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What are the Bank Deposit requirements in Guatemala?

Bank Deposits are available to the major banks in the country.  Funds can be deposited in Guatemala Quetzals (GTQ) and US Dollars (USD) accounts depending on the bank.  For G&T Continental bank, funds can only be deposited in Guatemala Quetzals (GTQ). The money will be deposited within a few minutes or up to a few hours on average.  When you send the money using Xoom, you will see more detailed information, based upon your recipient’s bank.

Bank Deposit Requirements

In order for your bank deposit to be processed in a timely manner, please make sure you provide all information needed for the transfer.

  • Bank Name, as bank deposits are available to different banks in Guatemala, View Xoom Money Transfer Locations for a complete list of banks.
  • The correct currency of your beneficiary's bank account (Quetzals or US Dollar). Transactions sent with wrong currency cannot be completed and will be cancelled.
  • Account Type (Checking or Savings)
  • The correct Account Number (up to 11 digits in length)
  • The entire name of your recipient as it appears on the recipient's Bank Account (include the paternal and maternal name if used).
  • Complete address, including the City and the Department
  • A valid phone number (city code + domestic number)


For Banco Industrial, please give the primary account holder of the bank account as your recipient with the name as it appears on the recipient's bank statement. Please confirm with your recipient if you are not sure.


Transaction limit at Banrural

There's an $8,500 USD monthly limit per month, which applies to both the sender and the recipient.

Please do not use any dashes or special characters while filing out this information.

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