GuyanaGYDGuyanaese Dollar
Guyana is often confused with Ghana in Africa or neighboring French Guiana—these are three different countries with three different currencies. Guyana itself lies in South America but operates by Caribbean rules: the only English-speaking country on the continent, a member of CARICOM with the community's headquarters in Georgetown. Spanish, Portuguese, and Latin American banking habits are not relevant here—banking details and business practices follow English standards. Since 2019, offshore oil production has been underway, the economy is growing at record rates, and specialists are coming to the country. The currency is the Guyanese dollar, and ATM24 fixes the amount in GYD before payment. Commission from 0.9%.
The route, the receiving bank and the payout amount are agreed before payment.
The national currency is the Guyanese dollar (GYD), the exchange rate of which is managed by Bank of Guyana and has remained relatively stable in recent years. Guyana is the only English-speaking country in South America and a full member of the Caribbean Community (CARICOM), whose headquarters is located in Georgetown. Compared to its neighbors, the country stands out: in Suriname the official language is Dutch, in Brazil Portuguese, in Venezuela Spanish. Since 2019, Guyana has been conducting industrial oil extraction on its marine shelf, which has become the main driver of economic growth and provided the country with some of the highest economic growth rates in the world. The central bank and regulator is Bank of Guyana, located in Georgetown. Among the main banks are Republic Bank Guyana, part of a Trinidadian banking group, as well as local banks GBTI, Demerara Bank, and Citizens Bank.
IBAN format is not used in Guyana: for international SWIFT transfers, you typically need the bank's SWIFT/BIC code, account number, and recipient's full name. The official language is English, so banking details and documents are drawn up in English, and additional name transliteration is usually not required. Guyana has not imposed its own sanctions against Russia, however, any specific transfer depends on the receiving bank, correspondent chain, and standard AML/KYC checks. The country operates on UTC−4 time zone, 7 hours behind Moscow, so local bank working hours fall in the second half of the day and evening Moscow time. ATM24 checks the available route in advance before confirming the application. International SWIFT transfer time is 2–5 business days. ATM24 commission from 0.9%.
Guyanese bank cards credit local dollars; card infrastructure developed alongside the oil boom. Republic Bank Guyana, GBTI, Demerara Bank, Citizens Bank. You will need 16 card number digits and the cardholder's full name. Do not confuse GYD with US dollars: these are different currencies, and the exchange rate between them is far from one to one
Caribbean-style banking details: bank SWIFT code and account number; IBAN format does not exist here. Bank SWIFT code and recipient's account number are the foundation of the application; IBAN-type fields are not required. English is the official language, so the name is transferred from the document without transliteration. An account is convenient for those working on oil projects on a shift basis
Guyanese dollars cash disbursement: the country's business life is concentrated in the capital. Georgetown is the capital, port, and headquarters of CARICOM. Most of the population lives on a narrow coastal strip; inland is jungle. Agree on the city of receipt and available amount before submitting your application
Guyana uses Caribbean banking details, not Latin American format: the recipient's bank SWIFT code, account number, and the recipient's full name without transliteration; IBAN format does not exist in the country. English is the official language, so names are transferred from the passport as-is without transliteration. The Guyanese dollar remains stable under Bank of Guyana's management, so the transfer amount is calculated predictably and fixed before payment. The country has not imposed sanctions against Russia. One important note: the Guyanese dollar and the US dollar are different currencies, and it is worth clarifying in advance which one the recipient's account is denominated in.
We accept RUB, USD, EUR and USDT — we pay out in GYD
RUB GYD
2.17per 1 RUB
10 000 ₽ = 21 735 GYDUSD GYD
194.86per 1 USD
100 $ = 19 486 GYDEUR GYD
220.9per 1 EUR
100 € = 22 090 GYDUSDT GYD
194.86per 1 USDT
100 USDT = 19 486 GYD| You send | Payout in GYD |
|---|---|
| 100 USDT | 19 486 GYD |
| 300 USDT | 58 458 GYD |
| 500 USDT | 97 431 GYD |
| 1 000 USDT | 194 862 GYD |
| 5 000 USDT | 974 308 GYD |
Where recipients usually get the money in Guyana
SWIFT: verify; Description: Local bank; Georgetown
SWIFT: verify; Description: Trinidad-based Republic group; Georgetown
Scotiabank Guyana — a bank focused on everyday accounts and card operations. The recipient should provide the exact details and payout currency.
SWIFT: verify; Description: One of the country's commercial banks
GBTI Guyana Bank for Trade & Industry — a local bank with standard account and cash services. Transfer availability depends on the details, currency, and bank rules.
National currency
The national currency is the Guyanese dollar (GYD), the exchange rate of which is managed.
Card systems
Visa and Mastercard are accepted in cities. Republic Bank (Guyana) and Scotia Bank are the main card-issuing banks. The country is actively developing cashless payments due to the oil boom of the 2020s. Namalco and GuyanaGold provide local processing.
Payment applications
GBTI (Guyana Bank for Trade & Industry) Mobile and Republic Bank Guyana App are key banking applications. M-Pesa does not operate. Western Union and MoneyGram agents are widely available. Mobile money solutions are limited: bank transfers are preferable.
Interbank transfers
IBAN format is not used in Guyana: for international transfers, the bank's SWIFT/BIC code and account number are used.
Financial regulator
Bank of Guyana is the central bank and primary financial regulator of the country; located in Georgetown.
Features for ATM24
Guyana has not imposed its own sanctions against Russia.
With an ATM24 transfer the recipient gives their own bank and details, so the money lands directly on the account.
Three steps from request to payout
Fill in the form or write to us on WhatsApp or Telegram — a manager will check the available route
We check the recipient details and confirm the route, rate, fee and payout amount
Once paid, the transfer goes out along the agreed route — we report the status in the messenger
We verify the exact details when agreeing the available route before payment.
Facts, not promises
You see the rate, the fee and the payout amount before you send the money.
The route, rate, fee and payout amount are agreed before payment.
Reference cities with payout locations. Availability of a specific location is confirmed in the request.
Confirm the city before payment
Only methods present in both the country description and the current route are shown.
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We've compiled answers about the local dollar, how it differs from the US dollar, and why this English-speaking country follows Caribbean rather than Latin American banking practices.
To arrange a GYD payout in Guyana, ATM24 first checks the receiving channel for the Guyana GYD payout route. The route is confirmed before payment, including Republic Bank Guyana, Bank of Guyana, card or account details, sender payment method, fee from 0.9%, and timing from 15 minutes. Bank-route examples for Guyana: Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank.
The recipient can use a card or bank account for a GYD transfer to Guyana if that channel is available for the bank. Before payment, ATM24 checks Republic Bank Guyana, Demerara Bank, card or account format, recipient name, and payout currency. International-card network availability is confirmed by route, not assumed for every bank. Bank-route examples for Guyana: Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank.
For Guyana, ATM24 can review a GYD payout through banks such as Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank. The manager checks whether the selected bank route supports the incoming transfer and which account or card details are needed. The bank route is confirmed before payment.
For a GYD transfer to Guyana, ATM24 checks recipient details against the selected receiving route: Guyana GYD payout route, Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank, card payout, account payout, recipient name, GYD payout data, and different receiving rules for Demerara Bank and Bank Matcher ChatMB Countries Bank. The manager verifies name spelling, bank or card format, payout currency, and payment purpose before payment. If the recipient changes the route, the required fields are checked again. Bank-route examples for Guyana: Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank.
Transfer timing to Guyana in GYD starts from 15 minutes when the bank, card, or account route is ready. ATM24 checks Republic Bank Guyana, Demerara Bank, and any route limit before payment. If the receiving bank asks for clarification, processing can take longer. Bank-route examples for Guyana: Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank.
The fee for sending money to Guyana with payout in GYD is calculated from 0.9% through ATM24. ATM24 shows the sender the fee, exchange conditions, payout route through Demerara Bank or Bank of Guyana, and amount the recipient should receive before payment. Bank-transfer fees, card conversion fees, and DCC markups from the sender's provider are separate. Bank-route examples for Guyana: Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank.
Yes, the sender can use an available card, bank transfer, USDT, or another confirmed method while the recipient receives GYD in Guyana. The manager checks Republic Bank Guyana, Demerara Bank, payout route, exchange conditions, and final amount before payment. Any card conversion or sending-bank fee remains outside the recipient payout. Bank-route examples for Guyana: Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank.
ATM24 accepts transfers to Guyana in GYD from 100 USD or the equivalent. The maximum amount is not a single country-wide number; it depends on the Guyana GYD payout route, bank rules, payout channel, sender payment method, and recipient data. For a large transfer, the manager confirms the limit and documents before the sender pays. Bank-route examples for Guyana: Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank.
Large transfers to Guyana in GYD are checked by amount, recipient route, and receiving bank. ATM24 reviews Republic Bank Guyana, Bank Matcher ChatMB Countries Bank, card or account payout, payment purpose, and source-of-funds information. Any document request is named before the sender pays. Bank-route examples for Guyana: Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank.
The estimated payout for sending 1000 USD to Guyana in GYD should be checked by route: 194,861.65 GYD. ATM24 reviews Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank, card or account payout, fee from 0.9%, and exchange conditions. The manager confirms the final GYD amount in the order. Bank-route examples for Guyana: Republic Bank Guyana, Demerara Bank, Bank of Guyana, Bank Matcher ChatMB Countries Bank, and Every Bank.
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