TAGG Cautions Traders Against Unapproved Methods Of Money Transfers

Executives of Traders Advocacy Group Ghana (TAGG) have expressed great concerns over the fact that some traders and members of the Group are falling victims of losing monies due to unapproved methods of transferring monies for their imports.
In a Press Release issued by TAGG Executives, they are creating awareness for all traders who deal with go-between Agents whose personal banking details are used to receive huge sums of monies from traders through unapproved methods, to desist from doing so when sending or transferring monies to China.
“The (TAGG) secretariat has received numerous of complaints from traders who have had their funds locked up with various Banks in China such as; Industrial and Commercial Bank of China, China Construction Bank, Agricultural Bank of China and among others,” the Release indicated.
They are however urging all traders to use the approved structures set up by the Bank of Ghana through its commercial banks to transfer monies to their genuine suppliers and companies.
“We are by this statement advising all traders in the country to be mindful of these development since travelling to China has become difficult and one cannot easily pursue a matter of such when fallen a victim,” it stated.

-Prosper Agbenyega

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