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GTQ – Guatemalan Quetzal

 
Overview

The payment processing of this currency is considered to be relatively standardised.

 
Currency Guidelines

Beside the standard information, it is important to note that the IBAN format is always recommended (see Appendix VI).

A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.

Example: Payment of travel expenses – invoice n° 123456789

Please take into account that for the moment, payments to individuals are not available except if the beneficiary holds an account with Banco Industrial.

 
Instructions, technical guidelines & more

To consult the Technical Guidelines of this currency, click here

TECHNICAL GUIDELINES

To consult the Appendix(es) click here

Appendix VI: IBAN Application Rules
Additional information
• Available charge options: OUR/SHA/BEN
• Central bank of Guatemala: http://www.banguat.gob.gt/default.asp?lang=2