The Bank of Ghana has clarified that earnings by Ghanaian content creators from digital platforms are considered service export proceeds and are permitted under existing foreign exchange regulations.
In a statement, the central bank said payouts from platforms such as X fall within the scope of legitimate cross-border transactions. It explained that such earnings can be received through Foreign Exchange Accounts (FEA) held with banks in Ghana or through local currency accounts, provided all transactions comply with applicable regulatory requirements.
The clarification comes amid concerns from some content creators who have reported challenges in accessing funds earned online. According to the Bank, such difficulties should not normally occur if transactions are processed correctly within the regulatory framework.
“The Bank acknowledges concerns raised by some creators regarding difficulties accessing these funds,” the statement noted, adding that it is actively engaging relevant institutions to identify the source of the issues and ensure prompt resolution.
The central bank further indicated that it would continue consultations with stakeholders as part of efforts to streamline the process and improve access to digital earnings.
Reaffirming its position, the Bank of Ghana said it remains committed to maintaining a stable financial system that supports legitimate international transactions, including income generated from digital platforms classified as service exports.
