Includes how foreign exchange is managed and implications for U.S. business.
Last Published: 7/27/2017
Since the enactment of the 2006 Foreign Exchange Act, there are no restrictions on payments for goods and services being imported into Ghana. However, banks must submit reports of all payment transactions to the Bank of Ghana. Residents and non-residents are permitted to maintain Foreign Exchange Accounts with local banks. Importers are allowed to undertake imports through direct transfer from this account up to $50,000 without pre-submitting documentation (an increase from $25,000, implemented in 2014).  Foreign exchange bureaus are in operation throughout Ghana.

 

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Ghana Market Access Foreign Exchange