BoG warns the public against the use of these unapproved money transfer organizations

The Bank of Ghana has warned the people of Ghana not to use the services of some ten money transfer organisations.

According to the central bank, these money transfer organisations are not approved to operate within the remittance and Ghana Forex Market.

A statement issued by the Central Bank on Friday, June 27, said that the Public, Banks, Dedicated Electronic Money Issuer (DEMI) and Enhanced Payment Service Providers (EPSP) are by this Notice cautioned to desist from dealing with any of these institutions.

The money transfer organisations are:

1. ACE MONEY TRANSFER
2. REMIT UNION
3. REMIT HOME
4. ROZE REMIT
5. MONTY GLOBAL
6. NAIRAGRAM
7. I-TRANSFER
8. HURUPAY
9. EVERSEND
10. IZI SEND

Source: MyNewsGh.com

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