ADB-Agricultural Development Bank

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ADB ONLINE PAYMENT SOLUTION

About The Product:

The product seeks to simplify and improve the efficiency of payment systems from the point of view of the Bank and institutions (educational, utility companies and institutions with mass client base). As clients make payments at the Bank, the system automatically transfers data electronically within minutes to the institution's payment data for instant verification. The Institutions will have their accounts credited at the bank thus enabling proper management of cash flow.

Who Qualifies?

Any institution which is experiencing challenges in fee/bill collection, reconciliation delays, poor record keeping/archiving, data misplacement, etc.

What Are The Benefits?

The main benefits are:

Students/clients can pay fees/bills at any Networked branch Nationwide
No commission is paid on transfers by students/clients Institutions verify payments online (Internet/Web technology)
Real time & Instant receipt of payments
Accurate, reliable and verifiable data
Less paper work
Electronic archiving of payments

Who Are The Participating Institutions?

For now the following educational institutions have signed on to the product but as indicated above, utility companies and other mass-client based organizations can sign on:

Wisconsin University
University of Cape Coast (Centre for Continuing Education)
*University of Cape Coast (Other Programmes)
Institute of Adult Education (University of Ghana, Distance Degree Programme)

* These programmes are yet to be signed on

How Do I Sign On?

Any institution interested in signing on should contact:

Domestic Banking Dept. (021 762375/ 784070).
Corporate and Customer Relations Dept. (021 782499/ 760035)

We are available for further discussions and presentation on the ADB ON-LINE FEE PAYMENT SOLUTION