BoG revises forex bureau licence renewal fee to GHS2,000
The Bank of Ghana (BoG) has revised the biennial licence renewal fee for all licensed Foreign Exchange Bureaux (FEBs) from GHS500 to GHS2,000.
The central bank announced the adjustment in a public notice dated October 24, 2025, stating that the revision formed part of ongoing regulatory reforms to strengthen oversight and ensure operational sustainability within the sector.
According to the BoG, the revised fee takes immediate effect and applies to all licensed FEBs.
The Bank reminded all FEBs that licence renewals are required every two years and must be submitted at least two months before the current licence expires.
The directive is in accordance with Section 10 of the Foreign Exchange Act, 2006 (Act 723) and Paragraph 8 of the Revised Forex Bureau Regula...