Regulatory Alerts2021-10-26
Policy Brief – Dud Cheques 2021
The Bank of Ghana issued a revised policy to discourage dud cheque issuance and restore confidence in domestic payments. The framework mandates credit bureau reporting for first-time offenders and central register logging for repeat offences within three years. A third offence triggers a three-year ban on cheque usage and new credit access, with the offender’s name published in national newspapers.
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