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 permitted under existing regulations.
According to the BoG, content creators can receive these earnings through Foreign Exchange Accounts held with banks in Ghana or have them paid into cedi accounts, provided all transactions comply with applicable regulatory requirements.
The Bank also acknowledged concerns raised by some creators regarding difficulties in accessing their funds.
It noted that such challenges should not ordinarily occur when transactions are processed in line with established procedures, stressing that compliance and proper processing remain essential to smooth fund flows.
The BoG said 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,” part of the statement said.
It added that it will continue to engage affected stakeholders while working to maintain a stable and enabling financial system that supports legitimate cross-border transactions, including digital earnings classified as service exports.
