First National Bank offers fee-free banking to businesses

Mark Achiampong

First National Bank has added to its growing list of innovative products with the introduction of free monthly service offer for all new business accounts. With this offer, the monthly charges on account maintenance and cheque instruments on all new business cheque accounts will be waived for three months.

The offer enables small- to medium-size businesses or mid- to large commercial businesses to enjoy three months of no service fee on the bank’s business cheque accounts, in addition to a bouquet of digital business banking products and services. This is one of First National Bank’s strategies to help grow profitable and scalable businesses to stimulate economic growth amid the COVID-19 pandemic.

Mark Achiampong, Head of Commercial and Business Banking at First National Bank, explained that the offer is a timely proposition to help businesses stabilise their cash-flows for unexpected costs – especially for those who have been adversely impacted by the pandemic.

“This is another industry-first delivered by us at a very uncertain time for businesses, whether small or big. We are waiving the monthly charges applicable to any business account for three whole months,” Mr. Achiampong says.

“All you need to do is speak to us about the type of business you are running or want to start, and we will give you a range of packages to choose from with the applicable terms and conditions. You enjoy all the benefits at no cost for the first three months. No bank has ever done this. Indeed, we are delivering the impossible; and without doubt, First National Bank is the partner you need to drive a successful business.”

Mr. Achiampong iterated that existing clients will continue to enjoy First National Bank’s market-leading offers designed to enable businesses grow.

“We have automated deposit terminals in all our 11 branches giving you 24/7 access to all our banking services, including deposits,” he says. “Trade services like global payments can be carried out on our robust digital platform. You can monitor your business activity in real-time and reduce internal fraud with FREE inContact Pro, and Email Statements. Details of your business transactions and email statements are all delivered to your inbox for free.”

First National Bank’s innovative online banking enterprise platform provides business customers with secure, controlled, real-time access to their accounts. Interested businesses can access this package by visiting any of the First National Bank Ghana branches in Accra, Tema, Kumasi and Takoradi; or alternatively through for further assistance.

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