Gcb electronic payment paper 2025

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A receipt or bank statement is the most common way to provide proof of payment. Receipt copies can be obtained from the seller either online or in person.
A proof of payment can be a receipt (either a scan, a photo or a PDF) or a screenshot from your online bank, clearly showing the following: your details we need to see your name and account number, and your banks name.
Sending a transfer Simply visit any GCB branch with a valid identity card (passport /drivers license / voter ID). Fill out an Xpress transfer form and hand it to the customer service representative. You will be provided with a receipt and secure code as proof of transfer.
Proof of Payment: Bank Statement: Shows direct deposits or electronic transfers for payroll payments, including transaction date and amount (Bank statement should match the payroll report or pay stubs). Cancelled Check (if applicable). Image Needed: Both front and back of the cancelled check.
An ACH transfer is an electronic transfer of funds from one bank account to another over the ACH (Automated Clearing House) network. This includes everything from person-to-person transfers and bill payments to direct deposits. Common uses of ACH bank transfers include: Payroll.
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An electronic payment refers to any financial transaction conducted electronically, where funds are transferred from one party to another using electronic means such as credit or debit cards, online payment systems, or mobile payments. Digital payments are usually broader in scope, including mobile and payment apps.
Whenever a payment is made electronically, a confirmation is generated, typically in the form of an email, text message, or notification. These electronic confirmations serve as instant proof of payment, providing real-time validation of the transaction.
For example, when a vendor performs a service for your business and sends the invoice electronically, the process of paying the vendor via credit card, debit card, etc. is considered an electronic payment.

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