The Bank of Ghana (BoG) has cautioned the public against the improper handling and use of Ghana cedi notes and coins, warning that offenders could be arrested and prosecuted.
The central bank said individuals who abuse, deface or deliberately damage the national currency risk facing sanctions, including fines and imprisonment.
The warning follows growing practices at social events where banknotes are sprayed, thrown onto the ground, stepped on or used to create decorative items such as money bouquets and jewellery.
In a public notice, the BoG described these practices as improper, saying they compromise the quality, functionality and dignity of Ghana’s currency.
The Bank specifically raised concerns about the use of cedi notes to create money bouquets for weddings, birthdays, graduations and other celebrations, stressing that such practices are contrary to the law.
The BoG also warned against tearing, crumpling, staining, soiling, writing on, cutting or otherwise damaging banknotes and coins.
Other prohibited practices include using images of Ghanaian currency without authorisation from the central bank and trading coins above their face value.
According to the BoG, Ghana’s banknotes and coins are issued solely as legal tender and must be handled responsibly to preserve their condition and usability.
The central bank noted that significant resources are invested in producing and maintaining the country’s currency and urged the public to help protect its integrity.
The BoG further disclosed that it is collaborating with law enforcement agencies to intensify monitoring and take action against individuals who engage in prohibited currency-related activities.
It therefore urged individuals, businesses and institutions to handle Ghana cedi notes and coins responsibly and report suspected violations to the appropriate authorities.
