The Bank of Ghana (BoG) has ordered all financial institutions in Ghana, including commercial banks and mobile money operators, to immediately cease their remittance partnership with global money transfer service, Taptap Send.

This directive comes as part of an ongoing investigation into the company’s operations and was announced in a statement by the BoG. While the specific reasons for the suspension have not been officially disclosed, the move has raised concerns among many Ghanaians who rely on Taptap Send for international remittances.

The Bank of Ghana (BoG) has ordered a one-month suspension of remittance partnerships with global money transfer service, Taptap Send, effective November 8, 2024.

Read full letter below: