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Guide to Banks in Guatemala
Getting the most out of foreign investment markets from banks in Guatemala
Guatemala banking institutions provide clients with the ease of working with their US based banks. US based banks in Guatemala as well as other global banks in Guatemala give customers peace of mind working on both sides of the pond.
International banking in Guatemala helps business owners expand easily to this growing global marketplace. Guatemala banks get commercial customers the products they need to establish successful businesses or expand global franchises to the Guatemalan economy. Work with banks in Guatemala to:
1. Invest in the Guatemala economy through Guatemala banking institutions.
2. Understand the culture and climate of doing business in Guatemala.
3. Strengthen your business presence through Guatemalan banks.
4. Establish your business as a competitor in the global marketplace.
Action Steps
The best contacts and resources to help you get it done
Find a Guatemala banking institution that is a branch of a US based bank
Using a bank you know and trust helps get your business expansion to Guatemala up and running smoothly and efficiently. Having ready access to both home and international bank accounts simultaneously gives you peace of mind that your finances and business transactions are secure.
I recommend:
The International Bank of Miami is an international company offering banking in the US and countries like Guatemala. AllBanks.com provides users with information on banks with branches throughout the world.
Use local commercial banking in Guatemala as a resource for community involvement
Working with a local Guatemala bank helps establish your business as a contributor to the local economy. A good relationship with an Guatemala banking institution gets you recognized as a trusted partner in progress in your business location.
I recommend:
Banco de Guatemala and Banco de Occidente has locations and branches throughout the country to serve all your business needs.
Compare banks in Guatemala through trusted financial resources
Work closely with your home based bank to help get good investment information about commercial banking in Guatemala. Banking in any foreign country requires some self education, so working with a banker you trust makes the learning curve less daunting.
I recommend:
Citibank has branches here and abroad to meet your global business needs. Banco Uno of Guatemala is a correspondent with Nationsbank, Bank of America and the International Bank of Miami.
Tips & Tactics
Helpful advice for making the most of this Guide- Do your homework about Guatemalan culture before beginning a relationship with local banks of Guatemala. Finding out what you need to know about etiquette and customs helps keep you from offending anyone before ever getting started.
- Make sure when banking in Guatemala you have a well qualified translator or someone in your financial institution that can help you with language barriers. Much of Guatemala speaks English, but it's always a good idea to have someone who can help you if you need it.
