Apply In-Person:

1. To Apply for Money Lending and Savings Institution Licence in Ghana, the applicant has to make an application to the Bank of Ghana.
2. The contact link of the Bank of Ghana can be found below. Contact link
3. Applicant should obtain the application form from BOG
4. The applicant should enter all the details in the application form.
5. Information related to the BOG office and License authority can be obtained from the “Office locations and contacts” section of this page.
6. The applicant has to make sure 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.
7. Payment of appropriate fees should be made and that can be found under the "Fees" section of this page.
8. The completed application should be submit to the respective office.
9. After submission, the application and other documents will be forwarded for examination and verification processes.
10. Once the verification and validation processes are over, the application will be approved and the officials will proceed to take required steps for of the license.
11. When the document is ready to be collected, the applicant will be notified by the office and the applicant can collect it by any applicable means.
12. The processing time for this procedure takes one month.

• Formal application letter
• Work Permit
• Original certificate of incorporation of the company for the new business.
• Tax clearance certificate
• Business Registration certificate
• Original rent receipt and tenancy agreement from the land lord for the new business.
• Original certificate of incorporation of the company for the new business.
• Identification: Passport/ Driving permit/Voter’s card (2 Copies)
• For new business - original certificate of registration (Business name)
• Original trading License for the previous year for already existing business.
• A photocopy of any relevant document

Bank of Ghana
Head Office, Accra
Contact Details:
One Thorpe Road
P.O. Box GP 2674, Accra
GQVV+6J Accra, Ghana
Email: bogsecretary@bog.gov.gh
Phone Numbers: +233-30-2666174 – 6 / +233-30-2666361 – 5 / +233-30-2666902 – 8 / +233-30-2666921 – 5
Fax:+233-30-2662996

Cedi House (Head Office Annex)
Phone Number:+233-30-2665252

Hohoe Office
P.O. Box 116, Hohoe
Contact number: +233-35-2222045/ +233-35-2222122

Kumasi Office
P.O. Box 1989, Kumasi
Phone Numbers:+233-32-2022551/ +233-32-2023944 / +233-32-2024807

Sunyani Office
P.O. Box 598, Sunyani
Phone Numbers:+233-36-2027161 / +233-36-2027260

Tamale Office
P.O. Box 340, Tamale
Phone Numbers:+233-37-2022130 / +233-37-2022664 / +233-37-2022982

Takoradi Office
P.O. Box 532, Takoradi
Contact number: +233-31-2024035 / +233-31-2024372
Contact link
Location link

Applicant must:

• Age: 18 years and above (If minors are applying then apply through a guardian).
• Be a Citizen of Ghana.

Application Fees:

• Grade I - - 487,500 GHS
• Grade II - - 262,500 GHS
• Grade III - 195,000 GHS
• Grade IV - 105,000 GHS

• Valid for 1 year or as per the period mentioned
• Usually the license needs to be renewed annually.

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• The processing time for this procedure is 30 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'.

• 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.

• Applicant particulars
• Contact information
• Qualification details
• Purpose of the license
• Business particulars
• Information if the shareholder has ever been convicted of a criminal offence in Ghana or in any other country.
• List and Particulars of Directors.
• information if you have ever acquired a Licence and state the nature of the Licence, date issued and the Licence number
• Date of the application
• Signature
• Declaration

• To perform business of Money Lending and Savings Institution in Ghana, the organization must obtain a relevant permit from the bank of Ghana.

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Please explain what other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

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