GCOPD calls for barrier-free access to financial services for persons with disabilities

Following President Dr Irfaan Ali’s recent announcement on banking sector reforms, the Guyana Council of Organisations for Persons with Disabilities (GCOPD) commended his efforts to encourage more Guyanese to open bank accounts. GCOPD particularly welcomed the commitment to eliminate discriminatory practices against persons with disabilities in commercial banks, ensuring fair and equitable access to cash transfers and other financial services.
“We are optimistic that these reforms will ensure that commercial banks eliminate all discriminatory practices against persons with disabilities,” GCOPD stated.
The Council highlighted that, for too long, persons who are blind have been told they cannot open personal bank accounts or acquire ATM cards due to their disability. Many commercial banks have justified these practices by citing internal policies. However, GCOPD noted that there is no empirical evidence supporting such archaic and discriminatory policies, if they exist.
The Council also raised concerns about physical accessibility, noting that many commercial banks and ATM locations remain inaccessible to wheelchair users.
“While these challenges exist in most commercial banks, a few institutions have modelled inclusion and accessibility, facilitating barrier-free access to financial services for persons with disabilities,” GCOPD added.
In line with Guyana’s rapid development, GCOPD has worked to increase the financial literacy of persons with disabilities, including young people, ensuring they understand personal financial management and the range of available financial services.
With positive transformations in the disability landscape over the past five years, more persons with disabilities have gained employment, making it essential for them to have bank accounts to receive salaries. Additionally, the Ministry of Human Services and Social Security facilitates the transfer of monthly public assistance grants to personal bank accounts, further underscoring the need for inclusive banking practices.
“It is critical that commercial banks address discriminatory practices and implement the necessary measures to ensure that all persons with disabilities can access barrier-free financial services, regardless of their disability type,” GCOPD emphasised.
The Council concluded by expressing support for the banking sector reforms and committing to contribute to the process as it progresses.