Cedi coin rejection spurs BoG warning nationwide
The Bank of Ghana warned that refusing to accept cedi coins and notes in transactions is an offence punishable by up to three years in prison, a fine, or both, with enforcement by the police. It stressed that all coins in circulation remain legal tender (including pesewa, GH₵1 and GH₵2) and no trader can reject them, with ongoing enforcement and public reporting encouraged.
Finance · 7 sources · Jul 22, 2026Read itThe journal
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About Bank of Ghana
The Bank of Ghana (BoG) is the Central Bank of Ghana. It is located in Accra and was formed in 1957. The Bank of Ghana has Seven Regional Offices in addition to its head office in Accra. The regional offices are located in the following cities, Hohoe, Kumasi, Sunyani, Tamale, Takoradi, Bolgatanga, Wa. The regional offices are responsible for implementing the policies and directives of the Bank of Ghana in their respective regions. They also provide banking services to the government, financial institutions, and the public.
Everything about Bank of Ghana →- Country
- Ghana
- Headquarters
- Accra, Central Accra
- Inception
- 1957
- Website
- http://www.bog.gov.gh/