GAPS is a secure web-based service using secured (https) connections over the Internet that facilitates the processing of Local and International payments. It also gives you 24/7 online, real-time access to your account.
GAPS-Lite is an app version of GAPS targeted at Sole proprietorship accounts / small businesses (SMEs).
Payment/Services
Single & Multiple (Batch/Bulk) payments to any Bank account (Local and International)
Payroll Payments e.g. Salaries, Bonuses
Trade & Regulatory payments (Custom duties, Tax & Remita Payments)
Airtime Top-up – Ability to purchase airtime for single or multiple devices for corporate use.
Own account Transfers
Single & Bulk Cheque confirmation
Generate Account Statements
Online real-time account monitoring etc.
GAPS-Lite is our online banking platform for small businesses (SMEs). It is the light version of our GAPS platform which is tailored for large corporates. It is available for download on smartphones running on Android and iOS via the respective App Stores.
Features
Benefits
To download the GAPS-Lite App, please follow the steps below to download the GTWorld Mobile App:
Kindly visit the Google Play Store for Android phone users or Apple App Store for iPhone users.
Once you have downloaded the GTWorld Mobile App, you can switch to GAPS-Lite on the application.
GAPS is an acronym for Guaranty Trust Bank Automated Payment Systems. It is GTBank‘s Corporate Internet Banking service which gives corporate customers secure access to their transactions and accounts 24/7.
To register for GAPS, visit the Online Banking for Business widget on the website and click on the register button.
To register for GAPS-Lite, visit the Online Banking for Business widget on the website and click on the register button.
For GAPS-Lite, the customer should give an instruction with the company letterhead. For GAPS, a board resolution will be required to effect the change.
All intra-bank transactions are online and real time.
Inter-bank transactions via NIBSS Instant Payment (NIP) are also online real-time. Inter-bank transactions via NEFT will be received same day by the beneficiary if initiated before 12 pm. Otherwise it will be received next day.
Local transfer limit is N250MM per transaction. Daily foreign transfer limit (where the source of funds is via cash deposit) is $10,000 daily and $50,000 weekly or its equivalent in other currencies. There is no limit for FX transfer where the source of funds is via SWIFT transfer.
GAPS is a web-based application and therefore requires only internet connectivity, the user’s log-in details and a security token.
Yes! Receipts can be generated using the ‘Generate Receipt’ function in the Vendor/Client Mgt menu on GAPS.
Yes! GAPS times out after 10mins of inactivity.
Yes! The schedules can be declined by a reviewer or an approver. Batches that are pending or waiting to be processed can also be cancelled by an approver.
Note: Processed batches cannot be cancelled
The service is available 24/7.
Email Alerts are sent to registered beneficiaries. The e-mails state the Payer's name and the remarks specified by the Payer.
GAPS allows customers to attach document to each transaction. These documents are currently not sent by e-mail to the beneficiaries