Overview

It is a transactional account designed primarily for employees to receive salaries directly from their employers.

Qualifying Criteria/Target Market

Applicants must be over 18 years of age and can be a public or private sector employee.

Here’s what you will get with a Salary Account

• Convenient access to funds for daily transactional purposes via Cheques, GCB Bank’s digital channels, and branch network.
• It comes with a personalized cheque book, debit card, Mobile App, Mobile Banking (USSD), G-Money, and Internet Banking.
• Qualify for salary advance of up to 80% of net monthly salary (T&C apply)
• Qualify for a personal loan of up to GHS700,000.00 (T&Cs apply)

Things to know

• Its a non-interest-bearing account
• No minimum balance is required
• No restrictions on withdrawals
• Monthly service charge of GHS10
• No COT charge

Benefits for the customer

• Facilitates monitoring and management of salary spend

Requirements

• Completed account opening form
• ECOWAS Identity Card (Ghana card)
• Introductory letter from employer | Offer or Appointment Letter | pay slip is subject to the Bank’s policy exception
• • Proof of residential address 

  e.g., utility bill/ employer’s reference (Security Services)/ income tax certificate/ tenancy agreement / third-party confirmation form

• One passport-sized picture
• Initial deposit