This is a low cost transactional account (current account without a cheque book) with a free life cover, which is targeted at the non complex customer's transactional needs at an affordable price (fees lower than ordinary current account).
Features
Life benefit is tiered based on number of transactions (Maximum benefit GH¢ 200):
Number of transactions
Benefit
Less than 3
GH¢ 100
3 +
GH¢ 200
A fixed service fee of GH¢ 2 per month is charged
A minimum balance of GH¢ 5 is required to open the account
There is no credit interest paid
There is no cap on number of withdrawal transactions
How to apply for a Transact Plus account
Submit two passport sized pictures
A National ID (Voter's ID Card, National Health Insurance Card, a Passport or a driver's license
