Using a sharp serrated knife, carefully slice the loaf of bread horizontally into long half-inch thick slices. Set aside.
In a small bowl, combine the butter, garlic, and basil. Then spread one side of each slice of bread with this butter mixture.
Place one slice of the buttered bread on a baking sheet, with the buttered side facing down.
Next, arrange slices of the cheese on top of the bread so that they are lightly overlapping.