enquiry.fw

adm@energycombankgh.com

+233 302 815 066

foreign exchange.fw

Foreign Exchange

Current account held in major currencies –US dollar, EURO or GB pounds and funded from local sources for individuals and companies earning regular income denominated in foreign currency, importers and exporters, airlines and shipping lines, ship handlers and agents.


Benefits/Features


  • Monthly statements
  • No interest
  • Ability to save locally generated foreign currency
  • Easy access to cash in account
  • Enhances ability to transact business with foreign trading partners
  • Ability to remit monies outwardly
  • Provides means to hedge trading currency fluctuation against major currencies

foreign currency.fw

This is a current account held in major currencies – US dollar, EURO or GB pounds and funded solely from external sources via inward remittances.


Benefits/Features


  • Cheque book
  • No interest
  • Free monthly statements
  • Ability to receive foreign denominated remittances
  • Easy access to cash in account
  • Ability to remit funds outwardly
  • Easy means to liquidate import trade bills
  • Easy to channel into local investments
FIXED DEPOSITS INTEREST RATE
30 DAYS
60 DAYS
91 DAYS
182 DAYS
365 DAYS
Amount Rate (%) Rate (%) Rate (%) Rate (%) Rate (%)
1,001< 50,000 10.60 12.6 13.25 14.20 16.00
50,001< 100,000 10.80 12.80 13.30 14.30 16.50
100,001<300,000 10.92 12.92 13.38 14.40 16.80
300,001<500,000 11.20 13.20 13.40 14.50 17.00
500,000+ 12.00 13.30 13.50 14.60 17.20

 

ENERGY COMMERCIAL BANK LTD
INDICATIVE FOREX  RATES FOR 10 - JAN - 2018 
RATE BUY SALE
USD/GHS 4.2500 4.5800
EUR/GHS 4.4500 5.7000
GBP/GHS 5.2000 6.2000
GBP/USD 1.2900 1.3550
EUR/USD 1.1500 1.2100