The Bank of Ghana (BoG) has warned the public against depositing funds with entities not licensed to take deposits.
The central bank in a statement issued on Thursday, November 8, 2018 and signed by Frances Van-Hein Sackey, Bank Secretary, the entities included Global Coin Community Help International Limited (G.C.C.H), Wealth Drive Ghana Limited (WDG), Devonshire Place Capital Ghana Limited, TCL Markets Ghana Limited, FX-Crypto Traders and Sonsis Susu Services have not been licensed to carry out activities of taking deposits from depositors.READ MORE: First National Bank leads discussion on Ghana’s first Green Bonds
The Bank is therefore warning the public to be careful of deals with these entities as any business done with them would be at the risk of depositors. The Bank of Ghana said it will not be liable for the refund of any deposit lost by a depositor.
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