Bank of Ghana staff had a meeting with management on 15th September, 2026 at the office of the MCE at 10:00AM. They mentioned that there is a new development which is the Electronic signature. BOG staff advised that Bank statement should be requested monthly to ensure checks and balances. He also spoke of Real-time and Read-only-Account Access. Print and stamp status-unlike initially without stamp.
One of the key points mentioned was responsible banking, where he advised members to put write-up in order, ensure accuracy in signing, writing to prevent cloning, imitation and impersonation. He also advised that all old account holders should be processed and removed from the system to ensure security. Assembly members Salaries can conviniently be processed by Providing their details(Name, Acct no., Amount…) for payment transfers.
Another very important concern raised was Closing time. They urged members to report earlier before the closing in order to thoroughly process all transactions. On GH CARD, he noted that, it should be verified at every transaction point hence should be on you at any time you're visiting the Bank. He said when you exhaust your cheque book you're allowed to write an official letter instructing cash out.
An officer shared a concern on the Demand for Coins: that businesses not accepting coins as a means of legal tender through business transactions. BOG staff assured that there is a preliminary policy being put in place where the bank will ensure deposit of coins to reduce the unacceptance of then cedi coins.
MCD in his closing remarks expressed that the meeting was an Insightful engagement, appreciated the security measures put in place to ensure our monies are safe- the bureaucracy and all that is necessary.