GBTI review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
GBTI gives Guyanese businesses a bank account with a Mastercard Debit Card issued on opening and round-the-clock cash access, regulated by the Bank of Guyana. Its 4 currencies and 0.5% currency conversion cost make it a straightforward local business account rather than a multi-currency one.
Key facts
- Best for
- A business in Guyana that wants a bank account, a debit card and cash access as standard.
- Monthly fee
- GYD 200↗
- Currency conversion fee
- 0.5%↗
- Currencies
- 4↗
- Transfer fee
- Outward EFT $100 plus $300; transfer between accounts $2,000 plus debit advice charge; SWIFT outward (US, STG, CDN, EURO) $5,500↗
- Legal entity
- Guyana Bank for Trade & Industry Ltd.↗
- Headquarters
- Guyana↗
- Founded
- 1836 to 1987↗
- Support channels
- Email, Phone↗
- Audience
- Business
- Official website
- gbtibank.com
Savings
Money transfer
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Get the app
- App Store
- Elsewhere
- LinkedInfacebook.com
Pros and cons
Pros
- A Mastercard Debit Card is issued when the account opens, with ATM and point of sale access around the clock.
- Currency conversion fees of 0.5% rank 149 of 312 on the site, so converting is not priced at the expensive end.
- Support runs on email and phone, so a person can be reached by email or phone.
- The balance pays a variable rate, so it moves with the bank's rates instead of locking funds into a term.
Cons
- A monthly fee of GYD 200 to keep the account running, where the site median monthly fee is €0.
- Outward SWIFT transfers cost GYD 5,500, and moves between your own accounts add a debit advice charge.
- Coverage stops at 4 currencies, which ranks 183 of 379 on the site.
Who it suits
- Businesses registered in Guyana that want a Mastercard Debit Card and cash machine access as standard.
- Companies paying suppliers at home or abroad and happy to hold 4 currencies in one balance.
- Owners who would rather ring or email the bank than rely on in-app chat, since email and phone covers email and phone.
Who should look elsewhere
- Plazo ES, at a monthly fee of €0, if you would rather pay nothing to hold an account.
- Skrill, at a monthly fee of €0, if the cost of keeping the account matters more than having a bank account and a debit card.
- PayPal Colombia, at a monthly fee of $0, if you would rather not meet a minimum deposit of GYD 5,000.
How GBTI compares
9.3 vs 8.7
9.3 vs 8.6
9.3 vs 8.0
9.3 vs 8.9
9.3 vs 9.1
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9.3 vs 8.7
9.3 vs 8.7
9.3 vs 8.7
9.3 vs 9.0A monthly fee of €0 makes it the cheaper pick on upkeep, while GBTI charges GYD 200 and opens with a Mastercard Debit Card.
9.3 vs 8.7
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Where GBTI is available
- Available
- Guyana
- Licence in Guyana
- Bank of Guyana, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to keep a GBTI account open?+
GBTI charges a monthly fee of GYD 200 on this easy-access business account, set out in its schedule of charges. The median monthly fee across the brands on the site is €0, so this is one of the accounts where holding a balance costs money. The account kind is easy access and the rate is variable.
Is there a minimum deposit to open the account?+
Yes, GYD 5,000 is the minimum deposit for the account. The median minimum deposit across the brands on the site is €0.11, so this opening balance sits above the typical requirement and businesses with thin startup cash need to plan for it.
What do I get when I open the account?+
A Mastercard Debit Card is issued when the account opens, with ATM and point of sale access around the clock. The balance is easy access and pays a variable rate, so interest can move with the bank's rates rather than being fixed for a set term.
How much does it cost to send money abroad?+
Outward SWIFT transfers are charged at GYD 5,500, and the schedule also lists outward EFT charges plus a debit advice charge on moves between your own accounts. Converting currency costs 0.5%, which ranks 149 of 312 on the site.
How many currencies can I hold?+
GBTI covers 4 currencies, fewer than the site median of 5. That ranks 183 of 379 on the site, so a business that collects or pays in several currencies is better served by an account built for that.
Who regulates the bank?+
GBTI is a licensed bank, Guyana Bank for Trade & Industry Ltd., headquartered in Guyana, and the Bank of Guyana is the named regulator. Its founding dates are 1,836 to 1,987, so it is an established local bank rather than a new name on the listings.
How do I get help with the account?+
Support runs on email and phone, so email and phone reach the bank directly. That matters for a business account, where a question about a charge or a failed transfer can hold up a payment, and the fee schedule is where the exact amounts sit.
How do I get money out of the account?+
Payouts run to a bank account, bank, so money leaves to your own bank details rather than to a card or a cash point. That suits a business that pays suppliers and staff straight from its operating balance.
Sources
- gbtibank.com checked September 26, 2026
Backs: Audience
“We care about you, whether you are a business customer or a personal customer.”
- gbtibank.com/about-us checked September 26, 2026
Backs: Founded
“The story begins with the establishment of the Colonial Bank in May 1836, the first commercial bank in British Guiana ... In December 1987, the Government of Guyana acquired the assets and...”
- gbtibank.com/bank-accounts checked September 26, 2026
Backs: Access terms, Account kind, Minimum deposit, Rate type
“Get 24/7 access to your money through our nationwide ATM network and enjoy secure payments at over 235 Point-of-Sale (POS) terminals”
- gbtibank.com/contact-us checked September 26, 2026
Backs: Support channels
“Get in Touch - we'll get back to you as soon as possible: First Name, Last Name, Email, Mobile Number ... Live Support & Hotline: Corporate Office +592 231 4400-8”
- gbtibank.com/corporate-governance checked September 26, 2026
Backs: Licences
- gbtibank.com/corporate-profile checked September 26, 2026
Backs: Headquarters, Legal entity
“Registered Office High & Young Streets Kingston, Georgetown Guyana”
- gbtibank.com/digital-banking/go-banking checked September 26, 2026
Backs: Payout methods
“Transfers between personal, third party GBTI and other local bank accounts; Wire Transfers”
- gbtibank.com/schedule-of-charges checked September 26, 2026
Backs: Currencies, Currency conversion fee, Monthly fee, Transfer fee, Fee to send 1,000
“Foreign Currency Accounts - Transfer between accounts: USD US$5.00, GBP 2.00, EU 2.75, CAD 3.50”
Compiled from 8 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type, Deposit protection.
Related by the facts
Guides
GBTI
A business in Guyana that wants a bank account, a debit card and cash access as standard.