By | January 17, 2023
How To Open A Bank Account With GCB Bank Limited In Ghana

About GCB Bank Limited In Ghana

GCB Bank Limited formally known as Ghana Commercial Bank is the largest bank in Ghana in terms of total operating assets and share of industry deposits, with 14.2% of total industry deposits.

In August 2017, the Bank of Ghana, the nation’s central bank, announced that it had approved a Purchase and Assumption transaction with GCB Bank Limited for the transfer of all deposits and selected assets of UT Bank and Capital Bank (Ghana) to GCB Bank Ltd.

GCB Bank Ltd is the largest indigenous financial institution in Ghana with over 193 branches. As of December 2021, the bank’s total assets were valued at about GHS9.7billions+, with shareholders’ equity of approximately GHS 1.3billion.

The bank was founded in 1953, with 27 employees, as the Bank of the Gold Coast. Initially, it focused on serving Ghanaian traders, farmers, and business people, who could not obtain financing from the expatriate banks.

In 2013, the bank renamed itself GCB Bank Ltd, with a new brand identity which was launched at the end of 2014. Today, GCB Bank Ltd serves the banking needs of large corporations, parastatal companies, small and medium enterprises as well as individuals. As of December 2021, the bank employs 1,832 staff, in branches distributed in all 16 regions of the Republic of Ghana.

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Types Of GCB Bank Limited Account In Ghana

Savings Account

Standard Savings

Link2home Account

Kidistar & Trust Accounts

Student Account

Current Account.

GCB current account

Link2home account

Foreign currency (fca)

Foreign exchange (fea)

Salary account

Requirements To GCB Bank Limited Account In Ghana

One passport-sized photograph.

Valid photo identity (Passport /Driver’s License / Voter ID).

Proof of residential and postal address (any of the following):

Utility bill

Tenancy agreement

Employer’s reference letter

Charges Involved In Opening GCB Bank Limited Account In Ghana

A GCB Bank, the bank does not charge her client for opening of bank accounts with them. But after processing of the opening of the bank account is completed, the customer is expected to deposit a minimum balance in the account he/she created. This minimum amount ranges from GHC 20 to GHC 200 depending on the account.

How To Open A Bank Account With GCB Bank Limited In Ghana

Walk into any branch of GCB Bank Limited with document listed like utility bills, passport photo Ghana Card Id and talk to the customer service that you want to open an account. The customer service personnel will then refer you to the designated bank official to help you open an account of your choice.

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