The Bank of St Helena Cheque Book, like the Local Debit Card or physical cash, is an accepted form of payment for goods and services on St Helena and Ascension Island. A cheque is an instruction for the bank to make payment from the customer’s account to the person or organisation named on the cheque.
Cheque Books can be purchased for a fee of £6.10 per booklet.
Cheques can only be issued against a Current Account held with Bank of St Helena.
Business Customers with a Standard or Premium Account will receive one cheque book a month as part of their package for no additional cost. Click here for more information.
Customers making payment by cheque must ensure sufficient funds are available in the issuing account, when the cheque is presented. Businesses are likely to refuse to accept cheques from people who frequently write cheques that are not payable.
Business establishments accepting cheque payments must ensure that cheques have been correctly completed.
Cheques may be deposited at any Bank of St Helena branch or remote banking site. You may also send cheques to the bank by courier or by post, accompanied by a correctly completed paying in slip.
The funds from deposited cheques will be credited to the account of the receiving customer or organisation.
Personal GBP cheques can only be cashed for Bank of St Helena account holders. Cheques valued to a maximum of £500 incur a 2% charge with a minimum charge of £1.00. Cheques valued over £500 are sent to the UK for encasement before the money is paid out. This service incurs a one-off 50p charge.
Personal GBP cheques cannot be cashed for short term visitors.
GBP Travellers cheques can be cashed at Bank of St Helena. Customers using this service must also provide valid identification. Travellers cheque encashment incurs a 2% charge with a minimum charge of £1.00.
Ascension customers can now use their Local Debit Card at the Bank in Georgetown. Local Debit Cards are available for personal and business customers. Apply today by contacting the branch on 66123.