The Bank of Ghana plans to establish new BoG Cash Centres at its regional offices in Ho and Tamale as part of a wider effort to improve access to currency services and strengthen the management of physical cash across the country.
Governor Dr Johnson Pandit Asiama announced the initiative on Thursday, November 12, during the launch of the Ghana Cedi Heritage Series at Bank Square in Accra.
“To bring currency services closer to the people, the Bank plans to establish new Cash Centres at its Ho and Tamale Regional Offices,” he said.
The facilities are expected to support more efficient distribution and handling of banknotes while reducing the distance financial institutions and businesses in the two regions have to travel for some currency services.
Currency processing capacity expands
Dr Asiama said the planned facilities form part of ongoing work to modernise the central bank’s currency infrastructure.
The Bank already operates Currency Processing Centres equipped with advanced systems for sorting and authenticating banknotes and removing worn or damaged notes from circulation.
“Our Currency Processing Centres use advanced banknote processing systems to sort, authenticate, and remove unfit notes from circulation, ensuring that the notes in the hands of the public are clean and genuine.” - Dr Asiama
New software links banks to BoG
The central bank is also deploying its Enterprise Currency Operations Management Software, known as ECOMS, which was developed internally.
The platform connects the Bank of Ghana with commercial banks and is intended to improve coordination and operational efficiency in currency management.
Dr Asiama said physical cash remains important even as digital payments expand, particularly when electronic systems are disrupted by technical failures or cyber incidents.
The Cash Centres therefore form part of a broader strategy to keep cash accessible and dependable while Ghana continues modernising its payment infrastructure.
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