Tag: dormant account holders

Dr. Joseph France, Head of Financial Stability Department at Bank of Ghana

Dormant account owners to lose their funds after 3 years- Dr. France

by M.C

September 2, 2021

The Head of Financial Stability Department (FSD) at the Bank of Ghana (BoG), Dr. Joseph France has averred that dormant account owners will lose their accounts after three years of ...

BoG Issues Directive for Mgt of Dormant Accounts by Banks and SDIs

by thevaultz

March 2, 2021

The Bank of Ghana (BoG) has issued directive to guide regulated financial institutions to establish processes and procedures for reclaim of funds by Dormant Account Holders. This is to reinforce the ...