GSA, BoG Take Revised LOC guidelines to Exporters in Sunyani, Kumasi
The Ghana Shippers’ Authority (GSA) and the Bank of Ghana (BoG) have extended their stakeholder engagements on Ghana’s revised export proceeds regime to the Middle Zone, taking the new Letter of Commitment (LOC) guidelines directly to exporters and other key stakeholders.
The latest engagements, held in Kumasi and Sunyani, provided exporters with an opportunity to understand the revised requirements, clarify issues surrounding the repatriation of export proceeds and raise practical concerns affecting their businesses.
The sessions followed earlier sensitisation engagements held in Accra from 8th to 11th September 2026, as well as subsequent regional sessions in Cape Coast and Takoradi. The engagements brought together Exporters, Freight Forwarders, Customs Agents, commercial banks, Free Zone enterprises and trade associations, including the Association of Ghana Industries (AGI), alongside officials from the Ministry of Finance, GRA Customs Division and Ghana Link Network Services.
Hosted by GSA’s Middle Zonal Office, the engagements formed part of a broader nationwide initiative to take the revised LOC requirements directly to businesses engaged in Ghana’s export trade, complementing engagements with relevant institutions and service providers.
The Letter of Commitment (LOC) is an export document generated through the Integrated Customs Management System (ICUMS) for formal merchandise exports.
It is designed to strengthen the monitoring of export transactions and ensure that proceeds from such transactions are repatriated through the formal financial system.
Opening the Kumasi session, GSA’s Middle Zonal Manager, Mr John Glover, described the Middle Zone as an important commercial and export hub, particularly because of the agricultural and agro-processing activities across the Ashanti and Bono areas.
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