Procedure
Apply via Agent
Apply In-Person:
- To Apply for Money Lender (Loner) License in Ghana, the applicant has to make an application to the International Trade Administration office.
- The contact link of the International Trade Administration office can be found below. contact link
- Visit the office of International Trade Administration with an application letter for the grant of a license to carry on the business of a Currency Import and Export in Ghana.
- The application should be addressed to the International Trade Administration office in Ghana.
- The applicant has to make sure that he or she has all the required documents that are required for this process to be successful and they can be found under the "Required Documents" section of this page.
- A fee for this procedure is has to be paid as per the authority’s request.
- Attach all the documents with the application letter and submit it to the Director of International Trade Administration.
- After assessing the application and attached documents, International Trade Administration will initially issue an Approval-In-Principle.
- Not later than six months after the grant of International Trade Administration office, the promoters of a proposed bank will receive a formal notification instructing to submit an application for the grant of final license.
- The application should also contain some of the documents in support for the grant of the final license, addressed to the International Trade Administration Department.
- Once the verifications of all the documents and application has been done, the applicant will be informed through phone or email to collect the final license.
- The processing time for this procedure is 7 to 15 days.
Required Documents
- Formal application letter
- Bank account details
- Address of the shop or business (proof of address)
- Education details
- Residential Proof and Identity proof: Residential Certificate issued by Local administration office/ Ghana card / Passport / Driving License / Govt. Id card / Defense ID Card / PAN Card.
- Age proof (birth certificate / school certificate)
- Applicant passport size photograph.
- Affix stamp as advised by authorities if required.
- Proof of fees receipt
Office Locations & Contacts
International Trade Administration
U.S. Commercial Service Ghana
U.S. Department of Commerce
Embassy of the United States of America
No. 24 Fourth Circular Road
Cantonments, Accra
Phone: +233 (0) 30 274 1000
Fax: +233 (0)30 274 1401
General Inquiries: office.accra@trade.gov
Contact link
Eligibility
Applicant must:
- Age 18 years and above (If minors are applying then apply through a guardian).
- Be a Citizen of Ghana.
Fees
- A fee for this procedure is has to be paid as per the authority’s request.
Validity
- Valid for 5 years or as per the period mentioned.
Documents to Use
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Sample Documents
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Processing Time
- The processing time for this procedure is 7 to 15 days.
Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.
Instructions
- Applicants are advised to complete the application form neatly and completely with absolute legibility and appropriateness to avoid rejections.
- Also, all the required documents must be furnished completely.
Required Information
- Applicant particulars
- Contact information
- Qualification details
- Purpose of the license
- Business particulars
- Date of the application
- Signature
- Declaration
Need for the Document
- The Money Lending Act states that no money lender shall carry on the business of money-lending except in the area for which he has been granted a licence.
Enter other informations which might help.
Other uses of the Document/Certificate
Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.
External Links
Others
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