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BoG issues directive on dormant and unclaimed accounts


BoG issues directive on dormant and unclaimed accounts

March 4, 2021 at 10:08 AM

The Bank of Ghana has issued a directive on unclaimed balances & dormant accounts for banks and specialized deposit-taking institutions.

The directive seeks to ensure that balances in accounts that have been left unattended to for over a period of time are managed under a special account. The account is referred to as the dormant account register.

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