A treasury bill (T-Bills) is a short-term investment product (from 91 days to 365 days) backed by the Bank of Ghana on behalf of the Government. When you buy one, you are essentially lending money to the government of Ghana. Treasury bills are one of the safest forms of investment in the world because they are backed by the Ghana government and are considered risk-free. They are also used by many other governments throughout the world.
Upon maturity, the government will repay the amount it borrowed (your investment) with the determined interest rate given at the time of the investment. The interest rate payable depends on how long you lent your money for.
No limit on number of transactions
No monthly service charge
Free monthly e-statements
Competitive and tiered interest is paid based on account balance (minimum balance to earn interest is GHS200.00)
Free sign on to CalNet, HerMes Online Services (HerMes App & *771#), HerMes E-Alerts.
Access to E-Zwich Cards
Students will also have the flexibility of converting the account to a liability product of choice after school
All Tertiary Students from the age of 18years and above
Must be enrolled in a tertiary or higher education institution
Student ID Card or a copy of Student admission letter
Initial deposit is GHS20.00
Account can be opened instantly and operated without coming to the banking halls
Multiple outlets to perform the needed transactions. (Online, HerMes Branches & all Visa and Gh-Link branded ATMs and POS)
Easy access to funds via HerMes Payment Solutions; HerMes Mobile Banking (HerMes App & *771#), CalNet, Agent Banking, POS and ATM services
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