Please be informed that the Bank of Ghana's Revised Notice BG/GOV/SEC/2021/03 on the issuance of dud cheques which is a punishable offence under section 313(A) of the Criminal Offences Act 1960 (Act 29) as amended, has taken immediate effect.
A “Dud” cheque is when you issue a cheque whose amount is more than the actual funds in your account.
Under the new directive:
In light of the above, we implore you to use the various channels provided by the bank (i.e. Internet Banking, GAPS, Myghpay, *737#, GTWorld, etc.) to check and confirm your account balance before issuing any cheque(s).
Thank you for banking with us.
Guaranty Trust Bank (Ghana) Limited