Wcities.com Inc.

 


  Home

  Country Facts

  Climate

  Money & Banking

  Travel Essentials

  Security Briefing

  Health & Medical

  Transportation

  Communications

  Business Services

  Technical/Internet

  Electrical

  Business Culture

  Embassies & Consulates

  The Businesswoman

  Essential Terms

  Country Map



Guatemala

 

Money & Banking


Currency


The currency of Guatemala is the quetzal (Q).
One Q = 100 centavos.
ISO Currency Code: GTQ

 


Denominations


Notes: Q500, 100, 50, 20, 10, 1, and 50 centavos.
Coins: 25, 10, and 5 centavos.

 


Traveler's Checks and Credit Cards


Traveler's checks can be exchanged at banks, exchange shops, hotels, and international airports at various tourist exchange rates. Larger banks may offer the best exchange rates. There is both a black market and a government-tolerated gray market in currency exchange. The latter will be found at border crossings where no official bank is present, and the former should be avoided all together.

U.S. dollars are the best foreign currency to bring to Guatemala, as any other currency can involve bureaucratic hassles during exchange. Locals will also accept U.S. currency for regular transactions at, or near, the regular exchange rate. Expect to barter at tourist shops and markets. However, do not expect the same at Guatemalan Indian markets, where merchants will rarely barter down even 10 percent.

Major credit cards like American Express, Visa, Diners Club, and MasterCard are accepted in good hotels and restaurants at the same exchange rate as cash. Some banks in the capital offer cash advances on credit cards, but make sure you bring your passport. ATMs are rare even in the capital. If traveling outside of Guatemala City or major towns, it is recommended that you carry cash.

American Express

Additional offices exist; locations may be ascertained by inquiring at a listed office, or by visiting the AmEx website.
Web: http://www.travel.americanexpress.com/travel/personal/resources/tso/

Guatemala City

Clark Tours
Centro Comercial Montufar
12 Calle 0-93 Zona 9
Tel: [502] 339-2888, 331-7422
Hours: Monday to Friday 8a.m. to 5p.m.


MasterCard/Maestro/Cirrus ATM Locations


A new network of Credomatic ATMs is being put into place.
Web: www.mastercard.com/atm


Visa ATM Locations

Guatemala City: about 20 Accesso S.A. ATMs.
Web: www.visa.com/pd/atm/main.html

 

Lost or Stolen Cards and Checks

 

Most nonlocal telephone numbers are toll-free or collect; if not, the call is generally reimbursable. Inquire of your agent.

American Express    

(905) 474-0870 (Int'l. collect)

American Express Traveler's Checks

999-0158 or  1-800-964-6665

Diners Club    

[502] 231-7955

MasterCard    

999-1480

Thomas Cook Traveler's Checks

1-800-223-7373 or [44] (1733) 294-451

Visa    

999-0115

 


Money Wiring


The following contact information is derived from listings by MoneyGram and Western Union and is not intended to be complete. Inquire of these agents, or at your hotel or bank, for reference to an agent most convenient for you.

MoneyGram
Guatemala City: about 20 agents.

Banco del Cafe
Ave. Reforma 9-00 Zona 9
Tel: [502] 331-1311

Banco del Cafe, S.A.
Calle Marti 11-00, Zona 6
Tel: [502] 234-0044


Western Union
Guatemala City : almost 250 agents

Corpobanco
23 Calle 1-32 Zona 1
Tel: [502] 230-4294

Vivibanco Metronorte
Centro Comercial Metronorte; Local 25, Zona 17
Tel: [502] 256-0465

 


Banks


Guatemala City

Banco de Guatemala
7 Avenida 22-01, zona 1

Banco del Agro
9 Calle 5-39, zona 1

Banco del Cafe, S.A.
Avenida La Reforma 9-00, zona 9

Banco de Occidente
7 Ave. 11-15, zona 1

 

Banco Internacional S.A.
7 Avenida 11-20, zona 1


Banco Metropolitano, S.A.
5 Avenida 8-24, zona 1, Edificio Cruz Azul

Banco Nacional de Desarrollo Agricola (Bandesa)
9 Calle 9-47, zona 1

 

Banco National de la Vivienda (Banvi)
6 Avenida 1-22, zona 4


Banco Uno, S.A.
011 Calle 5-07, zona 1

Citibank
Avenida La Reforma 15-45, zona 10

Credito Hipotecario Nacional
7 Avenida 22-77, zona 1

Lloyds Bank Internacional S.A.
6 Avenida 9-51, zona 9