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Current and Depository Account
Foreign account service
ADB operates a foreign account service at designated
branches to cater for the foreign business needs of the business community. The
account is denominated in the major convertible currency of the customer's
choice. This may be held locally or offshore.
Minimum balance for current / savings account
Link credit product
Remarks
GH¢ 10 (¢ 100,000.00)
Personal Basic Installment Loan
No interest for min balance in current account
GH¢ 20 (¢ 200,000.00)
Bank offer Loans
No interest for min balance
GH¢ 30 (¢ 300,000.00)
Educational Loan
No interest for min balance
GH¢ 50 (¢ 500,000.00)
Revolving Finance Facility
Fixed deposits for cash collateral of 25% of loan amount
One month of scheduled loan installment
Asset and vehicle loan
2% interest on minimum balance of GH¢ 100 (¢ 1,000,000.00).
Investment Accounts
The bank provides or arranges for attractive interest
rates with flexible tenor for fixed deposits, Certificate Of Deposits (CD's),
Treasury bills, Stock bonds and Mutual funds investment.
Prestige and Elite Accounts
These are special types of current and investment accounts
that will be designed and made available to middle and top level Executives
such as Political heads, Professionals Chief Executives, General Managers,
Departmental Heads etc of public and private institutions who must maintain
minimum balance of GH¢ 200 (¢ 2,000,000.00).
These types of accounts will have the following
features and benefits;
Cheques certifiable (up to certain limit)
Telephone Banking Home loans
Educational loans for children
Asset and Vehicle finance
24 hr electronic banking from ATM, cell phone and internet banking services
Credit cards, debit cards for local and international shopping.
