The Bank of Ghana (BoG) has reminded the public that individuals who repeatedly issue dud cheques face a three-year ban from issuing fresh cheques.
The report indicates that the Bank of Ghana (BoG) has reminded the public that individuals who repeatedly issue dud cheques face a three-year ban from issuing fresh cheques.
It further notes that such persons will be denied access to new credit facilities within the banking and financial system.
The reminder was contained in revised regulatory directives issued by the central bank on June 24, 2026.
BoG, however, clarified that affected customers would still be allowed to receive funds into their accounts and carry out other electronic transactions.
“All Banks and Specialised Deposit Taking Institutions will be notified about this ban,” the notice stated.
The central bank added that banks and SDIs must notify affected customers within five working days after receiving notice of the ban and recall all unused cheque books.
BoG also stated that it will publish the names of customers who become third-time offenders.
Customers who fail to return unused cheque books within ten working days will be reported to the Bank of Ghana.
Such customers will face an additional restriction from operating current accounts and will be placed on a high-risk list of cheque issuers to be maintained by the central bank.
According to BoG, the revised directive became necessary because, despite earlier directives issued in March 2021 and October 2025, it has “observed with grave concern the high issuance of dud cheques by some customers of Banks and Specialised Deposit-Taking Institutions (SDIs).”
The central bank stated the development has undermined public confidence and acceptance of cheques as a means of payment.
To address the problem and sustain confidence in the payment system, BoG has reissued the directive with some revisions.
The new directive takes immediate effect and supersedes previous ones issued in 2021 and 2025.
Under the revised framework, banks and SDIs must impose a levy equivalent to 10 per cent of the face value of a dud cheque issued for the first time and issue a warning notification to the customer.
