Tariff Guide 2023 Terms and conditions may apply

Please note that all tariffs are VAT exclusive

CORPORATE BANKING
1. Current Account Current Tariffs 5. Visa Card 10. Letters of Credit 12. Export L/Cs
Opening (Initial Deposit) 500.00 . Cash
(A) CashCovered (Sight/Usance)
Covered
Issuing Advising
Monthly Current A/c Service Fee 1.8/mille Min GH¢100.00
Establishment Fee 1.0% flat
Minimum Operating Balance N/A Debit 35.00
Foreign Currency Account [maintenance fees USD] US$ 20 LC Commission 0.25% / Qtr [Min $200, Customers GHS 200
PIN re-issue 2.00 EUR 160, GBP 140]
Withdrawal FCA [Non cash funded account] 3% Non Customers $100
GCB CARD ON GCB ATMS Free Drawings 0.5% [Min $100, EUR 80, GBP 70 ]
External Unutilised L/C Commission $100
2. Cheque Books GCB Cards on Other Banks’ ATM 10.00 Increase in Amount 1% flat on the additional amount
Extension of Expiry Date 0.25% pq or part thereof Cancellation $100 + SWIFT
Cedi Other Local Banks’ Card on GCB ATMs N/A
50 leaflets 25.00 (B) Non-Cash Covered - Sight
Other International Banks’ Card on GCB ATMs (Access Fee) 36.00 Bill Discounting To be Negotiated
100 leaflets 50.00 Establishement Fee 1.5% flat
Over the counter cheque leaflet 6.00 Monthly Service Fee Free LC Commission 0.75% / Qtr [Min $200, EUR 160,
Foreign account (GBP, USD, EURO) Courier Min $100
GBP 140]
50 leaflets £/$/€ 10
Replacement/ Renewal (Lost /Damaged/Stolen) 35.00 Negotiation
Drawings 0.5% [Min $100, EUR 80, GBP 70]
100 leaflets £/$/€ 20 Mini Statement Fee on GCB ATM (Optional) Free Commission 0.5% [Min $30, EUR 25, GBP 20]
Fast Track Cheque Book: Increase in L/C Amount 1.5% flat on the additional amount
50 leaflets 50.00 Handling Commission 0.25%, min $100, EUR 80, GBP 70
ATM Receipt Fee (Optional) Free Extension of Expiry Date 0.75% pq or part thereof
100 leaflets 100.00 Handling Commission for Bank's Benefit N/A
Withdrawal on ATMs Outside Ghana 3.50% (C) Non-Cash Covered – Usance
3. Internet Banking Amendments
Secure Code Enrolment fees (once off payment charged 36.00 Establishment Fee 1.5% flat
1. Sign on Free Extension of Unutilized L/C $30
at the end of the 1st quarter) LC Commission 1.0% / Qtr [Min $200, EUR 160,
2. Month Service Fee Free
3. Intra Bank Transfers Via Internet Free GBP 140]
4. Inter Bank Transfers Via GIS 12.00 Drawings 0.5% [Min $100, EUR 80, GBP 70] 13. Documentary Collections (Imports)
5. Same Day Inter Bank Transfer (In-Branch)
Increase in L/C Amount 1.5% flat on the additional amount Settlement Commission - Customer's Documents 0.75% [Min $30, EUR 25, GBP 20]
Up to 500 3.00
Extension of Expiry Date 1.0% pq or part thereof Settlement Commission - Non-Customer's Documents 1.0% [Min $30, EUR 25, GBP 20]
501 - 1500 6.00
1501 - 5000 12.00 Up to 360 days (For LC Maturities beyond Expiring Date) -USANCE 0.25% of face value per quarter or Handling Charges $30
5001 - 10000 17.00 part thereof
Tracer Charges N/A
10001 And Above 25.00 Above 360 days (For LC Maturities beyond Expiring Date) - USANCE 0.50% of face value per quarter or
Transfer of Documents To Other Banks GHS200.00
6. Inter Bank Transfer - Express 30.00 part thereof
(D) Others SWIFT Charge $30, EUR25, GBP15
7. Inter Bank Transfer - Instant
Swift Charge $30, EUR25, GBP15
Up to 50 0.5 General Amendment ($50.00, EUR 40, GBP 35) + SWIFT
6. UPI Card
51 - 200 2.00 Discrepancy $100.00, EUR 80, GBP 70 14. Other Trade Payments & Services
201- 500 5.00 Other Local Bank's Card on GCB ATMs Free L/C Cancellation Commission $100, EUR 80, GBP 70 + SWIFT
501 - 1000 7.00
Expired & Unutilized L/C N/A Advance Payment Commissionn 1% [ Min $30, EUR 25, GBP 20]
Above 1000 10.00 Other International Banks’ Card on GCB ATMs (Access Fee) 190.00
Recall of funds N/A
Mini Statement Fee on GCB ATM (Optional) 1.00 Offshore L/C Confirmation Commission Per Correspondent Bank Charges Transfer Commission for payment of services 1% [ Min $30, EUR 25, GBP 20]
Balance Enquiry on GCB ATMs 1.00 Local L/C Confirmation Commission 1% per annum
4. Corporate MasterCard
Payment Charges (when GCB Reimburses) $200.00 plus SWIFT charges Open Account (Foreign account) 0.5% [ Min $30, EUR 25, GBP 20]
ATM Receipt Fee (Optional) Free
Issuing
Debit 35.00 11. Bonds & Guarantees
7. SMS Banking
PIN re-issue 2.00 Foreign Open Account (local / forex currency account) 0.75% [ Min $30, EUR 25, GBP 20]
GCB Card on GCB ATMS Free
. CashAlerts
Mobile CoverCost
ed Per Month 10.00 Issuance Commission 0.3% / Qtr
GCB Cards on Other Banks’ ATM 10.00 Processing Fee Negotiated SWIFT Charge $30, EUR25, GBP15
Other Local Banks’ Card on GCB ATMs N/A 8. Point of Sale
Extension of Expiry Date/Increase in Value 0.3% / Qtr
Other International Banks’ Card on GCB ATMs (Access Fee) 36.00 Set Up Fee Free
Guarantee Claim $200, EUR 160, GBP 140
15. Pick Up/Delivery/Implant Tellering
Monthly Service Fee Free Mobile Money 1.50%
Replacement/ Renewal (Lost /Damaged/Stolen) – Classic 35.00 Amendments N/A
International Cards 3% Cash / Cheque Pick Up GHS 60 / Weekday
GHS 65 / Weekends/PH
Mini Statement Fee on GCB ATM (Optional) Free Domestic Inter - city picks to be negotiated
Local Cards 3%
ATM Receipt Fee (Optional) Free Issuance Commission 1% / Qtr
Withdrawal on ATMs Outside Ghana 3.50% Non-utilisation penalty fee for POS Merchant 100.00
Processing Fee Negotiated Implant Teller 2000 monthly
Secure Code Enrolment fees (once off payment charged at the end of the 1st quarter) 36.00
per teller
Extension of Expiry Date/Increase in Value 1% / Qtr

Bill of Lading Indemnity $100

Amendments N/A

COMMERCIAL BANKING
1. Current Account Current Tariffs 5. Corporate MasterCard Drawings 0.5% [Min $100, EUR 80, GBP 70] 14. Other Trade Payments & Services
Opening (Initial Deposit) 200 Issuing Increase in L/C Amount 1.5% on the additional amount Advance Payment Commission 1% [ Min $30, EUR 25, GBP 20]
Monthly Current A/c Service Fee Min GHC50.00 - Max GHC200.00 Debit (Standard, Gold, Platinum) 30.00, 40.00 & 50.00 Transfer Commission for payment of services 1% [ Min $30, EUR 25, GBP 20]
Extension of Expiry Date 1.0% pq or part thereof
Minimum Operating Balance Nil PIN re-issue 2.00 Open Account (Foreign account) 0.5% [ Min $30, EUR 25, GBP 20]
Foreign Currency Account [maintenance fees USD] 20.00 Up to 360 days (Expiring to Maturity Date) 0.25% of face value per quarter or
Non-Collection of Cards after 3 months Free Open Account (local / forex currency account) 0.75% [ Min $30, EUR 25, GBP 20]
part thereof
Withdrawal FCA [Non cash funded account] 3% GCB Card on GCB ATMs Free SWIFT Charge $30, EUR25, GBP15
Cash funded FEA account - GCB Cards on Other Banks’ ATM 10.00 Beyond 360 days ( Expiring to Maturity Date) 0.50% of face value per quarter or
Cedi Counter Cheque 15.00 part thereof 15. Loans
Other Local Banks’ Card on GCB ATMs Free (D) Others
Other International Banks’ Card on GCB ATMs (Access Fee) 36.00
Swift Charge $30, EUR25, GBP15 Loans
Monthly Service Fee Free Processing/Establishment Fee 1.00% min 1,000
General Amendment ($50.00, EUR 40, GBP 35) + SWIFT
2. Cheque Books Replacement/ Renewal (Lost /Damaged/Stolen) - Classic 30.00
Facility Fee
Discrepancy $100.00, EUR 80, GBP 70 1.00% min 1,000
Cedi L/C Cancellation Commission $100, EUR 80, GBP 70 + SWIFT Overdraft
6. Visa Card
50 leaflets 25.00 Expired & Unutilized L/C N/A Processing fee 1% min GH¢1,000
100 leaflets 50.00 Issuing
Recall of funds N/A Facility fee 1% min GH¢1,000
Over the counter cheque leaflet 6.00 Business Debit Card 30.00
Offshore L/C Confirmation Commission Per Correspondent Bank Charges
Visa Prepaid 30.00 Product Programme
Foreign account (GBP, USD, EURO) Local L/C Confirmation Commission 3.5% per annum (BOG acceptable
PIN re-issue 2.00 collateral) Traders' Loan
50 leaflets £/$/€ 10
GCB Card on GCB ATMs Free Interest Rate (GRR + 5% - 10%) 36%
100 leaflets £/$/€ 20 Payment Charges (when GCB Reimburses) USD200.00 plus SWIFT charges
GCB Cards on Other Banks’ ATM 10.00 Processing Fee 1.00%
Fast Track Cheque Book: Other Local Banks’ Card on GCB ATMs Free Facility Fee 1.00%
Other International Banks’ Card on GCB ATMs (Access Fee) 36.00 11. Bonds & Guarantees
50 leaflets 50.00 Monitoring Fee 0.50%
Monthly Service Fee Free Foreign LPO Financing
100 leaflets 100.00
Issuance Commission Interest Rate (GRR + 3% - 8%) 35.00%
7. UPI Card 0.3% / Qtr
Processing Fee Processing Fee 1.00%
3. SME Business Savings Accounts Negotiated
Other Local Banks’ Card on GCB ATMs Free Facility Fee 1.00%
Extension of Expiry Date/Increase in Value 0.3% / Qtr
Opening (Initial Deposit) 100.00 Other International Banks’ Card on GCB ATMs (Access Fee) 36.00 Monitoring Fee 0.50%
Guarantee Claim $200, EUR 160, GBP 140 International Trade Bridge Loan
Monthly Savings A/c Service Fee Free Mini Statement Fee on GCB ATM (Optional) 1.00
Amendments N/A Interest Rate (GRR + 3% - 8%) 35%
COT Free Balance Enquiry on GCB ATMs 1.00
Domestic Processing Fee 1.50%
Minimum Operating Balance 100.00 ATM Receipt Fee (Optional) Free
Issuance Commission 1% / Qtr Facility Fee 1.50%
Savings Withdrawal Book 20.00 Facility Fee 1.00% min GH¢ 1,000
8. Point of Sale Monitoring Fee Nil
Interest on Savings Balance Nil Processing Fee 1.00% min GH¢ 1,000 Unsecured Bridge Loan
e-Products Service Fee 5.00 Set Up Fee Free
Extension of Expiry Date/Increase in Value 1% / Qtr Interest Rate 36%
Mobile Money 1.5%
Bill of Lading Indemnity $100 Processing Fee 1.00%
4. Internet Banking International Cards 3%
Local Cards 3% Amendments N/A Facility Fee 2.00%
Sign on Free Non-utilisation penalty fee for POS Merchant 100 Monitoring Fee Nil

Monthly Service Fee Free 12. Export L/Cs Invoice Discounting

9. SMS Banking Advising Interest Rate (GRR + 3% - 8%) 35.00%
Intra Bank Transfers Via Internet Free
Mobile Alerts Cost Per Month 10.00 Customers GHS200 Processing Fee 1.00%
Inter Bank Transfers Via GIS 12.00
Non Customers $100 Facility Fee 1.00%
Same Day Inter Bank Transfer (In-Branch) 10. Import Letters of Credit External Unutilised L/C Commission $100 Monitoring Fee 0.5%

Up to 500 3.00 Cancellation $100 + SWIFT Other Fees

(A) Cash Covered (Sight/Usance)
Bill Discounting To be Negotiated Commitment Fee 1%
501 - 1500 6.00 Establishment Fee 1.0% flat Courier Min $100
Negotiation Arrangement Fee 1%
1501 - 5000 12.00 LC Commission 0.25% / Qtr [Min $200, EUR 160,
GBP 140] Commission 0.5% [Min $30, EUR 25, GBP 20] Anniversary Fee (Medium to Long Term Loans) 1%
5001 - 10000 17.00 Handling Commission 0.25%, min $100, EUR 80, GBP 70
Drawings 0.5% [Min $100, EUR 80, GBP 70 ] Monitoring Fee (Negotiable) 1%
10001 And Above 25.00 Handling Commission for Banks’ Benefit N/A
Increase in Amount 1% flat on the additional amount Amendments
Inter Bank Transfer - Express 30.00 Extension of Expiry Date 0.25% pq or part thereof Extension of Unutilized L/C $30 16. Cash Pick Up/Delivery/Implant
(B) Non-Cash Covered - Sight Cash / Cheque Pick Up GHS 60 / Weekday
Inter Bank Transfer - Instant
13. Documentary Collections (Imports) GHS 65 / Weekends/PH
Up to 50 0.5 Establishement Fee 1.5% flat Inter - city picks to be negotiated
Settlement Commission - Customer's Documents 0.75% [Min $200]
LC Commission 0.75% / Qtr [Min $200, EUR 160,
51 - 200 2.00 Settlement Commission - Non-Customer's Documents 1.0% [Min $200] Implant Teller 2,000 monthly
GBP 140]
per teller
201- 500 5.00 Drawings 0.5% [Min $100, EUR 80, GBP 70] Handling Charges $30
501 - 1000 7.00 Increase in L/C Amount 1.5% on the additional amount
Tracer Charges N/A 17. Others
Above 1000 10.00 Extension of Expiry Date 0.75% pq or part thereof
Transfer of Documents To Other Banks GHS200.00 Certification of Balance to Auditors 150.00
(C) Non-Cash Covered – Usance SWIFT Charge $30, EUR25, GBP15 Line of Reference 200.00
Establishment Fee 1.5% flat
LC Commission 1.0% / Qtr [Min $200, EUR 160,
GBP 140]

RETAIL BANKING
Description Current Tariffs (GH¢) 11. Funds Transfer 20. E-zwich Charges
Other International Banks’ Cards on GCB ATMs (Access Fee) 30.00
GCB to GCB Free
Withdrawal on ATMs Outside Ghana 3.50% (of withdrawal amount) To Other Banks: Issuance Fee for eZwich card 15.00
Initial Deposit Mini Statement Fee on GCB ATM Free Same Day Transfer (In-Branch) Replacement/ Renewal (Lost /Damaged/Stolen) 15.00
100.00
Up to 500 3.00
Minimum Balance 50.00 Balance Enquiry on ATMs In Ghana Free 501 - 1500 21. Tariffs On Selected Accounts
6.00
Savings Withdrawal Book 25 Leaflets GHC 15 Balance Enquiry on ATMs Outside Ghana 3.00 1501 - 5000 12.00
50 Leaflets GHC 25 PIN Change on GCB ATMs Free 5001 - 10000 17.00 Salary Account
100 Leaflets GHC 45 10001 And Above 25.00
Monthly Service Fee Standard/Gold/Platinum 0/5/7
Express Transfer 30.00 Initial Deposit 50.00
Over-the-Counter Savings Leaflet 6.00 Replacement/ Renewal
Instant Transfer
Withdrawals In excess of 4 FREE withdrawals within a month 20.00 Standard 25.00 Up to 50 0.5 Minimum Balance 0
Gold 35.00 51 - 200 2.00
eService Bundle Charge 7.00
Platinum 50.00 201- 500 5.00 eService Bundle Charge Free
Minimum Balance to earn interest 500.00 Prepaid 501 - 1000 7.00
25.00
Above 1000 10.00 Monthly Service Charge 10.00
8. Visa Cards
12. GCB Xpress
Issuing (Instant) Link2Home Account
Initial Deposit 100.00 50 0.5
Classic 25.00
Minimum Balance 0 51 – 1000 1% with Maximum of GH¢5
eService Bundle Charge Gold 35.00 Initial Deposit 100.00
7.00 Above 1000 12.00
Platinum 50.00
Monthly Service Charge / COT 1.8 per mille (Minimum: GH¢10)
Signature 75.00
13. Standing Orders Minimum Balance 50 per currency
Infinite 100.00
3. Cheque Books
Prepaid 30.00 Set up
25 leaflets 17.00 Usage Fees Internal Free eService Bundle Charge GHC7 / USD/EURO/GBP 0.50
50 leaflets 27.00 External 5.00
GCB Cards on Other Banks' ATM 7.00
Over- the- counter cheque leaflet 6.00 Other International Banks’ Cards on GCB ATMs (Access Fee) 30.00 Insufficient funds 20.00
Foreign Account (GBP, USD, EURO)
Withdrawals in foreign for FCY denominated accounts 2.5% of face value
Withdrawal on ATMs Outside Ghana 3.50%
25 leaflets USD 4 EURO 4, GBP 3 14. Direct Debits
Micro Statement Fee on GCB ATM Free
50 leaflets USD 7, EURO 7, GBP 5 Balance Enquiry on ATMs In Ghana Free GCB to GCB Account 1.00 Micro & Small Enterprises Account
Fast Track Cheque Book: Balance Enquiry on ATMs Outside Ghana 3.00 Direct Debits from Other Banks via ACH Free
PIN Change on GCB ATMs Free
Direct Debits Insufficient Funds 20.00 Initial Deposit Savings / Current
25 leaflets 25.00
50 leaflets 50.00 Monthly Service Fee Signature/Infinite 35/50 15. Electronic Payments Micro- 100
Monthly Service Fee Classic/Gold/Platinum 0/5/7 Small- 100
School Fees:
4. Cheques Replacement/ Renewal E-Pay Per institution's specification
Classic 25.00 Fee Pay 5.00 Minimum Balance without charge Savings / Current
Normal clearing Free Micro - Above 1,000 / 2,000
Stopped Cheque (per request) Gold 35.00 16. Sundry Services
30.00 Small- Above 2,000 / 5,000
Special Clearing 60.00 Platinum 50.00
Payment Orders:
Prepaid 25.00
5. Statements Signature 75.00 Up to Senior High School 5.00
All Tertiary Institutions 10.00
Monthly Statement (eStatement) Free Infinite 100.00 Monthly Charge Micro -
E-Alerts Free 9. Internet Banking 17. Payment Orders (Others): (Savings Account Balance Below
Adhoc Statement Request GH¢6 per page GHC1,000) - GHC10
Statement for VISA application GH¢12 per page Sign on Fee Free GCB Customers Minimum GH¢ 10.00 or 0.25% of (Current Account Balance Below
SWIFT Statement (MT 900/940/950) Free Monthly Service Fee (e-Service bundle Charge) 7.00 face value GHC2,000) - GHC200
Funds Transfers Non GCB Customers Minimum GH¢ 20.00 or 0.50% of face value
6. Readycash Card Small -
GCB to GCB Free (Savings Account Balance Below
Issuing (Instant) 20.00
GCB to other Banks In Ghana Refer to point 11 (Funds Transfer) 18. Safe Custody GHC2,000) - GHC20
Usage Fees
Envelopes GH¢60 Per Quarter (Current Account Balance Below
GCB card on own ATM Free GHC5,000) - GHC30
GCB card on Other Banks' ATM (Fee) 4.00 10. Mobile Banking Parcels GH¢120 Per Quarter
Mini Statement Fee on GCB ATM (Optional) 1.00 Registration Free Boxes GH¢180 Per Quarter
ATM Receipt Fee (Optional) 0.5 19. Other Services Student Account
Mini Statement Fee on Other Banks’ ATM (Optional) 3.00 School Fees 5.00
Replacement/ Renewal 20.00 Voucher Retrieval < 1year = GHC50
Mobile Money (Bank to Wallet) Initial Deposit 20.00
> 1year = GHC100
7. Mastercard MTN/ VODAFONE/ AIRTEL/TIGO 1% (minimum charge of Gh¢0.50) Certificate of Balance 40.00
Issuing (Instant) Letter of Reference 50.00 Monthly Service Charge 2.00
PIN Change Free
Standard 25.00 Equity Confirmation Processing Fee 200.00
Gold 35.00 Balance Enquiry Free
Platinum GCB POS (Cardholder) Free Minimum Balance 0
50.00 Clearance letter (to another Bank after Loan repayment) 100.00
Prepaid 30.00
GCB POS (Merchant) Up to 3% Clearance letter (Others) 40.00
Usage Fees Stop Payments 5.00
GCB Cards on Other Banks’ ATM 7.00

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