Foreign Exchange Account
| Description | FEA is an account in US Dollar, Pound Sterling or Euro where funding of the account is mobilized principally from sources within the country (cash, locally drawn cheques).This account is subject to Bank of Ghana Exchange Control restrictions |
| Purpose | To grow Forex Deposits and to enable customers do Forex transactions easily |
| Minimum Opening Balance | 100 USD ,100 Pounds ,100 Euros |
| Minimum Operating Balance | 1000 USD,1000 Pounds, 1000 Euros |
| Eligibility | Same as Current /Savings Account |
| Documentation Required | Same as Current/savings Account |
| ATM/Cheque Book | No ATM but Cheque book and savings withdrawal book |
| Interest Charge/Debit turnover below 50,000 USD, 50,000 Pounds, 50,000 Euros = 10 flat |