The Bank of Ghana wishes to inform all banks and the general public that the old GH¢50 banknotes ceased to be legal tender after SEPTEMBER 30, 2012, and should therefore not be issued to members of the public.

The old GH¢50 banknotes were replaced with the upgraded GH¢50 banknotes introduced on August 21, 2012. However, the old GH¢50 banknotes will continue to be exchanged at all banks and the Bank of Ghana.

Banks are hereby directed to accept the old GH¢50 banknotes for exchange or deposit from the general public after authentication. Thereafter all banks should endeavour to lodge the old GH¢50 banknotes with Bank of Ghana and should ensure that lodgements of the old series are segregated from the upgraded series.