SWIFT/BIC codes in Guyana

SWIFT/BIC codes in Guyana

Here you will find the SWIFT/BIC codes of 9 banks in Guyana, 9 codes in all. You will need a SWIFT/BIC code mainly for international transfers.

Choose a bank from the list to see its head office code and its other codes, plus practical notes for sending and receiving money. Below the list we explain how codes from Guyana are built, how to send money there without overpaying and how to check a code before you pay.

Sending money to Guyana for less

The price of a payment to Guyana is made up of more than one component, and the fee on your screen is only one of them. Besides the fee, correspondent banks can take a cut, and when the money is converted the bank usually applies a rate below the real market rate.

Most of the cost usually sits in the exchange rate: banks convert at a rate with a margin built in. Check the bank’s rate against the mid-market rate, the midpoint you see on financial news sites; the gap is what conversion costs you.

For a lot of currency pairs, a specialist provider is less expensive than a traditional bank transfer, mainly because of the rate. On GoldexPay you can compare the amount that arrives in Guyana with different providers, which makes the cheapest option easy to spot.

When does money sent to Guyana arrive?

An international transfer to Guyana usually needs anywhere from one to several business days. Bank holidays in Guyana or in the sending country add a day or more to the journey.

Many banks use SWIFT gpi. Every payment carries a unique transaction reference, the UETR that banks can use to see where the money is. Money transfer services often provide tracking in their app so you can follow the payment.

Which bank in Guyana has the most codes?

Bank of Baroda (Guyana) Inc. leads the list of Guyana banks when it comes to SWIFT/BIC codes. Its main office uses BARBGYGEXXX and that code covers most payments.

Many codes often means that the bank registers branches and departments separately – it says nothing about the size of the bank as such. If not the recipient asks for a branch, the head office code BARBGYGEXXX works for transfers to this bank.

Paying a bank in Guyana from abroad

To pay into Guyana you will almost always need the BIC. Without the BIC, most banks cannot process the payment at all.

Not all countries use the IBAN; in that case the local account number is used instead. The receiving bank often has instructions for incoming international payments, and it is worth following them to the letter. International transfers can pass through one or more intermediary banks, each of which may deduct a fee.

What the letters in a Guyana BIC mean

A SWIFT code is either 8 or 11 characters long and the parts always come in the same order. First comes a four-letter bank code, followed by a two-letter country code and two characters for the location.

You can recognise a bank code from Guyana by letters five and six – those always form the country code of Guyana. A code with a different country code belong to a bank abroad – a quick way to catch mistakes.

An 11-character code ends in a branch code. Choose a branch code only when the recipient’s bank asks for it.

Verifying a SWIFT code from Guyana

The best place to find the correct BIC is a document from the bank itself, such as a statement or the account page in online banking. An incorrect BIC may lead to a delay, a returned payment or additional charges, so compare it with the list on this page.

We collect bank codes from public sources and check our list from time to time. Institutions merge, close branches and retire codes. For a payment that matters, check the BIC with the recipient’s bank. GoldexPay is not a bank and has no link to the banks in this list.

Be wary of invoices with changed bank details. Before paying, verify changed details through a separate channel.

Incoming international payments in Guyana

When you expect money from abroad in Guyana, give the sender all details at once. Give them the account holder’s name, the IBAN or account number, the BIC of your bank and your address.

Your bank’s code is in our list. It helps to add the name and city of your bank as well because some forms have separate fields for it.

Do not be surprised if the amount credited is below what the sender paid. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, an exchange rate margin applies. Agree with the sender who covers the fees.