Guyana Banking and Money

Banking Hours

Banking Hours at most banks are relatively short:

Mondays to Thursdays: 08:00 — 14:00
Fridays: 08:00-14:30
Main commercial banks

Bank of Baroda: Georgetown
Bank of Nova Scotia: Georgetown (3 branches) Bartica, New Amsterdani, Parika
Citizen’s Bank: Georgetown, Parika
Demerara Bank: Georgetown
Guyana Bank for Trade and Industry: Georgetown(3 branches), Corriverton, Anna Regina, Parika,Weed-en-Hoop
Guyana National Cooperative Bank: Georgetown, Anna Regina, Corriverton Kwakwani, Linden, New Amsterdam, Rose Hall, Vreed- en-Hoop
Republic Bank Guyana Limited: Georgetown (2 branches), Anna Regina, Corriverton, Linden,
Rosehail,Rosignol

Currency

The unit of currency is the Guyana dollar, which floats against the US dollar. Exchange rate is approximately US$1 = G$200. US dollars are widely accepted. British, Canadian and some other bank notes may be accepted as well. Foreign currency can be changed at banks, finance houses, and cambios. Many hotels will also change money but generally give less attractive rates.

Credit Cards

Major credit cards and traveller’s cheques are accepted by most hotels, restaurants, car rental agencies and tour operators. Scotia Cards and Master Cards can be used to obtain cash from the Bank of Nova Scotia during banking hours. American Express cards can be used at Demerara Bank. Foreign credit cards cannot be used at ATM machines in Guyana

2 comments

  1. Alan Legg says:

    Dear Sir or Madam,

    We are finalizing the accounting records of our subsidiary in Guyana and would appreciate it if you could provide us with “the Spot exchange rate” as at July 31, 2009.

    Thanking you in advance,

    Sincerely yours,
    Alan Legg
    Mammoth Minerals Inc
    Toronto, Canada

  2. funny! Be intrigued to c how long it lasts this time for Zellweger.

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