The Bank of Ghana (BoG) has clarified that its existing foreign exchange withdrawal rules remain unchanged, addressing recent public confusion.
In a public notice dated Thursday, May 15, the central bank confirmed that over-the-counter (OTC) cash withdrawals from Foreign Exchange Accounts (FEA) and Foreign Currency Accounts (FCA) are still allowed.
BoG also noted that non-account holders can still purchase foreign exchange for travel, but the limit remains at US$10,000 per person per trip, subject to valid passport, visa, and confirmed travel ticket—requirements outlined in BoG Notice BG/GOV/SEC/2014/09.
The notice further affirmed that cheques and cheque books may continue to be issued on both FEA and FCA accounts.
“The Bank has not contemplated reviewing these existing measures,” the statement emphasized, urging the public to disregard any contrary claims circulating.
