GTQ – Guatemalan Quetzal
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 hereTECHNICAL GUIDELINES
To consult the Appendix(es) click hereAppendix 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