The Bank of Ghana (BoG) has announced a revision of the biennial licence renewal fee for all licensed Foreign Exchange Bureaux (FEBs), increasing it from GHS 500 to GHS 2,000.
The central bank made the announcement in a public notice dated October 24, 2025, explaining that the adjustment is part of ongoing regulatory reforms aimed at strengthening sector oversight and ensuring the operational sustainability of foreign exchange services.
The revised fee takes immediate effect and applies to all licensed FEBs. The BoG reminded operators that licence renewals are required every two years and must be submitted at least two months before the expiry of the current licence.
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The directive aligns with Section 10 of the Foreign Exchange Act, 2006 (Act 723), and Paragraph 8 of the Revised Forex Bureau Regulations.
The new fee reflects a 300% increase from the previous amount.
