Armoured Bullion Vans

BoG Orders Banks To Start Use Of Armoured Bullion Vans For CIT Immediately

BoG Orders Banks To Start Use Of Armoured Bullion Vans For CIT Immediately

Managing Directors (MDs) of all banks have been ordered by the Bank of Ghana to immediately start use of armoured-plated bullion vans for cash movement operations. “Failure to comply with this directive in all cash-related activities across the country shall attract severe sanctions,” a letter from the apex bank to the MDs read in part. The letter dated June 23 and signed by Secretary of the Central Bank Sandra Thompson said the latest directive is to ensure “security of cash-in-transit activities and to underscore the Bank’s commitment to protect the lives of both Security Personnel and Bank Staff involved in…
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Banks Expected To Start Using Armoured Bullion Vans From July 1 – President Of ABOG

Banks Expected To Start Using Armoured Bullion Vans From July 1 – President Of ABOG

The President of the Association of Bullion Operators Ghana (ABOG), Alhaji Iddi Sumaila has said that banks in Ghana are expected to start using armoured bullion vans for cash-in-transit from July 1. He however reveals that some of the banks are yet to finalize the agreement with the ABOG to that effect. “By 1st of July we will see banks using armored vehicles/bullion vans. However, other banks have not finalized the agreement with us,” he told Johnnie Hughes on the Sunrise show on 3FM Friday June 23 regarding the robbery attack on a bullion van at Ablekuma in Accra on…
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