1.0Citi 97.3 FM - Relevant Radio. Alwayshttps://citifmonline.comKojo Akoto Boatenghttps://citifmonline.com/author/kojo/BoG to sanction banks over forex accounts - Citi 97.3 FM - Relevant Radio. Alwaysrich600338<blockquote class="wp-embedded-content" data-secret="6dVEiVEm8h"><a href="https://citifmonline.com/2015/12/bog-to-sanction-banks-over-misclassification-of-foreign-currency-accounts/">BoG to sanction banks over forex accounts</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://citifmonline.com/2015/12/bog-to-sanction-banks-over-misclassification-of-foreign-currency-accounts/embed/#?secret=6dVEiVEm8h" width="600" height="338" title="“BoG to sanction banks over forex accounts” — Citi 97.3 FM - Relevant Radio. Always" data-secret="6dVEiVEm8h" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /*! This file is auto-generated */ !function(c,d){"use strict";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(/[^a-zA-Z0-9]/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),n=d.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),o=new RegExp("^https?:$","i"),l=0;l<n.length;l++)n[l].style.display="none";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute("style"),"height"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if("link"===t.message)if(s=d.createElement("a"),a=d.createElement("a"),s.href=r.getAttribute("src"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener("message",c.wp.receiveEmbedMessage,!1),d.addEventListener("DOMContentLoaded",t,!1),c.addEventListener("load",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf("MSIE 10"),a=!!navigator.userAgent.match(/Trident.*rv:11\./),i=d.querySelectorAll("iframe.wp-embedded-content"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute("data-secret")))r=Math.random().toString(36).substr(2,10),t.src+="#?secret="+r,t.setAttribute("data-secret",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute("security"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:"ready",secret:r},"*")}}}}(window,document); </script> https://citifmonline.com/wp-content/uploads/2015/04/Pix-0056.jpg15906.jpg753500The Bank of Ghana (BoG) has threatened to sanction banks who deliberately misclassify foreign currency denominated accounts. [contextly_sidebar id=”j3qd8lbW7amQeaLDNDY5nQ457XLoGI8B”]According to the central bank’s Governor Dr Henry Kofi Wampah the misclassification of the accounts that is the Foreign Exchange Account (FEA) and Foreign Currency Account (FCA), have resulted in an increasing phenomenon of transfers of foreign […]