Standard Chartered Bank Ghana Internet Banking – Stanchart Online Banking Guide

Standard Chartered Bank Ghana Internet Banking – Stanchart Online Banking Guide

Are you a Standard Chartered Bank customer in Ghana? Here is good news for you as we are going to give you details about how to register for Standard Chartered Bank Ghana internet banking.

Our attention has been drawn to many complaints from most of our Ghanaian readers expressing how tedious it is to register for Standard Chartered Online banking service in Ghana.

As a result, we have delved into the matter to give you the simplest and more comfortable way to register for the Stanchart electronic baking service in a few easy steps.

So if you are ready, let’s begin our crucial journey into the Stanchart internet banking guide.

Table of Contents

• How To Register For Standard Chartered Bank Ghana Internet Banking
• How To Sign In to Your Standard Chartered Bank Ghana Online Banking Account
• How To Recover/Reset Your Standard Chartered Bank Internet Banking Account Password
• How To Check Your StanChart Internet Banking Account Balance
• Features Of The Stanchart Online Banking Service

HOW TO REGISTER FOR STANDARD CHARTERED BANK GHANA INTERNET BANKING

Sign-Up For Standard Chartered Bank Account In Ghana

Here is how to register for the Standard Chartered Bank Ghana internet banking account online:

1. Open your web browser and go the official website of Standard Chartered Bank Ghana here https://www.sc.com/gh.
2. On the left side of the site, click on online banking.
3. Click on “Continue to Login“.
4. Scroll down to where you see “New to online banking“.
5. You can register with a Credit card and ATM.
6. Also, you can use a temporary ID and SMS PIN.
7. In this case, we will use a credit card and ATM registration, so click on it.
8. Before that, make sure you have the mobile phone number you used to create your account.
9. Click on the terms and conditions and Read thoroughly.
10. Once you are done reading, if you still want to proceed with the application tic the empty box and click on accept.
11. Click on “Please select.”
12. Chop with ATM/ Debit card or Credit card depending on which one you want to use to register.
13. We will click on the credit card as that seems simple to use, so click on a Credit card.
14. Enter your Credit Card number.
15. Tick “I Know the PIN“.
16. Input in your Credit card pin.
17. If you do not know your pin tick,” I don’t remember my pin.”
18. Enter your card expiry date as month and year.
19. Type in your date of birth, which is the day, month, and year you were born.
20. Enter your card CVV2.
21. Click on Next.
22. On the next page, follow the instructions to complete your registration.

That is how you register for Standard Chartered Bank internet banking in Ghana.

Once you are done registering and having your online account details, the next thing is to log in.

Read This: Absa Zambia Internet Banking.

HOW TO SIGN IN TO YOUR STANDARD CHARTERED BANK GHANA ONLINE BANKING ACCOUNT

Sign In To Your Online Banking Account

Follow these simple and easy steps to login to your Standard Chartered Bank online banking account in Ghana:

• Visit the Standard Chartered Bank Ghana Internet banking website here https://retail.sc.com/afr/ibank/gh/foa/login.htm.
• Enter your Username.
• Type in your password.
• Make sure all your login details entered are correct.
• Click on Login.
• Once the exact details are entered, your online banking account will open for you.

You see how easy to log in to your Stanchart internet banking account.

One of the most challenging and pressing situations is when you forget your password.

When that happens, you should not feel bad as it happens to everyone.

That is why we are here at thetransfercode to guide you through that. See below on how you can recover your lost password.

Read also: How To Register And Use UBA Ghana Online Banking In Ghana.

HOW TO RECOVER/RESET YOUR STANDARD CHARTERED BANK INTERNET BANKING ACCOUNT PASSWORD

Here is how to recover your Standard Chartered Bank Ghana internet Banking account password:

Reset Stanchart Account Password

1. Go to Standard Chartered online banking site here https://retail.sc.com/afr/ibank/gh/foa/login.htm.
2. Navigate below the login tab.
3. Click on “Forgot username/password”.
4. Make sure you have the phone number registered with Standard Chartered Ghana with you.
5. Tick the small empty box.
6. Click on “Accept”.
7. Select the document type you registered with, either ATM/Debit card or Credit card.
8. Fill in the correct details in the field.
9. Click on Next to the next page.
10. On the next page that opens, follow the instructions to recover your password.

You see, it is very easy and simple. Yes, we always give you the easiest way to do it.

If you have been reading our online banking guides, we always advise you to constantly check your account balance.

That is a good measure to ensure you are always updated with your account balance information.

So, left find out how you can do that with Standard Chartered Bank in Ghana.

Related guide: CBG Bank Ghana Internet Banking Guide.

HOW TO CHECK YOUR STANCHART INTERNET BANKING ACCOUNT BALANCE

Here are the steps you must follow if you want to check your internet banking account of Standard Chartered Bank Ghana.

• Go to https://retail.sc.com/afr/ibank/gh/foa/login.htm.
• Enter your Username.
• Fill in your password.
• Click on Login.
• After your account is opened, navigate to account information and click on the account number you want to check it’s balance.
• Your balance will be displayed to you with the current balance of your bank account.

Furthermore, it not about making a fuss. That is why we talk much about Standard Chartered Bank online banking services.

It offers you a more secure and reliable internet banking service you will not get anywhere. See below and find out see.of their rich features available to subscribers.

See also: Standard Chartered Zambia Online Banking Guide.

FEATURES OF THE STANCHART ONLINE BANKING SERVICE

Here are some of the features of the Standard Chartered Bank Ghana internet banking service:

• View your account summary.
• You have total control over your bank account.
• Transactions are instant.
• No software is required, just your internet.
• Send and receive money from family & friends.
• Make purchases with your online banking account.

That is all that you should know about the Standard Chartered Bank Ghana internet banking service.

Check this out: Ghana Commercial Bank Mobile Banking Guide.

This simple and easy Guide Was Last Updated on 8th July 2020 by thetransfercode

Please you need to visit this post “https://thetransfercode.com/standard-chartered-bank-ghana-internet-banking/” from time to time for updates and any changes that we may make to the guide.

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Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing and reporting these transactions to oversight agencies, regulators and tax collection entities. The financial statements used in accounting are a concise summary of financial transactions over an accounting period, summarizing a company’s operations, financial position and cash flows.

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Accounting

How Accounting Works

Accounting is one of the key functions for almost any business. It may be handled by a bookkeeper or an accountant at a small firm, or by sizable finance departments with dozens of employees at larger companies. The reports generated by various streams of accounting, such as cost accounting and managerial accounting, are invaluable in helping management make informed business decisions.

KEY TAKEAWAYS

• Regardless of the size of a business, accounting is a necessary function for decision making, cost planning, and measurement of economic performance measurement.
• A bookkeeper can handle basic accounting needs, but a Certified Public Accountant (CPA) should be utilized for larger or more advanced accounting tasks.
• Two important types of accounting for businesses are managerial accounting and cost accounting. Managerial accounting helps management teams make business decisions, while cost accounting helps business owners decide how much a product should cost.
• Professional accountants follow a set of standards known as the Generally Accepted Accounting Principles (GAAP) when preparing financial statements.

The financial statements that summarize a large company’s operations, financial position and cash flows over a particular period are concise and consolidated reports based on thousands of individual financial transactions. As a result, all accounting designations are the culmination of years of study and rigorous examinations combined with a minimum number of years of practical accounting experience.1

While basic accounting functions can be handled by a bookkeeper, advanced accounting is typically handled by qualified accountants who possess designations such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA) in the United States.2 3 In Canada, the three legacy designations—the Chartered Accountant (CA), Certified General Accountant (CGA), and Certified Management Accountant (CMA)—have been unified under the Chartered Professional Accountant (CPA) designation.4

The Alliance for Responsible Professional Licensing (ARPL) was formed during August 2019 in response to a series of state deregulatory proposals making the requirements to become a CPA more lenient. The ARPL is a coalition of various advanced professional groups including engineers, accountants and architects.5

Types of Accounting

Financial Accounting

Financial accounting refers to the processes used to generate interim and annual financial statements. The results of all financial transactions that occur during an accounting period are summarized into the balance sheet, income statement and cash flow statement. The financial statements of most companies are audited annually by an external CPA firm. For some, such as publicly traded companies, audits are a legal requirement.6 However, lenders also typically require the results of an external audit annually as part of their debt covenants. Therefore, most companies will have annual audits for one reason or another.

Managerial Accounting 

Managerial accounting uses much of the same data as financial accounting, but it organizes and utilizes information in different ways. Namely, in managerial accounting, an accountant generates monthly or quarterly reports that a business’s management team can use to make decisions about how the business operates. Managerial accounting also encompasses many other facets of accounting, including budgeting, forecasting and various financial analysis tools. Essentially, any information that may be useful to management falls underneath this umbrella.

Cost Accounting

Just as managerial accounting helps businesses make decisions about management, cost accounting helps businesses make decisions about costing. Essentially, cost accounting considers all of the costs related to producing a product. Analysts, managers, business owners and accountants use this information to determine what their products should cost. In cost accounting, money is cast as an economic factor in production, whereas in financial accounting, money is considered to be a measure of a company’s economic performance.

Requirements for Accounting 

In most cases, accountants use generally accepted accounting principles (GAAP) when preparing financial statements in the U.S. GAAP is a set of standards and principles designed to improve the comparability and consistency of financial reporting across industries. Its standards are based on double-entry accounting, a method in which every accounting transaction is entered as both a debit and credit in two separate general ledger accounts that will roll up into the balance sheet and income statement.

Example of Accounting

To illustrate double-entry accounting, imagine a business sends an invoice to one of its clients. An accountant using the double-entry method records a debit to accounts receivables, which flows through to the balance sheet, and a credit to sales revenue, which flows through to the income statement.

When the client pays the invoice, the accountant credits accounts receivables and debits cash. Double-entry accounting is also called balancing the books, as all of the accounting entries are balanced against each other. If the entries aren’t balanced, the accountant knows there must be a mistake somewhere in the general ledger.

History of Accounting

The history of accounting has been around almost as long as money itself. Accounting history dates back to ancient civilizations in Mesopotamia, Egypt and Babylon. For example, during the Roman Empire the government had detailed records of their finances.7 However, modern accounting as a profession has only been around since the early 19th century.

Luca Pacioli is considered “The Father of Accounting and Bookkeeping” due to his contributions to the development of accounting as a profession. An Italian mathematician and friend of Leonardo da Vinci, Pacioli published a book on the double-entry system of bookkeeping in 1494.8

By 1880, the modern profession of accounting was fully formed and recognized by the Institute of Chartered Accountants in England and Wales.9 This institute created many of the systems by which accountants practice today. The formation of the institute occurred in large part due to the Industrial Revolution. Merchants not only needed to track their records but sought to avoid bankruptcy as well.

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