Ghana as a country is privileged to have a thriving economy with many opportunities for businesses to grow. To support businesses grow, there are 23 commercial banks that operate in the country at the moment. These banks include local and foreign banks and are able to open a bank account for both locals and foreigners.
On a daily basis, several people, including our clients confront us with the simple question of 'how to open a bank account in Ghana?' For a Ghanaian this probably is not an issue, but as a foreigner seeking to invest or build your business in Ghana. It is important to get a few facts right as we share with you simple guidelines for opening a bank account in Ghana.
Most banks in Ghana offer corporate and personal account services for both citizens and expatriates. To open a bank account in Ghana, one first needs a work and residence permit.
Requirements needed to open a bank account as a foreigner in Ghana
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
