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BoG suspends five MTOs, sanctions UBA Ghana over forex breaches

Home » Travel » United States » BoG suspends five MTOs, sanctions UBA Ghana over forex breaches

BoG suspends five MTOs, sanctions UBA Ghana over forex breaches

David Ocran 08/09/2025 12:28

The Bank of Ghana (BoG) has suspended the operations of five Money Transfer Operators (MTOs) and the foreign exchange trading licence of United Bank for Africa (UBA) Ghana for one month over regulatory breaches. In a statement issued in Accra on Friday, the Central Bank said the suspension of the MTOs—Taptap Send…

GhanaianTimes
The Bank of Ghana (BoG) has suspended the operations of five Money Transfer Operators (MTOs) and the foreign exchange trading licence of United Bank for Africa (UBA) Ghana for one month over regulatory breaches. In a statement issued in Accra on Friday, the Central Bank said the suspension of the MTOs—Taptap Send…
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