Foreign Trade Business Services
GBTI
is your link to the international marketplace with a wide range of foreign
trade products and services that enable you to conduct transactions
across borders with overseas counterparts. Our Correspondent
Bank relationships with the major international banks allow us to
efficiently handle all your foreign business and documentary needs anywhere
in the world. Membership to the SWIFT Network gives us capabilities
of real time processing of your inward / outward money
transfers. We offer the best exchange
rates for your foreign currency and an efficient service in a friendly
and secure environment.
The hallmarks of our service are our:
- Competitive currency exchange rates
- Competitive transaction charges
- Real Time Money transfer
Cambio Facilities
Our Bank is a licensed dealer in foreign currency and all of our branches
provide currency exchange “cambio” services. Our exchange
rates are competitive and customers are given receipts for transactions.
See current currency exchange rates.
Foreign Drafts
Our foreign drafts, which are drawn on the major international banks,
allow you to make payment for products and services in the major currencies:
US, STG & CAN. We also accept your foreign cheques on deposit, which
proceeds are released upon the expiration of a holding period, to allow
us to confirm the cheque with our overseas banks.
Inward / Outward Money Transfer
Our
membership of the SWIFT Network enables us to receive and transfer funds
to any country in the world. The SWIFT system facilitates real-time
processing of your transaction ensuring delivery and receipt within
minutes of transmission. Contact our Foreign Trade Department for details
or use our member identification code GUTIGYGE, when dealing with the
bank nearest to you. See a list of Correspondent
Banks and currency exchange rates.
Foreign Currency Accounts
These accounts are offered in US and Canadian Dollars and Pounds Sterling
and are available to non-residents, local exporters and gold miners.
However the local exporters and gold miners must obtain approval from
the Bank of Guyana before such accounts can be opened. All deposits
to these accounts must originate from an overseas source.
VISA and American Express Travellers
Cheques
Utilise our Travelers Cheques service when traveling overseas. We sell
and purchase VISA and American Express Travelers Cheques in the major
currencies (US, CAN and STG) at the prevailing Cambio rates.
American Express Card Applications
We offer an American Express Card Application service that allows you
to obtain your Personal, Gold or Corporate card based upon our recommendations.
Contact our Water St. HQ Loans Department
to obtain details of the service.