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  • The Eastern Caribbean Central Bank (ECCB), will be launching its digital version of the EC dollar soon
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The Eastern Caribbean Central Bank (ECCB), will be launching its digital version of the EC dollar soon

L. Noel June 28, 2021

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D Cash

The convenience of Digital Cash will soon be available for Vincentians, as the Eastern Caribbean Central Bank, ECCB prepares to launch a digital version of the EC Dollar, dubbed D-Cash

The initiative was discussed during NBC s Views On Issues programme on Sunday, which examined various aspects of the project.

Chief Risk Officer of the ECCB and Chair of the Bank’s Fintec Working Group, Charmaine Powell – explained that D-Cash is expected to enhance efficiency in the financial system.

https://www.nbcsvg.com/wp-content/uploads/2021/06/CHARMAINE-DIGITAL.mp3

Miss Powell disclosed that D-Cash can be accessed by way of an app  on a smart device.

https://www.nbcsvg.com/wp-content/uploads/2021/06/CHARMAINE-DIGITAL-1.mp3

Meanwhile, the ECCB says the introduction of D-Cash in St. Vincent and the Grendadines is a timely initiative, as Vincentians recover from the explosive eruption of La Soufriere Volcano.

The point was made by Ketura Charles – Risk Analyst and Lead member of the Fintech Working Group at the ECCB

https://www.nbcsvg.com/wp-content/uploads/2021/06/KETURA-DIGITAL.mp3

And, Country Manager for the local branch of RBTT, Vonetta Rogers highlighted the benefits of D-Cash for the Bank’s clients.

https://www.nbcsvg.com/wp-content/uploads/2021/06/VONETTA-DIGITAL.mp3

 

 

 

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