Prudential Bank Ltd.
HOME  |  About Us  |  Branches & ATMs  |  Domestic Banking  |  International Banking  |  Project Finance  |  Funds Management  |  Internet Banking  |  e-Banking  |  Contact Us  |
Branches >> Abeka Branch (ATM) & Saturday Banking  |  Ring Road Central (ATM)  |  Abossey Okai Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm   |  Tesano Branch (ATM)  |  Accra Branch (ATM)   |  Madina Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm   |  Weija Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm  |  Zongo Junction Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm   |  Gicel Branch (ATM )  |  Spintex Road Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm  |  Makola Branch & Saturday Banking Opening Hours : 9:30am to 2pm  |  Tema Fishing Harbour Branch (ATM)  |  Tema Comm 1 Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm  |  Kumasi Main Branch  |  Kumasi Adum Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm  |  Tamale Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm   |  Takoradi Harbour Branch (ATM)  |  Valley View Branch (ATM)  |  Odorkor Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm  |  Afful Nkwanta Branch (ATM)  |  Aboabo Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm  |  Cape Coast Branch (ATM)  |  University of Cape Coast Agency(ATM)  |  Methodist University Agency (ATM)  |  North Industrial Area Branch (ATM)  |  Atonsu Branch (ATM)  |  Takoradi Market Circle Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm  |  Adentan Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm   |  Suame Maakro Branch (ATM)  |  Bawaleshie Branch(ATM )  |  Circle Branch (ATM)  |  Mataheko Branch (ATM)  |  Techiman Branch (ATM)  |  East Legon Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm   |  New Palace Mall ATM  |  Okaishie Branch (ATM) & Saturday Banking Opening Hours : 9:30am to 2pm  |   KNUST ATM   |  Nungua Branch (ATM)  |  Santasi Branch (Atm) & Saturday Banking  |  University of Cape Coast Main Branch (ATM)  |  University of Ghana, Legon (ATM)  |  Taifa (ATM) & Saturday Banking Opening Hours: 9:30am to 2pm  |  
  International Banking
Letters of Credit
Bills for Collection
International Funds Transfer
Trading in Foreign Currencies
Foreign Currency and Exchange Accounts
PBL Home Base Account
Export and Import Advisory Services
Bonds and Guarantees
Corespondent Banks

you are here: International Banking >> PBL Home Base Account

This is a Cedi-denominated account designed for Ghanaians resident abroad who wish to build up funds in Ghana to fund future projects or to finance an eventual homecoming.  Deposits made in foreign currency would be converted into Ghana Cedis at the prevailing exchange rates and the proceeds invested.  Withdrawals/payments are made only in Ghana Cedis.
 
FEATURES:
 
  1. Personal Savings Account
    1. Designed for Ghanaians resident abroad
    2. Requires regular weekly/bi-weekly/monthly deposit of a minimum of GHS100.00 into the Home Base Personal Savings account with Prudential Bank Limited in Ghana
    3. Withdrawals can be made whilst in Ghana or upon receipt of account holder’s written instructions (giving details of beneficiary).
    4. No service charge on the account
    5. Amounts saved may be used as collateral for a credit facility.
    6. Interest Rate: Interest rate on this account is linked to the Bank of Ghana policy rate as detailed below:
      1. Savings amounts up to GHS 5,000.00 will attract interest at Bank of Ghana policy rate minus eight percentage points per annum subject to quarterly review.
      2. Savings amounts above GHS 5,000.00 will attract interest at Bank of Ghana policy rate minus six and a half percentage points per annum subject to quarterly review.
  2. Time Deposit Investment Account
    1. Designed for Ghanaians resident abroad who wish to build up funds in Ghana for future projects or who are preparing for eventual home coming.
    2. This account requires a minimum initial lump sum investment of GHS10,000.00 in time deposit.
    3. Interest rates are linked to the Government of Ghana Treasury Bill rate (Note: Existing PBL Homebase Fixed Deposits shall be rolled over on maturity using Treasury Bill Rate of same tenor). The Bank of Ghana Treasury Bill rates ca be found here. The duration of the investment is as indicated below:

TENOR (DURATION)

INTEREST RATE

91-days

91-Day Treasury Bill rate 

182-days

182-Day Treasury Bill rate 

365-days

1-Year Treasury Bill rate 

  

4. Withdrawal prior to maturity shall be at a discount to be negotiated.
5. Time deposits may be rolled over on maturity at the instance of the holder at interest rates prevailing at the time of roll-over. 

 

BENEFITS

The product offers the non-resident Ghanaian the opportunity to: 

  • Build up savings in Cedis in Ghana while living abroad
  • Access loans from Prudential Bank Limited by using the PBL Home Base Account as collateral security.
  • Receive free banking and investment advisory services
  • Issue standing order instructions on the account to meet financial obligations in Ghana such as mortgage installments, insurance premium, school fees, upkeep of family members, etc.
  • Access your savings account 24/7 through the Bank’s cashWise ATMs whenever in Ghana.
  • Enjoy convenient and friendly banking services at any PBL branch when in Ghana.
  • Receive free quarterly statement.

 

 

REQUIREMENTS

  1. Two passport-sized photographs.
  2. Valid passport or Driver’s License (copies of relevant pages showing details of holder, photo and expiry date).
  3. Utility Bill (eg Electricity, Water, Gas, Telephone) not older than three months or a recent Bank Statement to confirm residential address.
  4. An initial Minimum Savings deposit of GHS200.00 or Investment amount of GHS10,000.00 in time deposit is required.

 

Guidelines for opening a PBL Home Base Account

  1. Complete the Application form HB001 (Click here to download the application form).
  2. Post the completed Application Form, together with required documents, to: Home Base Account Desk, Prudential Bank Limited, 8 Nima Avenue, Ring Road Central, Private Mail Bag, Accra, Ghana.
  3. Alternatively, the completed form and other documents listed under the requirements can be scanned and sent to the Bank's email address: homebase@prudentialbank.com.gh, but will be subject to further confirmation. 
  4. Please allow two (2) working days from receipt of the completed application form for processing of the application.  
  5. Prudential Bank will notify you of your account number and other account details through the post.  
  6. On receipt of account details, please arrange for a transfer of funds into your new PBL Home Base Account through our Correspondent Banks.
    • Note: Account will be closed if no funds are received within 20 working days of account opening date.
  7. Your account will be activated within 48 hours after receipt of verified funds and your confirmation of all account details/information. A confirmation letter will be sent to you through the post.
  8. Please send us an e-mail to let us know when transfer of funds is made. Our e-mail address is: homebase@prudentialbank.com.gh

 

Mode of Funding PBL Home Base Account

The source of funding should be offshore. You can transfer funds (Pound, Euro, U.S. Dollar) into the account using the routing instructions below or by direct sale of foreign currency to the Bank when in Ghana. The cedi equivalent will be credited to your account.

The account does not accept direct payment of cedi.

 

 

Where can I make payments?

Payments can be made through any of PBL’s correspondent banks listed below:

 

 

ROUTING INSTRUCTIONS FOR US DOLLAR:

  1. Citibank, N.A., New York, USA
    1. Beneficiary Account Name……………… (indicate your account name)
    2. Beneficiary Account Number ………..... (indicate your account number)
    3. Beneficiary Bank: Prudential Bank Limited
    4. Beneficiary Bank Account Number:   36123846
    5. Beneficiary Bank SWIFT:   PUBKGHAC

      Intermediary Bank: Citibank NA, 111, Wall Street
      19th Floor, New York N. Y 10043
      Swift: CITIUS33
      Fedwire: 021 000 089
  2. BHF Bank, Frankfurt, Germany
    1. Beneficiary Account Name (indicate your account name)
    2. Beneficiary Account Number (indicate your account number)
    3. Beneficiary Bank: Prudential Bank Limited
    4. Beneficiary Bank Account Number:   0100-711572
    5. Beneficiary Bank SWIFT:   PUBKGHAC

      Intermediary Bank: BHF Bank, AG
      Bockenheimer Landstrasse 10, 60323 Frankfurt am Main
      Frankfurt, Germany
      Swift: BHFBDEFF
      BLZ: 500-202-00

 

ROUTING INSTRUCTIONS FOR BRITISH POUND STERLING

  1. Citibank, London
    1. Beneficiary Account Name (indicate your account name)
    2. Beneficiary Account Number (indicate your account number)
    3. Beneficiary Bank:             Prudential Bank Limited
    4. Beneficiary Bank Account Number:   8228817
    5. Beneficiary Bank SWIFT:   PUBKGHAC

      Intermediary Bank: Citibank N. A, Citibank House,
      P. O. Box 78, 336 The Strand
      London WC 2 RI HB
      Swift: CITIGB 2 L
      Sort Code: 185008
  2. Ghana International Bank, London
    1. Beneficiary Account Name (indicate your account name)
    2. Beneficiary Account Number (indicate your account number)
    3. Beneficiary Bank: Prudential Bank Limited
    4. Beneficiary Bank Account Number:   10023001
    5. Beneficiary Bank SWIFT:   PUBKGHAC

      Intermediary Bank: Ghana International Bank
      67 Cheapside, First Floor,
      London, EC2V 6AZ, UK
      Swift: GHIBGB2L
      Sort Code: 700613

 

 

ROUTING INSTRUCTIONS FOR EURO

  1. Citibank, Frankfurt
    1. Beneficiary Account Name (indicate your account name)
    2. Beneficiary Account Number (indicate your account number)
    3. Beneficiary Bank:             Prudential Bank Limited
    4. Beneficiary Bank Account Number:   4115498016
    5. Beneficiary Bank SWIFT:   PUBKGHAC
    6. Beneficiary Bank IBAN NUMBER:   DE27502109004115498016

      Intermediary Bank: CITIBANK AG
      NEUE, MAINZER STRASSE 75
      60311 FRANKFURT MAIN
      GERMANY
      Swift: CITIDEFF
      BLZ: 502-109-00
  2. BHF Bank, Frankfurt, Germany
  1.  
    1. Beneficiary Account Name (indicate your account name)
    2. Beneficiary Account Number (indicate your account number)
    3. Beneficiary Bank: Prudential Bank Limited
    4. Beneficiary Bank Account Number:   711572
    5. Beneficiary Bank SWIFT:   PUBKGHAC
    6. Beneficiary Bank IBAN NUMBER:   DE69500202000000711572

      Intermediary Bank: BHF Bank, AG
      Bockenheimer Landstrasse 10, 60323 Frankfurt am Main
      Frankfurt, Germany
      Swift: BHFBDEFF
      BLZ: 500-202-00
 
For further information, please contact:

The Home Base Account Desk
MARKETING & CORPORATE AFFAIRS DIVISION
PRUDENTIAL BANK LIMITED
NO. 8 NIMA AVENUE
RING ROAD CENTRAL, ACCRA, GHANA

 

TEL No: +233-302-781184 / +233-302-781167 / +233-302-781173

 

FAX No: +233-302-781194

 

Back

Next

HOME | International Money Transfer | News | PBL Financial Statements & Other Downloads | Subsidiaries |

Find A Branch      
Copyright (c) Prudential Bank Ltd. All rights reserved.

ABOUT SSL CERTIFICATES