NEWS

The Concept of “Next Of Kin” In Bank Account Operation

The Concept of “Next Of Kin” In Bank Account Operation

Bank of Ghana seeks to promote financial inclusion and, on that basis, encourages all citizens of legal age to own a bank account or mobile money account. As part of the Know-Your-Customer policy, during account opening, financial institutions require certain information from you (the customer) to be able to identify and contact you when the need arises.