The Bank of Ghana (BoG) has clarified that earnings received by Ghanaian content creators from digital platforms are to be treated as service export proceeds under the country’s foreign exchange framework.
In a statement, the central bank explained that payouts from platforms such as X and other digital channels qualify as legitimate cross-border inflows and are permissible under existing regulations.
According to the Bank, content creators can receive these earnings through Foreign Exchange Accounts held with banks in Ghana or have them paid into cedi accounts, provided transactions comply with all applicable regulatory requirements.
The central bank also acknowledged operational challenges reported by some creators in accessing their funds.
It noted that such difficulties should not typically arise when transactions are processed in line with established procedures, indicating that compliance and processing standards remain central to smooth fund flows.
The Bank of Ghana says it is engaging financial institutions and other stakeholders to identify the source of the challenges and ensure a timely resolution.
“The Bank acknowledges concerns raised by some creators regarding difficulties accessing these funds. When transactions are processed correctly, such challenges should not ordinarily arise. The Bank appreciates the feedback received from affected persons. BoG is actively reviewing the matter and engaging with relevant institutions to identify the source of the issues and ensure prompt resolution.
“The Bank will continue to engage affected stakeholders throughout this process. The BoG remains committed to maintaining a stable and enabling financial system that supports legitimate cross-border transactions, including digital platform earnings classified as service exports,” part of the statement read.
