The Ghana Association of Bankers (GAB) has clarified that customers with foreign exchange accounts can still withdraw US dollars over the counter, contrary to recent claims suggesting otherwise.
The clarification comes after Dr.
Isaac Adongo, a board member of the Bank of Ghana, claimed in a media interview that customers were no longer allowed to access dollar cash from their accounts unless the funds were intended for specific international transactions such as travel or imports.
He said customers were often given the cedi equivalent instead. "You can't just take dollars over the counter from a dollar account; you'll be given the cedi equivalent instead," Dr.
