchase or sale of a currency on a future date.

Features & Benefits

• Customers can hedge against exchange rate volatility.
• Transaction amount and rate is predetermined for settlement at an agreed value date in future.
• A contract is agreed and signed by both counterparties stating the rate, amount and the value date.
• Tenors for FX Forwards ranges from 7, 14, 30, 60 and 90 days
• Currencies traded are USD, EUR, GBP and XOF.

Terms & Conditions

• The agreement is binding on both parties to settle on the value date.
• Minimum of 10% of the total amount is required to be in customer's account.
• The remaining 90% to be provided before the maturity date.
• In the event where customer is unable to meet the agreement on maturity date, all losses incurred will be charged to the customer.
• Refer to Treasury for all Forward rates.

It involves the simultaneous exchange of one currency for another at an agreed exchange rate on a transaction date, followed by the reverse exchange of the same currencies at a predetermined future date or maturity.

Features & Benefits

• Targeted at customers who want to hedge against exchange rate volatility.
• Predetermined amount of a currency is exchanged for a predetermined amount of another currency at the agreed value date.
• A contract is agreed and signed by both counterparties.
• Tenors for FX swap ranges from 7, 14, 30, 60 and 90 days.

Terms & Conditions

• The agreement is binding on both parties to settle on the value date.
• It serves as a collateral in the event where the other counterparty fails to settle.
• Refer to Treasury for all swap rates.

Debt instrument issued by the Government of Ghana that guarantees rates over a specified period

Features & Benefits

• Tenor for Treasury Bills ranges from 91, 182 and 364-Days.
• Tenor for Treasury Notes and Bonds from 1yr, 2yr, 3yr and 5yr, etc.
• Treasury Bills can be used as collateral for a credit facility.

Terms & Conditions

• Pre-liquidation of investment is possible at a discounted rate.
• The Bank of Ghana regulates the auction and the auction is held every Friday.

We offer this secured investment account product with a fixed duration which guarantees our clients great returns.

Features & Benefits

• Maturities of 3, 6 and 12 months available.
• Competitive interest rates.
• Features of account type (current/savings) selected by the customer to operate Fixed Deposit shall apply.

Terms & Conditions 

• The customer shall open a savings or current account as an operational account.
• Account opening requirements for account type selected must be met.
• The minimum principal to invest is USD500, 000.
• Early redemption penalty applies.

A short-term agreement to sell securities for cash and repurchase the securities at later date at an agreed price.

Features & Benefits

• Customer deposits are fully secured with Government Instruments.
• Offer competitive rates.
• Trade on the Central Securities Depository platform by Bank of Ghana.

Terms & Conditions 

• Minimum amount required is GHS 1,000,000.00.
• Customers requires a Central Securities Depository ID.
• Pre-liquidation is possible at a discounted rate.