Bank of Bahamas to begin providing SandDollar

The Bank of The Bahamas will, starting next month, become the latest authorised financial institution to begin providing SandDollar wallet services to customers in a targeted and phased rollout.

SandDollar is the digital version of the Bahamian dollar, and like cash, it is issued by the Central Bank of The Bahamas through an authorised financial institution.

The Central Bank says it collaborated closely with the Bank of the Bahamas to allow the institution to pilot limited use of the original SandDollar app before this deployment to customers.