bog notice 2025 27 importation exportation foreign currency (from the file; to confirm against the document)
Text as of 2026-09-30
Public law and official guidance, published as research. Not legal, tax or financial advice.
About this law
- Kind
- Notice
- Number
- to confirm
- Issued by
- to confirm
- Country
- Ghana
Where to read it
Text
The law's own text, section by section, as held. Each section has its own link.
1. Applicability / Scope These amended Guidelines shall apply to all travellers entering or leaving Ghana by air, sea, land and any other entry or exit point, and importers.
2. Currency Limits Without Declaration Travellers are permitted to carry up to US$10,000.00 (or its equivalent in any other foreign currency and monetary instruments) without declaration.
3. Declaration Requirements a. Travellers carrying amounts above US$10,000 must declare such funds in full using the official Foreign Currency Declaration Form (FX-5) from the Customs Division of the Ghana Revenue Authority (GRA), indicating the source and purpose of the funds. b. Inbound travellers carrying amounts above US$10,000 must also present proof of declaration of such funds from their port of origin or departure. c. Outbound travellers with more than US$50,000 (or its equivalent in any other foreign currency and monetary instruments) must declare the funds on Form FX-5, and in addition, attach the following required documents: . Endorsed foreign exchange bureau receipt i. Endorsed bank slips evidencing withdrawal or purchase of the foreign currency. d. Importers must provide the following in support of their transactions: 1 PUBLIC i. Endorsed foreign exchange bureau receipt ii. Endorsed bank slips evidencing withdrawal or purchase of foreign currency. iii. Endorsed copies of the following:
1. Valid Import Declaration Form (IDF)
2. Valid Commercial Invoice
3. Contract (if applicable)
4. Penalties for Non-Compliance Failure to declare funds, making of false declaration, or failure to provide relevant required documentation shall result in: a) immediate seizure of the undeclared amount (or monetary instruments); b) fines; or c) criminal prosecution.
5. Monetary instruments include: a. Coins b. Cash/Currency c. Travellers Cheques d. Personal and Cashier Cheques e. Bearer Shares and Bonds f. Money Orders g. Gold/Silver/Precious Stones h. Prepaid Wallets
6. Foreign currency shall not be transported through mail or cargo. Such funds shall be confiscated to the State.
7. These Guidelines shall take effect on September 01, 2025, and shall remain in force until otherwise amended or revoked by the Bank of Ghana. (SGD) AIMEE V. QUASHIE (MS.) 27TH AUGUST 2025 FOR: THE SECRETARY 2