Total value of payment transactions increased to GH¢9.45trn in 2025, but cheque transactions fall
Meanwhile, in recent years, the volumes of interbank cheques cleared have been on the decline due to the increased adoption of digital payment methods. This trend continued in 2025.
In 2025, the total value of Ghana Interbank System (GIS) transactions reached a record GH¢9.45 trillion, up from GH¢6.13 trillion in 2024, according to the Payment Systems Oversight Annual Report. The average value per transaction climbed by 64.7% to an impressive GH¢7,572,843. The Bank of Ghana attributes this strong performance to increased economic activity and higher participation by financial institutions.
However, the number of interbank cheques cleared has been declining over recent years, continuing in 2025. The volume of transactions of interbank cheques cleared decreased by 265,641 in 2025, marking a 4.8% decline from 2024. Despite this drop in transaction volumes, the total value of cheque transactions still rose, albeit marginally. They increased to GH¢415.20 billion in 2025 from GH¢385.00 billion, representing a 7.9% growth. The average value per cheque transaction also increased by 13.3% to GH¢79,067.32.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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