How to fill your GCB cheque book
If you are struggling in filing your Ghana Commercial Bank (GCB) cheque book, then this article is for you. GCB is one of the leading banks in Ghana and as such, it is important to familiarize yourself with their cheque book.
GCB Bank is a leading financial institution in Ghana providing a full range of banking services to their customers and offering accessible financial support wherever it’s needed through helpful service and expert solutions to their cherished customers.
GCB has branches opened across the length and breadth of the nation tapping the potential of all the regions that make Ghana. They have consistently grown and demonstrated their commitment to Ghana over the last six decades and continues to do so for a positive achievement and to make a positive difference in people’s lives.
Imagine issuing for a GCB cheque book but don’t even know how to fill it when necessary. Its such a shame and a waste of resources. Using a cheque book for money withdrawal itself is a big flex.
In this article, we will walk you through the steps of filling out a GCB checkbook, so you can make sure your payments are accurate and secure.
What is cheque book
A cheque book is a document you can issue to your bank, directing it to pay the specified sum mentioned in digits as well as words to the person whose name is borne on the cheque.
How to fill GCB cheque book
First and foremost, you will need to make sure that you have all the necessary information before you start filling out your GCB checkbook. This includes;
- Your account number
- Payee’s name
- Amount to be paid
- Any special instructions related to the payment.
- You should also make sure that there are enough funds in your account to cover the payment
How to fill GCB cheque book
- Write the date in the cheque. This should be done in the top right corner of the cheque and should be written in the format day/month/year.
- Write the name of the person/entity to whom you are giving the cheque to in the ‘Payee’ field. Make sure to spell the name correctly.
- Write the amount of the cheque in words in the ‘Amount in Words’ field. This should be written in words, for eg, “two thousand five hundred Ghana cedis”.
- After that, write the amount of the cheque in figures in the ‘Amount in Figures’ field. This should be written in digits, for eg, “GHS 2500”.
- Write your name in the ‘Drawer’ field. This should be your full name, for eg. Shepherd Yaw Morttey.
- Write your account number in the ‘Account Number’ field. This should be the same account number associated with your GCB cheque book.
- After writing the necessary information in the checkbook, it’s time to sign your checkbook. Before you sign it, make sure that all the information you wrote is correct. Sign your cheque book with your signature to complete the the process.
NB: Make sure that you keep your cheque book secured after deposit. Make sure to record the cheque number, the date it was issued, and the amount of the cheques in your records. This will help you track your payments and ensure that you can easily find the cheque if needed.
Advantages of using cheques
- It is more convenient than carrying cash
- Payments can be stopped if necessary.
- One does not have to count notes and risk making counting mistakes.
- A cheque can be drawn up anytime.
- Some are negotiable and can be endorsed in favour of a third party.
- They can be post-dated.
- They can be traced if lost.
- Can be posted more cheaply.
- A customer is sent a statement at the end of each month.
Disadvantages of using cheques
- Cheques are not legal tender and other
creditors may refuse to accept them.
- They may be valueless if the drawer has no funds in his/her account.
- Depositing cheques into an account is time consuming.
- Cheques are not suitable for small amounts.
- People without bank accounts will be inconvenienced by crossed cheques.
- Banks charges are levied on cheque books and dishonoured cheques.
How do I fill out a cheque book for self withdrawal?
To write a self-cheque, you must include your name as the payee, the amount you want to withdraw or transfer, the date and your signature.
Can I withdraw cheque from any bank?
Go to any branch of the bank that the cheque belongs to and present it for clearance. The bank teller will verify the details on the cheque and clear it. The cheque will be cleared and you will get the cash.
Now, you have successfully filled a GCB cheque book. As you can see, the process is quite simple and straightforward. Following these steps will ensure that you know how to fill out a GCB checkbook correctly. With the right information and a few simple steps, you will be able to make sure your payments are secure and accurate. We hope this article has been informative and that it has helped you to understand the process of filling a GCB cheque book.