Foreign Currency Draft

A draft is a written order by a Bank irrevocably undertaking to pay on demand a specified sum of money to the order of a specified person. Presently our foreign currency drafts are drawn on our well established correspondent Banks.

Requirements

  • A funded domiciliary account in the currency of the draft required OR
  • A draft can be issued from a Cedi account but requires additional documentation as per Exchange Control Act of Ghana.
  • A properly written and duly signed customer instruction

 Foreign currency drafts can be processed at the Foreign Operations Department in the Head office.