Foreign Exchange (Export Bonus) Regulations, 1971 (L.I. 700)
3. (2) The bonus, which shall be paid in Ghana currency, shall be assessed on the total value of exports computed as the cedi equivalent of the foreign exchange proceeds surrendered to the Bank of Ghana.
(3) The Bank of Ghana or its authorised agents shall upon application by an exporter pay the bonus, which in the 1970—71 and 1971—72 financial year shall be 25 per cent of the value of exports expressed in cedi equivalent.
(4) The exporter shall be paid the bonus upon presentation to the Bank of Ghana or its authorised agents of a photostat copy of the Bank Advice indicating that the foreign exchange proceeds have been duly surrendered to the Bank of Ghana.
(5) Before effecting payment the Bank of Ghana or its authorised agents shall ensure that the export proceeds have actually been repatriated.
Procedure to Follow
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Responsible Institution
28th February Road, Finance Drv, Accra
- Email: info@mofep.gov.gh
- Website: www.mofep.gov.gh
- GPS: GA-144-2024
- Telephone: +233 302 747 197
Relevant Forms to Download
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Online System
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