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Laws of Ghana

Notice on Extension Period for Letter of Commitment – LOC (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. [Skip to content](#content) [![](https://www.bog.gov.gh/wp-content/uploads/2020/08/bog-logo-retina.png)](https://www.bog.gov.gh) - [](https://www.bog.gov.gh/) Browse ** - [Bank Notes & Coins](https://www.bog.gov.gh/bank-notes-coins/) - [Monetary Policy](https://www.bog.gov.gh/monetary-policy/) - [Supervision & Regulation](https://www.bog.gov.gh/supervision-regulation/) - [Economic Data](https://www.bog.gov.gh/economic-data/) - [Downloads](https://www.bog.gov.gh/downloads/) - [Resolution](https://www.bog.gov.gh/resolution/) ** Menu - [Bank Notes & Coins](https://www.bog.gov.gh/bank-notes-coins/) - [Monetary Policy](https://www.bog.gov.gh/monetary-policy/) - [Supervision & Regulation](https://www.bog.gov.gh/supervision-regulation/) - [Economic Data](https://www.bog.gov.gh/economic-data/) - [Downloads](https://www.bog.gov.gh/downloads/) - [Resolution](https://www.bog.gov.gh/resolution/) - [Ghana Petroleum Funds](https://www.bog.gov.gh/ghana-petroleum-funds/) - [FinTech & Innovation](https://www.bog.gov.gh/fintech-innovation/) - [Treasury and the Markets](https://www.bog.gov.gh/treasury-and-the-markets/) - [Payment Systems](https://www.bog.gov.gh/banking-and-payments-system/) - [Publications](https://www.bog.gov.gh/publications/) - [External Links](https://www.bog.gov.gh/external-links/) ** Menu - [Ghana Petroleum Funds](https://www.bog.gov.gh/ghana-petroleum-funds/) - [FinTech & Innovation](https://www.bog.gov.gh/fintech-innovation/) - [Treasury and the Markets](https://www.bog.gov.gh/treasury-and-the-markets/) - [Payment Systems](https://www.bog.gov.gh/banking-and-payments-system/) - [Publications](https://www.bog.gov.gh/publications/) - [External Links](https://www.bog.gov.gh/external-links/) [About Us](#) ** [About the Bank](https://www.bog.gov.gh/about-the-bank/) [Governors & Deputies](https://www.bog.gov.gh/governors-deputies/) [Governance](https://www.bog.gov.gh/governance/) [Organisational Structure](https://www.bog.gov.gh/organisational-structure/) [Disclaimer](https://www.bog.gov.gh/disclaimer/) [News & Media](#) ** [News](https://www.bog.gov.gh/all-news-page/) [Notices](https://www.bog.gov.gh/notice/) [Speeches](https://www.bog.gov.gh/speeches/) [Financial Literacy](https://www.bog.gov.gh/financial-literacy/) [Careers](https://www.bog.gov.gh/careers/) [Contact Us](https://www.bog.gov.gh/contact-us/) ** ** ** [![](https://www.bog.gov.gh/wp-content/uploads/2020/08/bog-logo-retina.png)](https://www.bog.gov.gh) ** ** ** ** ** [Browse](https://www.bog.gov.gh/#) ** [Bank Notes & Coins](https://www.bog.gov.gh/bank-notes-coins/) [Monetary Policy](https://www.bog.gov.gh/monetary-policy/) [BoG Database Portal](https://www.bog.gov.gh/economic-data/) [Payment Systems](https://www.bog.gov.gh/banking-and-payments-system/) [Supervision & Regulation](https://www.bog.gov.gh/supervision-regulation/) [Treasury and the Markets](https://www.bog.gov.gh/treasury-and-the-markets/) [Publications](https://www.bog.gov.gh/publications/) [Downloads](https://www.bog.gov.gh/downloads/) [Resources](https://www.bog.gov.gh/resources/) [About Us](https://www.bog.gov.gh/#)

  2. ** [About the Bank](https://www.bog.gov.gh/about-the-bank/) [Governors & Deputies](https://www.bog.gov.gh/governors-deputies/) [Governance](https://www.bog.gov.gh/governance/) [Organisational Structure](https://www.bog.gov.gh/organisational-structure/) [Disclaimer](https://www.bog.gov.gh/disclaimer/) [News & Events](https://www.bog.gov.gh/#) ** [News](https://www.bog.gov.gh/all-news-page/) [Notices](https://www.bog.gov.gh/notice/) [Speeches](https://www.bog.gov.gh/speeches/) [Careers](https://www.bog.gov.gh/careers/) [Contact Us](https://www.bog.gov.gh/contact-us/) ## NOTICE [Home](https://www.bog.gov.gh/ "Home") ** [Notices](https://www.bog.gov.gh/notice/ "Notices") ** Notice on Extension Period for Letter of Commitment – LOC ![](https://www.bog.gov.gh/wp-content/uploads/2019/05/BoG-Logo-Final-01-1024x1024.png) # Notice on Extension Period for Letter of Commitment – LOC Pursuant to Section 15(4) of the Foreign Exchange Act, 2006 (Act 723), and Notice No. BG/GOV/SEC/2016/03 on Rules on Repatriation of Export Proceeds, the Bank of Ghana hereby issues this directive to introduce a structured framework to limit the number of extensions granted for Letters of Commitment (LOC). [](https://www.bog.gov.gh/wp-content/uploads/2025/10/NOTICE-NO.-BG-GOV-SEC-2025-34-NOTICE-Notice-on-Extension-Period-for-Letter-of-Commitment-LOC.pdf) **Download **Download [ ** September 17, 2026 ](https://www.bog.gov.gh/notice/notice-no-33-national-competitive-tendering-purchase-of-aerial-hydraulic-fire-truck/) ## [Notice No. 33 – National Competitive Tendering – Purchase of Aerial Hydraulic Fire Truck](https://www.bog.gov.gh/notice/notice-no-33-national-competitive-tendering-purchase-of-aerial-hydraulic-fire-truck/) [ ** September 10, 2026 ](https://www.bog.gov.gh/notice/notice-no-32-national-competitive-tendering-supply-installation-and-commissioning-of-uninterrupted-power-supply-and-batteries/) ## [Notice No. 32 – National Competitive Tendering – Supply, Installation and Commissioning of Uninterrupted Power Supply and Batteries](https://www.bog.gov.gh/notice/notice-no-32-national-competitive-tendering-supply-installation-and-commissioning-of-uninterrupted-power-supply-and-batteries/) [ ** September 10, 2026 ](https://www.bog.gov.gh/notice/notice-no-31-national-competitive-tendering-procurement-and-supply-of-vehicles/) ## [Notice No. 31 – National Competitive Tendering – Procurement and Supply of Vehicles](https://www.bog.gov.gh/notice/notice-no-31-national-competitive-tendering-procurement-and-supply-of-vehicles/) [ ** September 10, 2026 ](https://www.bog.gov.gh/notice/notice-no-30-national-competitive-tendering-supply-and-delivery-of-motor-bikes/) ## [Notice No. 30 – National Competitive Tendering – Supply and Delivery of Motor bikes](https://www.bog.gov.gh/notice/notice-no-30-national-competitive-tendering-supply-and-delivery-of-motor-bikes/) [ ** September 8, 2026 ](https://www.bog.gov.gh/notice/notice-no-29-unlicensed-digital-credit-services-providers/) ## [Notice No.29 – Unlicensed Digital Credit Services Providers](https://www.bog.gov.gh/notice/notice-no-29-unlicensed-digital-credit-services-providers/) [ ** September 2, 2026 ](https://www.bog.gov.gh/notice/notice-no-28-national-competitive-tendering-procurement-and-supply-of-letterhead-sheets/)

  3. ## [Notice No.28 – National Competitive Tendering – Procurement and Supply of Letterhead Sheets](https://www.bog.gov.gh/notice/notice-no-28-national-competitive-tendering-procurement-and-supply-of-letterhead-sheets/) #### CONTACT US Bank of Ghana The Bank Square 42 Castle Road Ridge, Accra P. O. Box GP 2674, Accra \+233 30-2666174 – 6 © 2026 Bank of Ghana. All rights reserved. #### browse #### [Bank Notes & Coins](https://www.bog.gov.gh/bank-notes-coins/) #### [Economic Data](https://www.bog.gov.gh/economic-data/) #### [Monetary Policy](https://www.bog.gov.gh/monetary-policy/) #### [Payment Systems](https://www.bog.gov.gh/banking-and-payments-system/) #### [Supervision & Regulation](https://www.bog.gov.gh/supervision-regulation/) #### [Treasury & the Markets](https://www.bog.gov.gh/treasury-and-the-markets/) #### quick links #### [Weekly GOG T-Bills Results](https://www.bog.gov.gh/gog_auction_results/) #### [Weekly BOG Bills Results](https://www.bog.gov.gh/bog_auction_results/) #### [News Briefs](https://www.bog.gov.gh/news_briefs/) #### [BOG Oracle Portal](http://ois.bog.gov.gh:8040/) #### [PSA Returns](http://psdc.bog.gov.gh/) #### [ORASS Registration Portal](https://orassportal.bog.gov.gh/PublicForm/PublicForm.aspx) #### resources #### [Official Holidays](https://www.bog.gov.gh/official-holidays/) #### [BOG Staff Email](https://outlook.office.com/) #### [New BOG Internet Banking](https://ebanking.bog.gov.gh/) #### [External Links](https://www.bog.gov.gh/external-links/) #### [Unclaimed Balances](https://www.bog.gov.gh/supervision-regulation/unclaimed-balances/) #### search [Facebook **](https://www.facebook.com/thebankofghana) [Twitter **](https://twitter.com/thebankofghana) [Linkedin **](https://www.linkedin.com/company/the-bank-of-ghana) [Youtube **](https://www.youtube.com/channel/UCXaIobuJ_aZSKD7W5KVebOA) [Sitemap](https://www.bog.gov.gh/sitemap/) / [Legal](https://www.bog.gov.gh/legal/) / [Cookies](https://www.bog.gov.gh/cookies/) This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPTReject Privacy & Cookies Policy Close #### Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience. Necessary Necessary Always Enabled Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Non-necessary Non-necessary Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.

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Notice on Extension Period for Letter of Commitment – LOC (from the file; to confirm against the document) · Nelum