The Bank of Guyana (BoG) is warning financial institutions to desist from asking customers about their political affiliation.

In a circular last week Thursday, the bank said it has come to its attention that customers have been questioned regarding their allegiance with any political party. The document was addressed to lending institutions, money-transfer agencies, cambios, insurance companies, agents, and brokers.

“Please note, the conditions governing the issuance of your licence do not include ascertaining the political persuasion of any customer,” BoG’s Governor, Dr Gobind Ganga, was quoted as saying in the document.

“The Bank hereby directs all licensees to ensure that in the course of conducting businesses, customers are not subjected to matters unrelated to their specific transaction(s) with your institution,” the circular also advised.

The bank informed that failure by institutions to adhere to the directive shall result in appropriate actions being taken.


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