I am Mrs. Doris Dadzie the Secretary- International Monetary Fund/The Bank of Ghana Consumer Banking Operations and Foreign Payments/Remittances.
Please note that The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries.
The global financial system (GFS) is a financial system consisting of institutions and regulators that act on the international level, as opposed to those that act on a national or regional level. The main players are the global institutions, such as International Monetary Fund and Bank for International Settlements, national agencies and government departments, e.g., central banks and finance ministries, and private institutions acting on the global scale, e.g., banks and hedge funds.
In addition to the above, The Currency and Foreign Transactions Reporting Act,1 also known as the Bank Secrecy Act (BSA), and its implementing regulation, 31 CFR 103, is a tool the U.S. government uses to fight drug trafficking, money laundering, and other crimes. Congress enacted the BSA to prevent banks and other financial service providers from being used as intermediaries for, or to hide
the transfer or deposit of money derived from, criminal activity. The Office of
the Comptroller of the Currency (OCC) monitors national bank compliance
with the BSA and 31 CFR 103.
I am using this opportunity to bring to your notice that since the International Monetary Fund (IMF) has mandated Central Banks to pay all the long overdue outstanding payments to foreign contractors, and the non compliance of this order has led to corruption and fraudulent activities on foreign contractors by unscrupulous individuals who claim to be in the right position to pay the affected foreign contractors.
Congress has amended the BSA a number of times to enhance law enforcement effectiveness in making sure that all these long overdue payments are made to the affected foreign contractors but no genuine actions have been taken so far.
It is in this direction that the International Monetary Fund (IMF) has delegated the Bank of Ghana to pay only Twenty (20) foreign contractors a compensational amount of US$1,500,000.00, One Million Five Hundred Thousand US Dollars due to the non availability of sufficient fund in the treasury.
Considering the numerous outstanding foreign Contractors awaiting their payments, the Central Bank of Ghana has been mandated by the International Monetary Fund to approve and pay only twenty (20) foreign contractors the total sum of US$1,500,000.00 for each foreign contractor.
The information contained in this document is sought pursuant to Sections 5318(j) and 5318(k) of Title 31 of the FRG Code, as added by sections 313 and 319(b) of the FRG PATRIOT Act of 2001 (Public Law 107-56).
1.1You should give us instructions in writing providing your personal details and the recipients name, address, ID type/number and account number. Generally we cannot change or stop an instruction you give (unless it is in writing within few hours of receipt) because we start processing instructions when we receive them. If we are able to cancel your instruction we may make a charge.
1.2 Before we can act on instructions given to us we will agree on security procedures with you. By "security procedures" we mean the use of a personal identifier, secret question and answer.
1.3 You must tell us as soon as you can if you think someone else may know the security procedures. Until you tell us, you will be responsible for all instructions that we receive and act on even if the instruction was not given by you.
1.4 We can refuse to act on any instruction if: we have a good reason for thinking that you did not give us the instruction; or the instruction is not clear; or we believe that by carrying out the instruction we might break a law, regulation, code or other duty which applies to us.
1.5 To make an international payment, we may have to send payments through another paying bank, and if this is the case, we will use a paying bank that is either chosen: by us; or by a bank in the country the payment is being sent to and/or in the country whose national currency is being sent.
1.6 If we have to make an international payment through another bank, we will give you an indication of the date on which the payment should be received by that bank. This does not mean that the person the payment is being sent to will receive the payment on the same day. This will depend on the banking practice of the country concerned.
1.7 In making an international payment we are acting for you. You will have to comply with any relevant local laws and you agree to hold us harmless against all obligations and responsibilities we incur as a result of acting for you.
1.8 We reserve the right to charge for additional services and to vary interest rates and charges from time to time in accordance with Bank of Ghana Regulations. Variations in interest rates and charges can be done without recourse to you i.e. the customer.
NOTE: Due to the numerous complaints we have received about fraudulent activities from some individuals who impersonate banks, lawyers and other financial institutions, we can not deal with any third party or someone you may introduce to us. The transaction shall be strictly between you and us because so many foreign contractors have lost huge sums of money to these imposters and fraudsters and this makes impossible for us to deal with any third party.
Please note that we do not have any particular foreign contractor in our list as being qualified for this payment and not every foreign contractor is qualified for this facility as the Bank of Ghana is very strict with the allocation which is based on first come first serve basis and we shall undertake a data check for the confirmation of your identities and background checks on potential beneficiaries before accepting any application as we are sending this letter to all the numerous foreign contractors whose payments have been delayed for a very long time.
What you will do is that as soon as you receive this message, you should immediately forward all your details and credentials to us because this payment is based on first come first serve basis since there are so many foreign contractors awaiting their payment for so many years and we shall include your name in the list because as soon as we receive the first 20 applications, we shall cease to receive further applications.
We shall commence with the processing of your payment as soon as we receive your details and agreement to our Terms and Conditions.
Mrs. Doris Dadzie
(Secretary- International Monetary Fund/The Bank of Ghana
Consumer Banking Operations and Foreign Payments/Remittances )
Direct Line: +233-249385531
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Mrs. Doris Dadzie,
Secretary- International Monetary Fund/The Bank of Ghana Consumer Banking Operations and Foreign Payments/Remittances.
Direct Line: +233-249385531