BoG: Over-the-Counter Dollar withdrawals still permitted.

The Bank of Ghana (BoG) has clarified that there is no ban on over-the-counter (OTC) cash withdrawals in foreign currency from bank accounts, amid public speculation and political commentary about a possible clampdown on dollar access in the country.

In an official notice issued on Thursday, May 15, the Central Bank reaffirmed that withdrawals in foreign currency remain permissible under Ghana’s existing foreign exchange regulations.

“Over-the-counter (OTC) cash withdrawals in foreign currency from Foreign Exchange Accounts (FEA) and Foreign Currency Accounts (FCA) are allowed,” the Bank of Ghana stated.
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