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TapTap Send
Rate 7.6003 · Fee free
You send
$1,000
Recipient gets
Q7,600
Q260 more than the most expensive provider · 0.37% markup vs mid-market
Affiliate link · No extra cost to you
Quick answer: The cheapest way to send money to Guatemala in August 2026 is TapTap Send, which delivers 7,600.28 GTQ on a 1,000 USD transfer with a fee of zero and an exchange rate of 7.6003. According to SendMoneyCompare's comparison of 13 providers updated every 6 hours, the difference between the cheapest and most expensive provider on this corridor is 260 GTQ.
Last reviewed: by Awais Imran, Reviews Editor
Sending $1,000 from to Guatemala. Sorted by best value — most money received.
Source: SendMoneyCompare · Data updated every 6 hours from live provider APIs
TapTap SendBest value
7.6003
Free
Q7,600.28
7.5751
Free
Q7,575.11
7.5583
$0.99
Q7,550.84
7.6613
$15.49
Q7,542.64
7.5293
$1.99
Q7,514.35
7.5225
$1.99
Q7,507.50
7.5171
$2.99
Q7,494.65
7.5042
$1.99
Q7,489.23
Potential savings: Choosing the best provider over the most expensive saves your recipient Q260.35 on a $1,000 transfer.
Guatemala is one of the most remittance-dependent economies in the world — remittances exceeded $21 billion in 2023, representing over 20% of GDP and more than the entire agricultural sector. The vast majority of transfers come from Guatemalans living in the United States, and the USD-to-GTQ corridor has dozens of competing providers, especially for cash pickup at local banks and agents.

Exchange rate
7.6003
Fee
Free
Recipient gets
Q7,600.28
Speed
Under 3 minutes (95% of transfers)
SendMoneyCompare
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Example alert
GBP → INR · cheapest just changed
Sending £1,000 today? The top provider on this corridor now lands about ₹1,180 more than yesterday’s best — the bank wire is still ₹9,400 behind.
sendmoneycompare.com/send-money/uk-to-india
09:12USD → PHP · watch the funding fee
Two providers added a card-funding fee this morning. Paying by bank transfer is now the cheaper route on this corridor.
Thu 16:40Different providers excel at different things. Here's who's best for each use case on the to Guatemala route.
Cheapest transfer
TapTap Send
Delivers the most GTQ for your money
Fastest transfer
TapTap Send
Delivers in Under 3 minutes (95% of transfers)
Cash pickup
BOSS Money
Widest cash pickup network
Bank transfer
TapTap Send
Best rate for bank deposit to Guatemala
Sending money to Guatemalais straightforward with the right provider. Here's how it works in 3 simple steps.
Choose how much USD you want to send, compare providers above, and pick the one offering the best GTQ amount for your transfer to Guatemala.
Enter your recipient's details in Guatemala — you'll need their bank account number. Most providers verify details instantly.
Pay using bank transfer, debit card, or credit card. Track your money in real-time until it arrives — bank deposit typically takes 1–2 business days.
Make sure you have these details from your recipient before starting your transfer.
Full name
Recipient's full legal name as registered with their bank or on their DPI (national ID)
Bank account number
Guatemalan bank account number (varies by bank, typically 10–13 digits)
Example: 1234567890123
Bank name
Name of the recipient's bank (e.g. Banrural, Industrial, G&T Continental)
DPI number
OptionalDocumento Personal de Identificacion number for cash pickup
Note: Guatemala does not use the IBAN system. Bank account numbers vary in length by institution. The DPI (Documento Personal de Identificacion) is Guatemala's national ID and is typically required for cash pickup transactions.
See how much your recipient would get for common transfer amounts.
TapTap Send
7.60 · Under 3 minutes (95% of transfers)
InstaReM
7.58 · 1-3 business days
Revolut
7.57 · 0-1 days
BOSS Money
7.56 · Instant
Sendwave
7.57 · Instant
WorldRemit
7.56 · 1-2 business days
TapTap Send
7.60 · Under 3 minutes (95% of transfers)
InstaReM
7.58 · 1-3 business days
Revolut
7.57 · 0-1 days
Sendwave
7.57 · Instant
BOSS Money
7.56 · Instant
WorldRemit
7.56 · 0-3 days
TapTap Send
7.60 · Under 3 minutes (95% of transfers)
Sendwave
7.57 · Instant
Revolut
7.57 · 0-1 days
BOSS Money
7.56 · Instant
InstaReM
7.58 · 1-3 business days
MoneyGram
7.53 · Instant
Transfer fees to Guatemala vary by provider and how you pay. Specialist services charge Q0–10 per transfer, while banks charge $25–50 plus a 2–5% exchange rate markup. The exchange rate markup is usually the bigger cost — always compare the total GTQ your recipient receives.
The true cost of a money transfer has two components:
Transfer fee
The upfront charge — typically $0–$10 with specialist providers.
Exchange rate markup
The hidden cost — the difference between the provider's rate and the mid-market rate (7.6285).
Choose how you want to pay for your transfer. Each payment method has different costs and speeds.
Cash pickup is the dominant method in Guatemala — the country has a large unbanked population, and remittances from the US are a vital economic lifeline. Bank deposit is growing but cash remains king, especially outside Guatemala City.
Speed: Minutes to hours
Fast and convenient — small card processing fee applies
Speed: 1–3 business days
Usually the cheapest option — lowest fees and no card processing charges
Speed: Minutes to hours
Convenient mobile payment — linked card fees apply
Speed: Minutes to hours
Convenient mobile payment — linked card fees apply
Speed: Varies
Pay cash at an agent location — available at select providers
Speed: Minutes to hours
Fastest option but highest fees — card issuer may charge cash advance fee
Your recipient in Guatemala can receive money through these delivery methods. The best option depends on their location and preferences.
Direct transfer to Guatemalan bank accounts. Available at major banks nationwide.
Collect cash from thousands of agent locations across Guatemala — the most popular method due to high unbanked population.
Cash delivered to the recipient's address in select Guatemalan cities.
Transfer to Tigo Money mobile wallet for recipients with Tigo phone service.
Important rules and requirements to know before sending money to Guatemala.
Regulatory body
Superintendencia de Bancos de Guatemala (SIB)
Inbound transfer limits
No cap on incoming remittances — Guatemala is one of the most remittance-dependent economies in the region
Documentation you may need
Most transfers to Guatemala arrive within 1–2 business days with specialist providers. Mobile wallet and cash pickup options are often available within minutes. Bank deposits typically take 1–3 business days.
These are the most commonly used banks for receiving international transfers in Guatemala.
Banrural
BABORGTGXXX
Banco Industrial
INDLGTGC
Banco G&T Continental
GTCBGTGC
BAM (Banco Agromercantil)
BAMCGTGC
Banco de los Trabajadores (Bantrab)
TABORGTGXXX
Daily best exchange rates from top providers over the last 151 days. Rates shown are for sending $100.
| Date | Xoom (PayPal) | Remitly | Wise | __mid Market__ | InstaReM |
|---|---|---|---|---|---|
| Trend | |||||
| Aug 19 | 7.7759✓ | 7.4533 | 7.6259 | 7.5228 | 7.5753 |
| Aug 18 | 7.7751✓ | 7.4504 | 7.6263 | 7.5500 | 7.5723 |
| Aug 17 | 7.7781✓ | 7.4524 | 7.6266 | 7.5247 | 7.5743 |
| Aug 16 | 7.7781✓ | 7.4524 | 7.6266 | 7.5247 | 7.5743 |
| Aug 15 | 7.7781✓ | 7.4524 | 7.6266 | 7.5247 | 7.5743 |
| Aug 14 | 7.7763✓ | 7.4524 | 7.6266 | 7.5247 | 7.5743 |
| Aug 13 | 7.7760✓ | 7.4524 | 7.6268 | 7.5247 | 7.5743 |
| Aug 12 | 7.7745✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Aug 11 | 7.7747✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Aug 10 | 7.7781✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Aug 9 | 7.7781✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Aug 8 | 7.7781✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Aug 7 | 7.7781✓ | 7.4543 | 7.6252 | 7.5198 | 7.5763 |
| Aug 6 | 7.7781✓ | 7.4543 | 7.6252 | 7.5198 | 7.5763 |
| Aug 5 | 7.7761✓ | 7.4543 | 7.6252 | 7.5198 | 7.5763 |
| Aug 4 | 7.7739✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Aug 3 | 7.7781✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Aug 2 | 7.7781✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Aug 1 | 7.7781✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 31 | 7.7781✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 30 | 7.7781✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 29 | 7.7781✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 28 | 7.7771✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 27 | 7.7781✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 26 | 7.7781✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 25 | 7.7781✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 24 | 7.7766✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 23 | 7.7766✓ | 7.4543 | 7.6252 | 7.5228 | 7.5763 |
| Jul 22 | 7.7761✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 21 | 7.7761✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 20 | 7.7781✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 19 | 7.7781✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 18 | 7.7781✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 17 | 7.7776✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 16 | 7.7776✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 15 | 7.7771✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 14 | 7.7771✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 13 | 7.7810✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 12 | 7.7810✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 11 | 7.7810✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 10 | 7.7761✓ | 7.4543 | 7.6252 | 7.5247 | 7.5763 |
| Jul 9 | 7.7758✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 8 | 7.7781✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 7 | 7.7755✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 6 | 7.7775✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 5 | 7.7775✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 4 | 7.7775✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 3 | 7.7794✓ | 7.4543 | 7.6252 | 7.5600 | 7.5763 |
| Jul 2 | 7.7753✓ | 7.4536 | 7.6244 | 7.6000 | 7.5743 |
| Jul 1 | 7.7736✓ | 7.4490 | 7.6251 | 7.6000 | 7.5694 |
| Jun 30 | 7.7734✓ | 7.4533 | 7.6238 | 7.6000 | 7.5752 |
| Jun 29 | 7.7761✓ | 7.4524 | 7.6215 | 7.6000 | 7.5743 |
| Jun 28 | 7.7761✓ | 7.4524 | 7.6215 | 7.6000 | 7.5743 |
| Jun 27 | 7.7761✓ | 7.4524 | 7.6215 | 7.6000 | 7.5743 |
| Jun 26 | 7.7761✓ | 7.4538 | 7.6234 | 7.6000 | 7.5743 |
| Jun 25 | 7.7726✓ | 7.4534 | 7.6200 | 7.6000 | 7.5729 |
| Jun 24 | 7.7704✓ | 7.4477 | 7.6226 | 7.5288 | 7.5693 |
| Jun 23 | 7.7748✓ | 7.4541 | 7.6237 | 7.5288 | 7.5743 |
| Jun 22 | 7.7726✓ | 7.4455 | 7.6219 | 7.5288 | 7.5673 |
| Jun 21 | 7.7726✓ | 7.4455 | 7.6219 | 7.6000 | 7.5673 |
| Jun 20 | 7.7726✓ | 7.4455 | 7.6219 | 7.4455 | 7.5673 |
| Jun 19 | 7.7725✓ | 7.4504 | 7.6216 | 7.4504 | 7.5723 |
| Jun 18 | 7.7683✓ | 7.4426 | 7.6178 | 7.4426 | 7.5643 |
| Jun 17 | 7.7662✓ | 7.4585 | 7.6181 | 7.4585 | 7.5673 |
| Jun 16 | 7.7673✓ | 7.4585 | 7.6181 | 7.4585 | 7.5673 |
| Jun 15 | 7.7702✓ | 7.4585 | 7.6181 | 7.6000 | 7.5673 |
| Jun 14 | 7.7702✓ | 7.4585 | 7.6181 | 7.6000 | 7.5673 |
| Jun 13 | 7.7702✓ | 7.4585 | 7.6181 | 7.6000 | 7.5673 |
| Jun 12 | 7.7671✓ | 7.4585 | 7.6181 | 7.6000 | 7.5673 |
| Jun 11 | 7.7679✓ | 7.4586 | 7.6201 | 7.6000 | 7.5674 |
| Jun 10 | 7.7702✓ | 7.4586 | 7.6201 | 7.6000 | 7.5674 |
| Jun 9 | 7.7702✓ | 7.4585 | 7.6206 | 7.6000 | 7.5673 |
| Jun 8 | 7.7712✓ | 7.4604 | 7.6200 | 7.6000 | 7.5693 |
| Jun 7 | 7.7712✓ | 7.4604 | 7.6200 | 7.6000 | 7.5693 |
| Jun 6 | 7.7712✓ | 7.4604 | 7.6200 | 7.6000 | 7.5693 |
| Jun 5 | 7.7702✓ | 7.4573 | 7.6210 | 7.6000 | 7.5693 |
| Jun 4 | 7.7721✓ | 7.4608 | 7.6220 | 7.6000 | 7.5697 |
| Jun 3 | 7.7723✓ | 7.4604 | 7.6228 | 7.6000 | 7.5693 |
| Jun 2 | 7.7715✓ | 7.4596 | 7.6217 | 7.6000 | 7.5693 |
| Jun 1 | 7.7761✓ | 7.4634 | 7.6203 | 7.6000 | 7.5723 |
| May 31 | 7.7761✓ | 7.4634 | 7.6203 | 7.6000 | 7.5723 |
| May 30 | 7.7761✓ | 7.4634 | 7.6203 | 7.6000 | 7.5723 |
| May 29 | 7.7741✓ | 7.4651 | 7.6246 | 7.6000 | 7.5723 |
| May 28 | 7.7712✓ | 7.4606 | 7.6205 | 7.6000 | 7.5693 |
| May 27 | 7.7738✓ | 7.4634 | 7.6237 | 7.6000 | 7.5727 |
| May 26 | 7.7714✓ | 7.4621 | 7.6237 | 7.6000 | 7.5698 |
| May 25 | 7.7728✓ | 7.4604 | 7.6203 | 7.6000 | 7.5693 |
| May 24 | 7.7728✓ | 7.4604 | 7.6203 | 7.6000 | 7.5693 |
| May 23 | 7.7728✓ | 7.4604 | 7.6203 | 7.5700 | 7.5693 |
| May 22 | 7.7713✓ | 7.4604 | 7.6209 | 7.5328 | 7.5693 |
| May 21 | 7.7712✓ | 7.4608 | 7.6220 | 7.5328 | 7.5697 |
| May 20 | 7.7701✓ | 7.4592 | 7.6207 | 7.6000 | 7.5673 |
| May 19 | 7.7711✓ | 7.4602 | 7.6217 | 7.6000 | 7.5690 |
| May 18 | 7.7771✓ | 7.4634 | 7.6208 | 7.6000 | 7.5723 |
| May 17 | 7.7771✓ | 7.4634 | 7.6208 | 7.6000 | 7.5723 |
| May 16 | 7.7771✓ | 7.4634 | 7.6208 | 7.6000 | 7.5723 |
| May 15 | 7.6303✓ | 7.4634 | 7.6226 | 7.5328 | 7.5723 |
| May 14 | 7.6303✓ | 7.4634 | 7.6213 | 7.4634 | 7.5723 |
| May 13 | 7.7771✓ | 7.4634 | 7.6275 | 7.4634 | 7.5723 |
| May 12 | 7.7768✓ | 7.4653 | 7.6289 | 7.4653 | 7.5743 |
| May 11 | 7.7830✓ | 7.4702 | 7.6318 | 7.4702 | 7.5792 |
| May 10 | 7.7830✓ | 7.4702 | 7.6318 | 7.4702 | 7.5792 |
| May 9 | 7.7830✓ | 7.4702 | 7.6318 | 7.4702 | 7.5792 |
| May 8 | 7.7805✓ | 7.4702 | 7.6333 | 7.4702 | 7.5792 |
| May 7 | 7.7813✓ | 7.4703 | 7.6306 | 7.4703 | 7.5793 |
| May 6 | 7.7833✓ | 7.4683 | 7.6326 | 7.4683 | 7.5773 |
| May 5 | 7.7834✓ | 7.6501 | 7.6329 | 7.6501 | — |
| May 4 | 7.7935✓ | 7.4781 | 7.6390 | 7.4781 | 7.5872 |
| May 3 | 7.7935✓ | 7.4781 | 7.6390 | 7.4781 | 7.5872 |
| May 2 | 7.7935✓ | 7.4781 | 7.6390 | 7.4781 | 7.5872 |
| May 1 | 7.7924✓ | 7.4781 | 7.6383 | 7.4781 | 7.5872 |
| Apr 30 | 7.7878✓ | 7.4751 | 7.6349 | 7.4751 | — |
| Apr 29 | 7.7875✓ | 7.4717 | 7.6345 | 7.4717 | — |
| Apr 28 | 7.7905✓ | 7.4751 | 7.6390 | 7.4751 | — |
| Apr 27 | 7.7955✓ | 7.4800 | 7.6407 | 7.4800 | — |
| Apr 26 | 7.7955✓ | 7.4800 | 7.6407 | 7.4800 | — |
| Apr 25 | 7.7955✓ | 7.4800 | 7.6407 | 7.4800 | — |
| Apr 24 | 7.7955✓ | 7.4806 | 7.6413 | 7.4806 | — |
| Apr 23 | 7.7939✓ | 7.4781 | 7.6418 | 7.4781 | — |
| Apr 22 | 7.7934✓ | 7.4781 | 7.6427 | 7.4781 | — |
| Apr 21 | 7.7926✓ | 7.4772 | 7.6420 | 7.4772 | 7.5910 |
| Apr 20 | 7.7955✓ | 7.4800 | 7.6419 | 7.4800 | 7.5909 |
| Apr 19 | 7.7940✓ | 7.4800 | 7.6419 | 7.4800 | 7.5909 |
| Apr 18 | 7.7940✓ | 7.4800 | 7.6419 | 7.4800 | 7.5909 |
| Apr 17 | 7.7969✓ | 7.4829 | 7.6449 | 7.4829 | 7.5938 |
| Apr 16 | 7.7966✓ | 7.6501 | 7.6439 | 7.6501 | 7.5912 |
| Apr 15 | 7.7963✓ | 7.6501 | 7.6434 | 7.6501 | 7.5892 |
| Apr 14 | 7.7955✓ | 7.6501 | 7.6420 | 7.6501 | 7.5892 |
| Apr 13 | 7.8024✓ | 7.6501 | 7.6460 | 7.6501 | 7.5942 |
| Apr 12 | 7.8001✓ | 7.6501 | 7.6460 | 7.6501 | 7.5942 |
| Apr 11 | 7.8001✓ | 7.6501 | 7.6460 | 7.6501 | 7.5942 |
| Apr 10 | 7.7991✓ | 7.6501 | 7.6450 | 7.6501 | 7.5942 |
| Apr 9 | 7.6087 | 7.6501✓ | 7.6454 | 7.6501✓ | 7.5942 |
| Apr 8 | 7.6084 | 7.6501✓ | 7.6448 | 7.6501✓ | 7.5942 |
| Apr 7 | 7.6080 | 7.4834 | 7.6440✓ | 7.4834 | 7.5922 |
| Apr 6 | 7.6110 | 7.4849 | 7.6455✓ | 7.4849 | 7.5942 |
| Apr 5 | 7.6090 | 7.4854 | 7.6460✓ | 7.4854 | 7.5942 |
| Apr 4 | 7.6090 | 7.4854 | 7.6460✓ | 7.4854 | 7.5942 |
| Apr 3 | 7.6090 | 7.4849 | 7.6455✓ | 7.4849 | 7.5942 |
| Apr 2 | 7.6084 | 7.4849 | 7.6455✓ | 7.4849 | 7.5942 |
| Apr 1 | 7.6096 | 7.4849 | 7.6455✓ | 7.4849 | 7.5942 |
| Mar 31 | 7.6124 | 7.4849 | 7.6459✓ | 7.4849 | 7.5942 |
| Mar 30 | 7.6190 | 7.4849 | 7.6500✓ | 7.4849 | 7.5942 |
| Mar 29 | 7.6180 | 7.4927 | 7.6559✓ | 7.4927 | 7.6021 |
| Mar 28 | 7.6141 | 7.4927 | 7.6557✓ | 7.4927 | 7.6021 |
| Mar 18 | 7.6201 | 7.4954 | 7.6576✓ | 7.6576✓ | 7.6194 |
| Mar 17 | 7.6150 | 7.4908 | 7.6532 | 7.6545✓ | 7.6154 |
| Mar 16 | 7.6275 | 7.4947 | 7.6595✓ | 7.6595✓ | 7.6194 |
| Mar 15 | 7.6245 | 7.4996 | 7.6621✓ | 7.6621✓ | 7.6244 |
| Mar 14 | 7.6245 | 7.4996 | 7.6621✓ | 7.6621✓ | 7.6244 |
| Mar 13 | 7.6245 | 7.4996 | 7.6621✓ | 7.6621✓ | 7.6244 |
Remitly and Ria consistently offer competitive USD-to-GTQ rates for Guatemala. Western Union and MoneyGram are widely used for cash pickup through local bank agents. For bank-to-bank deposits, Wise offers the best exchange rate but GTQ is a less common currency so availability may vary. Always compare total GTQ received.
Cash pickup through Western Union and MoneyGram agents is typically available within minutes. Bank deposits via Remitly or Ria arrive within 1–2 business days. Most providers offer same-day or next-day delivery for transfers received before a daily cut-off time.
Banco Industrial (Bi) and Banrural have the widest branch networks in Guatemala. Bantrab is popular among rural and agricultural workers. BAM (Banco Agromercantil) and Banco GT Continental are also large receiving banks. For cash pickup, Banrural agents reach the most rural areas. All major banks accept inbound SWIFT transfers.
You need the recipient's account number, full legal name, and the bank's SWIFT code. Guatemala does not use IBAN. Key SWIFT codes: Banco Industrial (INDLGTGT), Banrural (BRURGTGT), BAM (BAGTGTGT). Confirm the exact SWIFT code with the recipient's bank as branch-specific codes may vary.
No. Personal remittances received in Guatemala are not subject to any Guatemalan income tax. The government has long recognised remittances as a vital economic lifeline and has no withholding or taxes on inbound personal transfers.
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