Discussions far advanced to make Ghana card only acceptable ID for bank transactions - Report
-The Ghana Card will soon become the only identification in banks in the country
-This was disclosed by John Awuah, Chief Executive of the Ghana Association of Bankers
-The association has already held meetings with the National Identification Authority (NIA) and Bank of Ghana for a road map
Information gathered by YEN.com.gh indicates that banks in the country will soon accept only the National ID card (Ghana Card) as the primary documentation for banking.
Source: UGC
There have been discussions to that effect between the Ghana Association of Bankers, the National Identification Authority (NIA), and the Bank of Ghana (BoG) already.
The three organisations are working on the road map for the commencement.
“I’m sure in a short while, customers will get information from banks on how to use the national ID as a primary source to identifying banking transactions,” Chief Executive of the Ghana Association of Bankers, John Awuah, told Joy Business.
He said given the recent debate ongoing with the national ID and others, the banks will use a parallel system for a period.
“But when that period is quite over, then the law says only the National ID becomes the primary document or card for inputting information of customers in banking transactions,” he explained.
Meanwhile, the government is expected to begin the SIM card re-registration exercise soon.
The exercise is expected to commence latest by June and the primary document required for that purpose is the National Identification card.
The vice president, Dr. Mahamudu Bawumia, disclosed this at the ongoing 5th Ghana CEO summit in Accra.
Dr. Bawumia warned that anyone who fails to take part in the re-registration of the SIM card with the National Identification card risks losing his or her SIM card.
Also as reported by YEN.com.gh earlier, the Ghana Revenue Authority (GRA) in partnership with the National Identification Authority (NIA) started using the Ghana Card identification number as a taxpayer identification number.
The GRA in a statement said effective April 1, 2021, the Ghana Card number (Ghana card PIN) will replace the Taxpayer Identification Numbers (TIN).
It is in line with the government’s policy on the use of a unique identifier for all transactions where the identification of an individual is required.
President Nana Addo Dankwa Akufo-Addo had announced that from April 1, 2021, all identification card numbers would become Tax Identification Numbers.
He made this known while delivering his first State of the Nation's Address after being elected for his second term in parliament on March 9, 2021.
Akufo-Addo said by so doing, the number of people registered by the Ghana Revenue Authority for tax purposes will increase from three million to 15 million people.
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Source: YEN.com.gh
