In general, does the list of all the banks in Guyana provide the same services? To the naked eye, that appears to be the case. But, if you look closely at what most banks in Guyana offer, you will notice that some are superior to others. That is why we have compiled a list of the top banks in Guyana and information on what you should look for when selecting the best banking institution to invest in your finances.
Do you believe you are ready for the list of the best banks in Guyana?
Let us get started right away.
What are the 7 top banks in Guyana?
The top seven banks in Guyana to get the best banking experience are as follows:
- Scotia Bank Guyana
- Bank of Baroda
- Republic Bank Guyana
- GBTI – Guyana
- Citizens Bank
- Demerara Bank Limited
- The Bank of Guyana
>> Check this article: How to open a Bank account
Overview of the 7 Top Banks in Guyana
The following are the top seven banks in Guyana. Each has its own set of strengths and weaknesses, so you must read the information about each bank below before choosing one to bank with your money.
Scotia Bank Guyana
The Bank of Nova Scotia (Guyana) is one of the top commercial banks that operates branches in Georgetown, New Amsterdam, Berbice, and Parika. This banking institution is a Canadian bank that operates internationally. It has been in Guyana since 1968 and currently provides a full range of retail and commercial banking services, including electronic cash management and merchant services. Scotia Bank also offers small and medium-sized businesses banking services such as online banking and electronic cash management.
Personal and commercial banking, wealth management, and corporate and investment banking are all available through the Bank of Nova Scotia. The bank also seeks to support opportunities for children and the communities in which we live and work to create a brighter future for all.
Here are a few Scotia Bank details for you:
- SWIFT Code: NOSCGYGE
- Branches and addresses:
- Carmichael Street Branch: 104 Carmichael Street, North Cummingsburg
- Robb Street Branch: 65 Robb Street Lacytown Georgetown
- Parika Branch: Parika Highway, East Bank Essequibo
- New Amsterdam Branch: 12 Strand New Amsterdam Berbice
- Main Telephone number: 592 223 4357
- Fax: 592-225-9309
- Emails: bns.guyana@scotiabank.com or customerCareGY@scotiabank.com

Bank of Baroda, Inc
The Bank of Baroda Inc. is one of Guyana’s top banking institutions and one of the best commercial banks in the Caribbean. It was established in 1908 in Western India and has since expanded to 24 countries. It was established in Guyana in March 1966, less than a year after the formation of the Bank of Guyana.
This bank has a banking service for your needs, whether you are an individual, a small business, or a giant corporation. This bank has a banking service for your needs. These services include credit cards, savings accounts, current accounts, fixed deposits, loans, term deposits, insurance products, foreign exchange services, and utility payments. Some utility payments available by Republic Bank are Guyana Power and Light Bills, GTT Bill Payments, and GRA Vehicle License Fees.
Bank of Baroda (Guyana) Inc. offers currency exchange services in EUR, INR, GBP, and USD.
Here are some Bank of Baroda Inc. ( Guyana) details for you:
- SWIFT Code: BARBGYGEXXX
- Address: RR6M+HQ4, Regent St, Georgetown, Guyana
- Phone: +592 226 4005
Republic Bank (Guyana) Limited
Republic Bank (Guyana) Ltd. is a fully owned subsidiary of Republic Bank Group (Guyana), which operates a network of banks in Guyana and internationally. The headquarters of the bank are in Trinidad and Tobago. This bank operates branches in Guyana, Barbados, Anguilla, the British Virgin Islands, the Cayman Islands, Ghana, Grenada, St. Vincent, Dominica, and the Grenadines. Some top Republic banking services include loans, saving and checking accounts, online banking, mortgages, investments, etc.
With Republic Online, you can pay bills and manage your accounts easily. In addition to the online banking feature, there is a Republic Mobile App that provides mobile banking 24/7 on the go. Additional benefits include the Republic Bank Point-of-Sale (POS) Service. This service allows businesses to accept payments using the Republic Bank One Card. The Republic Bank One Card is not the best option for online shopping. Unlocking the Republic Bank One Card for a period of three days is stressful, especially if you want to do Amazon online shopping. You may be better off using the Republic Bank Visa Travel Money Card for your online shopping rather than just for travel.
An individual or business has several Republic banking services options available to them. These services include credit cards, savings accounts, loans, international wire transfers, insurance products, foreign exchange services, and utility payments. Republic bank utility payments service includes Guyana Power and Light bills, GWI bills, GTT Bill Payments, and GRA Vehicle License Fees.
View account balances, and transaction history, download eStatements, and conduct transfers between Republic Bank accounts or any other local bank account. You can also do credit card payments and VTM prepaid card reloading.
Here are some Republic Bank details for you:
- SWIFT Code: RBGLGYGG
- Main office addresses: 155-156 New Market Street, North Cummingsburg, Georgetown
- Main Telephone number: (592) 223-7938-49
- Emails: gyemail@rfhl.com
- Website: www.republicguyana.com
GBTI – Guyana Bank for Trade and Industry Limited
Guyana Bank for Trade & Industry Limited (GBTI) is a Guyana government-owned financial institution. The Guyana Development Bank was established in 1959. In 1984, the bank became a commercial bank, and in 2001, it began offering consumer banking products.
Currently, GBTI provides a wide range of services to its customers in Guyana. Personal savings, business, and investment accounts are among the services provided. They also provide housing and business loans. GBTI also offers Visa international debit and credit cards as part of its services. This bank has one of the best mobile and online banking services, allowing you to easily access and manage your bank account 24 hours a day, seven days a week.
GBTI supports dependable and effective international commercial transactions in addition to electronic payments, foreign currency accounts, letters of credit, and other services.
Here are a few GBTI Bank details for you:
- SWIFT Code: GUTIGYGE
- Main branch location: 138 Regent St, Georgetown
- Telephone number: 592 225 5291

Citizens Bank of Guyana, Inc.
Citizens Bank Guyana, Inc. is one of the oldest banks in Guyana that offers retail and commercial banking services. The main branch is in Georgetown, and there are also branches in Linden, Essequibo, Parika, New Amsterdam, Berbice, and Georgetown, Guyana.
Also Read: Citizen Bank Online Banking Solutions
There are numerous advantages to opening an account with this financial institution. Citizen Bank can assist you in meeting your specific needs, whether you want to build your first home, buy a vehicle, or start your own business.
This commercial bank offers savings, loans, online banking, foreign exchange, credit card management, payroll services, and online banking services, among other things.
With the Citizens Bank International Visa Credit Card, you can obtain credit, make online purchases, and use it anywhere that accepts Visa cards.
- MAIN BRANCH: Georgetown
- Address: 231-233 Camp Street and South Road, Lacytown, Georgetown, Guyana
- Phone: +592 226 1705 – 6
- Website: citizensbankgy.com
Demerara Bank Limited
Another prestigious bank in Guyana is Demerara Bank Limited, which was founded as a private limited liability business on January 20, 1992. Then, on October 31, 1994, it was granted a license to run a bank.
Demerara Bank offers services in Guyana in places including Rose Hall, Corriverton, Anna Regina, and Diamond. Residential mortgages, wire transfers, utility bill payments, loans, ATM services, overseas visa cards, and more are among the services offered.
Here are some details about Demerara Bank Limited:
- SWIFT Code: DMBKGYGTXXX
- Swift code (8 characters) DMBKGYGT
- Main office addresses: 230 Camp & South Streets, Lacytown, Georgetown
- Main Telephone number: (592) 225 0610-8
- Fax number: (592) 225 0601
- Emails: banking@demerarabank.com
- Website: https: demerarabank.com/

Bank of Guyana
The Bank of Guyana is a long-standing, reputable bank that offers retail and commercial banking services. Prior to the independence of Guyana in 1966, in 1965, it was officially known as the Central Bank of Guyana. In Guyana’s regional financial system, this bank is crucial.
The Bank of Guyana Act No.19 of 1998 established the Central Bank as a stand-alone organization with laws governing its governance and management, interactions with authorized financial institutions, and relationships with the government. The Central Bank is also in charge of licensing and overseeing foreign exchange dealers (cambios). Cambios are permitted to acquire and sell foreign currency through the Bank of Guyana. As a result, there are many benefits to opening a business bank account with Guyana’s primary banking institution.
Bank of Guyana, like other banks in Guyana, also offers savings, loans, foreign exchange, credit card processing and payroll services.
- SWIFT Code: GUTIGYGE XXX
- Address: Lot 1 Church and Avenue of the Republic, Robbstown, Georgetown
- Phone: 592-226-3250-9
- Website: https://bankofguyana.org.gy/
How to select one of the best banks in Guyana
There are a few factors to consider when choosing which bank is right for you. Here are a few things you should consider:

- Interest rates: Check to see what the interest rate is, and then make a comparison between them. Some banks offer better overdraft interest rates than others. Make that comparison and see which has more incentives.
- Branch access: Easy access to the bank is often overlooked when opening a bank account. You should see which of the banks under consideration have branches closest to your dwelling places.
- Widely accepted bank cards: More and more bank customers in Guyana use debit cards to complete online shopping. Having a card that is acceptable for purchases in most countries is beneficial. But most banks issue Visa cards in Guyana, so this is not an issue.
- Good Customer service: Choose a bank that is easy access to their customer support staff. If you have an issue, the bank must be able to provide customer support by telephone or online to help resolve your issues. It is sometimes difficult to get to some banks in Guyana via the phone. This difficulty is due to the long waiting time on the phone. Test out the customer support service of the banks.
- Banking options: You should be able to complete banking transactions at different branches. Also, the ability to check account and credit card balances online or using a mobile app.
- Mobile banking app: Most people have mobile devices used to access their information at their fingertips. Banks must support mobile banking apps so customers can easily access banking information and complete online transactions.
- Additional financial services: Check what other services that may be of benefit to you. Make comparisons between the best mortgage, cards, and other services of your interest.
FAQ about the top banks in Guyana
How do I open a new bank account at one of the top Banks in Guyana?
You will go to the bank of your choice in Guyana to open a new bank account. An online application can kick off the process. There are some documents that you must provide in order to open an account. These documents include a photo ID, proof of residence, proof of income, and some personal information. You’ll also need a down payment.
How do you open a Guyana bank account if you live in another country?
You must provide all legal documents to open a bank account if you are not a resident of Guyana or an overseas Guyanese. Remember that you are conducting business with a financial institution located outside of your home country. Valid identification and proof of address will be required. Provide information about your citizenship and tax identification number, among other things. Residents of the United States will be required to provide their Social Security number. The initial deposit, as well as proof of income, are required.
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