Banks in Guatemala

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Banks in Guatemala

These links were provided by the Superintendecia de Bancos, Guatemala City, Guatemala. Their web site can be found here http://www.sib.gob.gt/

Banco Agromercantil

Banco Industrial

Banco de América Central, S.A.

Banco de Desarrollo Rural

Banco de los Trabajadores

Banco G&T Continental

Banco Reformador

Banco International

Another resource especially for import duties is: http://www.sat.gob.gt which is the taxing and customs authority in Guatemala.

Opening a bank account in Guatemala is possible for foreigners IF you have a Guatemalan national to vouch for you. This is a new requirement started in 2011. You will need your passport, an electric or other utility bill from the place you live (it does not have to be in your name) and a local person to go with you to the bank and give you a personal reference.

Guatemalan banks offer accounts in US Dollars or Guatemalan Quetzals

Travel Insurance for Guatemala

While it is not a requirement it is a good idea to purchase travel insurance for your trip to Guatemala. Medical care is less expensive here in Guatemala than it is in most western countries but if you need emergency medical attention it can become expensive.

We recommend 2 different companies who offer low prices and excellent coverage: World Nomads or Insure My Trip. They both offer Free online price quotes, sign up and payment. We have personally used both companies when we travel and have made claims with both companies. They have always paid on time without any problems or hassles.