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Rejecting Ghana cedi coins could lead to 3 years' jail term and a fine, BoG warns

By GhanaSummary Newsroom1 min read
Rejecting Ghana cedi coins could lead to 3 years' jail term and a fine, BoG warns

Bank of Ghana logo An image of a handcuff to illustrate and arrest A notice issued on Wednesday, July 22, signed by its secretary, Aimee Vyda Quashie A notice issued on Wednesday, July 22, signed by its secretary, Aimee Vyda Quashie ShareThe Bank of Ghana (BoG) has warned that traders, transport operators, businesses and individuals who refuse to accept Ghana cedi coins as payment could face arrest, prosecution, fines or up to three years' imprisonment under the country's currency laws.

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