Stanbic Bank Introduces MoneyWallet Multi-Currency Card In Ghana

Stanbic Bank Ghana has introduced the StanbicMoneyWallet Multi-Currency Card. This is the first of its kind in Ghana�s banking industry. The new MasterCard-branded card offers a safer and convenient alternative to foreign currency notes and allows both customers and non-customers of Stanbic Bank to load and have access to up to four foreign currencies on a single card. The bank says by using StanbicMoneyWallet Multi-Currency Card, travelers can avoid cross currency fluctuation cost and concerns especially when travelling and trading between the United States, United Kingdom, Europe and South Africa. The Card is a product of Stanbic Bank and in collaboration with MasterCard. Cardholders can load up to four foreign currencies onto one card. They also have the leeway to reload as many times as they want during the life span of the card. It can also be used for purchases (including e-commerce purchases) and ATM cash withdrawals wherever MasterCard is accepted in Ghana or abroad. Speaking at the press launch, Head of Personal and Business Banking Stanbic Ghana, Nana Dwemoh Benneh, said �We are in the market to provide state of the art solution for our customers to help improve their lives. The introduction of MoneyWallet is one of the many interventions that will roll out this year to continually advance the business of customers�. He further stated that the �MoneyWallet Multi-Currency Card is the more secure, convenient and flexible way to carry money. Whether you are attending an important business conference, going to the beach, exploring the sights, shopping or experiencing new cultures, the Card is the smart choice when traveling to one or many destinations�. StanbicMoneyWallet is issued and activated instantly upon purchase and has a five-year life span. Being a smart card, it�s automatically detects which currency to use depending on location of the user. Nii Odartey Lamptey, Manger, Transactional Products explained that, �the card can also decide which currency to use when there is insufficient local currency on the card at any location� adding that, �card holders can stick to their budget by only spending amount loaded on the card�. He also assured that, users of StanbicMoneyWallet Multi-Currency Card have access to 24-hour customer service and support no matter which part of the world they find themselves. �In the event of lost, damaged or stolen card, emergency cash can be sent to the card holder,� he assured.