Gcb Bank Limited SWIFT/BIC code

What GHCBGHAC means for a payment to Gcb Bank Limited

Whether a recipient gives you GHCBGHAC or GHCBGHACXXX, you are looking at the same address for Gcb Bank Limited in Ghana. A BIC has a single purpose: it ensures that money from abroad ends up at the right bank. You will need it mainly for payments that cross a border and payments in foreign currencies.

On this page you will find what the code means, when you need it and which other details a transfer to or from Gcb Bank Limited requires. Keep in mind that the SWIFT code only identifies the bank, not the account: the account number or IBAN takes care of that.

Before you send: check the Gcb Bank Limited code

The most reliable place for the correct BIC is a document from the bank itself like a bank statement or the account page in online banking. If the code you have does not match GHCBGHAC or GHCBGHACXXX, do not guess – contact the recipient or Gcb Bank Limited.

Mistakes in the SWIFT code are annoying rather than fatal – usually the money comes back, minus fees and time lost. A mistake in the IBAN or account number is a bigger problem; check it just as carefully.

An automatic check by your bank merely tells you that the code exists. Some banks now check the payee name against the account; take any warning seriously. When you pay someone new, some people send a small amount first before sending the rest.

International transfers from Gcb Bank Limited: the real cost

An international bank payment costs rather more than the fee suggests. Besides a fixed fee, correspondent or intermediary banks can deduct a fee, and if the money changes currency, the bank often uses a rate that is less favourable than the real market rate.

The real cost is often in the rate, not in the fee: the bank converts using an exchange rate with a margin built in. Check their rate against the mid-market rate. The difference is your real conversion cost.

For a lot of currency pairs, a transfer service turns out to be cheaper than a traditional bank transfer. GoldexPay compares what recipients receive with different providers, which makes the cheapest option easy to spot. You can always use your account at Gcb Bank Limited to fund the transfer; only the conversion and sending happen elsewhere.

A note on our data

This directory is based on public sources and we update it periodically. Even so, banks merge or retire codes and our data may lag behind. The number of codes on this page reflect our own data and not on information from Gcb Bank Limited itself.

Treat this page as a starting point, rather than as the last word: the recipient’s bank details come first. We are a comparison site and not part of Gcb Bank Limited. Spotted outdated information? Let us know via our contact form.

Which of the 4 codes of Gcb Bank Limited do you need?

Having 4 codes, Gcb Bank Limited belongs to the banks that use separate codes for branches and departments. The head office code remains GHCBGHACXXX.

Unless the recipient tells you otherwise, use GHCBGHACXXX. Just use a branch code when the account holder gives you that exact code, for example on a letter or invoice.

The best way is to copy the code straight from the recipient’s statement. Codes can change over time.

Why Gcb Bank Limited has an 8- and an 11-character code

A BIC is built from fixed blocks: the first four letters stand for the bank, characters five and six show the country and characters seven and eight mark the location. In this case, that core is GHCBGHAC.

Many payment forms work with both lengths. If a form asks for eleven characters, enter GHCBGHACXXX.

Do not add spaces, dots when you type GHCBGHAC or GHCBGHACXXX. Pasting the code is safer than typing it by hand, because one wrong letter changes the bank.

Incoming international payments to Gcb Bank Limited

To receive an international payment at Gcb Bank Limited, the person paying you has to have more than the SWIFT code. Share the account holder’s name, your account number or IBAN, the BIC GHCBGHACXXX and your address.

You can add the bank name and its city as well, because some payment forms have separate fields for them. A typo in the IBAN is more trouble than it looks; copy them from your banking app rather than typing.

An incoming payment will not always land for the full amount. Correspondent banks can take a fee, and when currencies differ, a markup on the rate applies. Make clear with the sender who pays which costs before the money is sent.

Scams that use SWIFT codes

A common scam goes like this: you receive a message saying that a company now has a new bank account and that the next payment should go there. The fact that GHCBGHAC exists does not mean that a request mentioning it is genuine; criminals use the codes of real banks too.

Verify changed bank details through a different channel, never via the email that asked for the change. Pressure or secrecy tend to be red flags; a genuine business can wait for you to check. Already paid? Contact your bank straight away and ask them to start a recall; also report it to the police.

Recipients are targeted too: one known trick is an overpayment and then sends a request to refund the difference to another account. A screenshot of a transfer is no proof – check your own account.

How long does an international transfer to Gcb Bank Limited take?

How quickly a transfer reaches Gcb Bank Limited depends on a few things: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Payments made late in the day or just before a weekend or public holiday often go out a business day later. Sometimes a bank asks what the payment is for.

If a transfer is late, ask the sending bank for the tracking status. Specialist transfer services often show tracking online so you can see how far the money is.

A missing payment has to be traced from the sending side. Ask the sender for a copy of the payment confirmation including the reference – it helps your own bank look for the money.