President of the Ghana Association of Bankers, John Awuah, has unveiled that banks in Ghana have made critical advance in securing shielded bullion vans for the transportation of cash over the nation.
Talking in an meet on Delight FM’s Late morning News on Wednesday, he expressed that, in compliance with past reprobations by the Police, numerous innate banks within the nation have rolled measures to guarantee the security of people who transport their monies in bullion vans.
Concurring to him, in spite of the victories chalked, a few hurdles at the Service of Insides is influencing the operationalisation of the obtained protected vans.
“I can say that we’ve made a few advance from the point of view of the banks. Tragically, we require the Insides Service to quick track their forms and to empower them discharge the documentation that will empower banks bring in these vehicles. As we talk, a few banks have armored vehicles stopped at the Group Harbor.
They’re incapable to clear them since the forms for getting these vehicles cleared at the Insides Service have nearly slowed down. We’re not making advance at the Service at the minute”, he expressed.
Touching on the precise number of shielded bullion vans which have been obtained, Mr. Awuah clarified that, the buys are not being done by the banks themselves, indeed in spite of the fact that a few banks have put together possibility plans.
“So the way money to travel prepare work, most of the banks do not attempt the method themselves. It’s an outsourced operation and so we have cash in travel companies. And you know in this particular occurrence, it was one of the companies, ‘Montran’, whose vehicle was included within the occurrence.
So it is the companies, a part of the occasions, who are getting the vehicles. But a few banks have taken it upon themselves to secure a few vital adhere or armada of the vehicles. So within the impossible event that there’s a incident some place, their vehicles will step in to guarantee consistent cash development”, he clarified.
He went ahead to clarify that in spite of the endeavors by the banks, the Service of Insides is additionally concerned around the operationalisation of the obtained protected vans, and this has driven to a deadlock; a circumstance he depicts as ‘terrible’.
“So the concern the Insides Service has raised with the industry is that given the numbers that we’re talking around; we’re talking around supplanting all the delicate body vans with these armored bullion vans. What it implies, is that in case we have 300 to 400 delicate skin vans, we’re planning to have nearly the same number in bullion vans on our lanes; which to them can pose another level of security hazard.
So to an degree, I can get it that they need to have a structure around it. But shockingly, the method towards putting in put the structure that will allow us to bring in these vehicles has fair been completely broken down. We wear’t indeed know how to continue from here any longer.
The approvals have slowed down. Those who have overseen to bring a few of the vehicles to the harbour, the vehicles are stopped there and we have no visibility on what is happening that will empower us to clear them”, he clarified.
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