Learn How To Make Money From Home Using Your Smartphone In 2025
By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
AfricaNews360AfricaNews360
  • Politics
    PoliticsShow More
    Nigeria: President Tinubu inherited an economy in shambles, says Godswill Akpabio
    August 25, 2026
    Ugandan opposition leader Bobi Wine leaves the country after two months of hiding
    March 14, 2026
    Ghanaian Court annuls 2024 Parliamentary Election over irregularities
    November 24, 2025
    The future is African – Ghana President declares at UN Assembly
    September 26, 2025
    Burkina Faso to ‘street honour’ late Ghanaian President Jerry John Rawlings
    May 19, 2025
  • Business
    BusinessShow More
    Coronavirus disease 2019
    August 4, 2026
    President Bola Tinubu.
    Nigeria: FG overshoots borrowing limit as new debt reaches N12.62tn
    July 29, 2026
    South Africa’s Ramaphosa meets World Bank chief to advance new five-year partnership
    June 7, 2026
    Ghana targets major Economic Policy shift
    May 1, 2026
    President Donald Trump, left, and Chinese President Xi Jinping, right, pose for photo before their US-China summit at Gimhae international airport in Busan, South Korea, on October 30, 2025 [Mark Schiefelbein/AP Photo]
    Trump says China’s Xi Jinping agreed to accelerate purchases of US goods
    November 26, 2025
  • Showbiz
    ShowbizShow More
    Davido releases ’10 Kilo’ Music Video
    August 13, 2025
    Nigerian Star Davido’s Foundation supports 500 orphanages in annual Charity drive
    February 13, 2025
    Nigerian president Tinubu celebrates Nollywood icon Nkem Owoh ‘Osuofia’ at 70
    February 8, 2025
    Burkina Faso’s Bissa music sensation Eunice Goula drops new Banger ‘Mariage’
    September 25, 2024
    Kenya’s president hosts national music festival
    August 16, 2024
  • Sports
    SportsShow More
    Haruna Adamu makes history as first Ghanaian elected PANASA President
    October 25, 2026
    Gambia stun Ghana in four-goal comeback in Accra
    September 29, 2026
    Ghana head coach Carlos Queiroz names 24-man squad for AFCON Qualifiers and Morocco friendly
    September 19, 2026
    Cameroonian clubs want Samuel Eto’o investigated over graft allegations
    September 17, 2026
    2027 Afcon Qualifiers: Hervé Renard announces strong Ivory Coast squad for Ghana clash
    September 17, 2026
  • Biographies
    BiographiesShow More
    Michael Gallup Bio, Age, Net Worth, Height, Parents, Siblings, Wife, Children
    July 25, 2024
  • Columns
    ColumnsShow More
    Ghana Government does not subsidize Hajj Pilgrims: Debunking the myth with facts
    March 7, 2025
    Full Speech: South African president’s address at first G20 Foreign Ministers’ meeting 2025
    February 22, 2025
    Ing. Abdullah Mohammed Billey: The Ghanaian road expert victimised for political reasons by the ousted Government
    February 3, 2025
    Ghana President Mahama’s speech at Africa Prosperity Dialogues 2025
    February 2, 2025
    An American opinion on the impending NDC Government structure
    December 17, 2024
  • Travel
    TravelShow More
    Ghana’s Tourism Minister commends Emirates at grand opening of Travel Store
    May 15, 2025
    Thousands of Ethiopian diaspora heed PM’s call to ‘come home’
    May 2, 2024
    Malawi and Ghana sign visa waiver agreement to enhance bilateral ties
    March 21, 2024
    Ghana signs visa waiver agreement with Bahamas
    February 22, 2024
    Malawi scrapes visa restrictions for 79 countries
    February 9, 2024
  • Editorial
    EditorialShow More
    FEATURE: Kigali City- A glittering jewel of Africa
    September 2, 2023
    All eyes on INEC as Nigeria decides
    February 26, 2023
    Feed Africa Summit: Continent Plans to Achieve Zero Hunger by 2030
    January 25, 2023
    Africa must speak with one voice at COP27
    November 8, 2022
    Nigerian headteacher sentenced to death after pupil’s murder
    July 28, 2022
  • World
    WorldShow More
    UK and Nigeria sign agreement to speed up deportation
    March 20, 2026
    Robert Prevost
    American prelate Robert Prevost elected New Pope
    May 9, 2025
    Rwanda cuts diplomatic ties with Belgium amid Congo conflict tensions
    March 17, 2025
    ICC issues arrest warrants for Israel’s Benjamin Netanyahu, Ibrahim Al-Masri
    November 21, 2024
    Voting underway in US as Donald Trump faces Kamala Harris for presidency
    November 5, 2024
Reading: No Ghana Card-Bank account linkage, no withdrawal – BoG to customers
Share
Notification Show More
Latest News
Haruna Adamu makes history as first Ghanaian elected PANASA President
October 25, 2026
Gambia stun Ghana in four-goal comeback in Accra
September 29, 2026
Ghana head coach Carlos Queiroz names 24-man squad for AFCON Qualifiers and Morocco friendly
September 19, 2026
Cameroonian clubs want Samuel Eto’o investigated over graft allegations
September 17, 2026
2027 Afcon Qualifiers: Hervé Renard announces strong Ivory Coast squad for Ghana clash
September 17, 2026
Aa
AfricaNews360AfricaNews360
Aa
  • Technology
  • Science
  • Education
  • Health
Search
  • Topics
    • Business
    • Columns
    • Gossip
    • News
    • Politics
    • Showbiz
    • Fashion
    • Climate
    • World
    • Videos
Have an existing account? Sign In
Follow US
AfricaNews360 > Business > Finance > No Ghana Card-Bank account linkage, no withdrawal – BoG to customers
BusinessFinance

No Ghana Card-Bank account linkage, no withdrawal – BoG to customers

Posted V July 1, 2022 3 Min Read
Updated 2022/07/01 at 9:33 PM
SHARE

The Head of Financial Stability at the Bank of Ghana, Dr. Joseph France, has said customers cannot withdraw their funds from banks if they have not linked their Ghana cards to their bank accounts.

He added that these accounts without the Ghana card linkage can, however, receive deposits.

Speaking on JoyNews’ PM Express Business Edition, Dr France noted that customers can link their Ghana card to their bank accounts anytime they wish as the exercise is not time bound.

“The position is that you cannot transact banking, you cannot be involved in banking activity from July 1. And so what it means is that you cannot go and withdraw money from your bank if you haven’t linked your Ghana card to your account,” he said.

RECOMMENDED FOR YOU  Urgent action required to address early distress signs in banks - Bank of Ghana

“However, there is no expiry date to when you can do so. So there’s an expiry date to when you can transact business, but there’s no expiry date to when you can link your account to your Ghana card. So you go tomorrow, you want to withdraw from your account, if you haven’t linked your account to your Ghana card, you won’t be able to withdraw, but you’d have the opportunity to link your Ghana card to your account then you withdraw,” head of Financial Stability at the Bank of Ghana stated.

RECOMMENDED FOR YOU  Ghana’s debt stock up ¢9bn to ¢402.4bn in July 2022 – BoG

Meanwhile, the Economic and Organized Crime Office (EOCO) has cautioned Ghanaians to be extremely careful whiles linking their Ghana cards with their bank accounts as fraudsters have taken advantage of the exercise.

It noted that fraudulent messages have been sent to individuals requesting them to click on links to update their records.

Some Ghanaians were also asked to provide their bank account names, mobile numbers, mobile app PINs, one time password in order to update their records.

EOCO has advised the public to not click on any link purporting to be emanating from their respective bank unless the banks confirm it.

RECOMMENDED FOR YOU  IMF: Staff level agreement to be reached within the shortest possible time - Ghana Finance Ministry

In a press release sighted by GhanaWeb, it said, “Fraudsters have taken advantage of the ongoing call on customers of bank to link their accounts to Ghana Card. Regarding the bank fraud, the fraudulent messages are sent to individuals requesting them to click on links in order to update their bank records.”

“Customers are therefore asked to provide their bank account names, Mobile numbers, Mobile App PIN, One Time Password. Some daring fraudsters even make phone calls to members of the public to request for the aforementioned information…Do not click on any link purporting to be emanating from your bank unless you have confirmed from your bank,” EOCO warned.

RSS EDITORS’ SUGGESTIONS

TAGGED: Bank of Ghana, Dr. Joseph France
SOURCES: ghanaweb.com
V July 1, 2022
Share this Article
Facebook Twitter Whatsapp Whatsapp LinkedIn Telegram Email Print
Previous Article “You’re not exempted”– RTI Commission fines Ghana Police Service GH¢ 50,000
Next Article Those who take you to IMF cannot break the 8 – Kennedy Agyapong

Latest on AfricaNews360

  • Haruna Adamu makes history as first Ghanaian elected PANASA President
  • Gambia stun Ghana in four-goal comeback in Accra
  • Ghana head coach Carlos Queiroz names 24-man squad for AFCON Qualifiers and Morocco friendly
  • Cameroonian clubs want Samuel Eto’o investigated over graft allegations
  • 2027 Afcon Qualifiers: Hervé Renard announces strong Ivory Coast squad for Ghana clash

More recommendations for you

  • Kelvin Yeboah scores as Minnesota United stage comeback victory over Sporting Kansas City
  • Christopher Ennin delighted with Port City’s impressive start to Premier League campaign
  • Medeama determined to secure positive result against Asante Kotoko – Ibrahim Tanko
  • Kamaldeen Sulemana returns from injury as Atalanta draw with Fiorentina
  • Kelvin Ofori scores as Atromitos cruise to Greek Cup victory over Volos

Latest on AfricaNews360

  • Haruna Adamu makes history as first Ghanaian elected PANASA President
  • Gambia stun Ghana in four-goal comeback in Accra
  • Ghana head coach Carlos Queiroz names 24-man squad for AFCON Qualifiers and Morocco friendly
  • Cameroonian clubs want Samuel Eto’o investigated over graft allegations
  • 2027 Afcon Qualifiers: Hervé Renard announces strong Ivory Coast squad for Ghana clash

You Might Also Like

Coronavirus disease 2019

August 4, 2026
President Bola Tinubu.
BusinessTop Stories

Nigeria: FG overshoots borrowing limit as new debt reaches N12.62tn

July 29, 2026
BusinessTop Stories

South Africa’s Ramaphosa meets World Bank chief to advance new five-year partnership

June 7, 2026
BusinessJob Creation

Ghana targets major Economic Policy shift

May 1, 2026
  • Bereavement
  • Debt Management
  • Finance
  • Job Creation
  • Small Business
  • Climate
  • Bereavement
  • Debt Management
  • Finance
  • Job Creation
  • Small Business
  • Climate
  • Education
  • Fashion
  • Health
  • Rights
  • Science
  • Sanitation
  • Education
  • Fashion
  • Health
  • Rights
  • Science
  • Sanitation
  • Mobilisation
  • Secondary Education
  • Celebrity News
  • Tertiary Education
  • Culture
  • Security
  • Mobilisation
  • Secondary Education
  • Celebrity News
  • Tertiary Education
  • Culture
  • Security

Archives

  • Corruption
  • Creed
  • Athletics
  • Basketball
  • Boxing
  • Formula 1
  • Rugby
  • Soccer
  • Tennis
  • Minning
  • Gaming
  • Technology
AfricaNews360AfricaNews360
Follow US

© 2024 - AfricaNews360 | All rights reserved.

  • About
  • Advertise with us
  • Contact

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?