No Ghana Card, No Financial Transaction Effective 1st July – BoG

Ghana Card

The Bank of Ghana (BoG) has announced that in accordance with its objective to ensuring safety financial system the National Identification Card also known as Ghana Card will be the only identification card for all financial transactions from July 2022.

According to BoG, the public is to note that no other form of identification will be accepted for financial transactions after the effective date.

READ ALSO, Go to IMF for Help – Franklin Cudjoe urges Government

“In furtherance of its objective of ensuring the safety of the financial system, Bank of Ghana pursuant to Regulation 7 of the National Identity Register, 2012 (L.I. 2111), hereby directs that with effect from 1st July, 2022, the Ghana Card shall be the only identification card that will be to undertake transactions at all Bank of Ghana licensed and regulated financial institutions,” the Secretary to BoG, Sandra Thompson disclosed.