Looking to send money home to Guatemala? There are potentially up to 1.5 million Guatemalans living in the United States alone, many of them sending remittances. These remittances are crucial for daily expenses for nearly 10% of the Guatemalan population.
However, sometimes sending your hard-earned dollars back home could be tricky. High fees and slow delivery times mean that less of your money is reaching those who need it.
Remitly offers a different experience. We strive to make it easy for you to send as much money home as possible.
One popular way of sending money with Remitly is to send it to a Banrural account. Your friends or family in Guatemala can get money wired directly to their bank account or pick it up in cash. This service provides a convenient option for those looking to support their loved ones back home. For users interested in similar services, Remitly also offers guidance on how to send money to Mexico, ensuring that customers can easily navigate the process. With competitive rates and fast transfers, it’s an ideal choice for remittances across borders. In addition to Banrural, users can also send money to Banco Industrial, expanding their options for supporting family and friends. This flexibility allows for quick access to funds, whether through direct bank deposits or cash pick-ups at various locations. Remitly’s user-friendly platform ensures that sending money is seamless, giving customers peace of mind while helping their loved ones thrive.
Send Money to Banrural in Guatemala in 5 Easy Steps
It is very easy to start your transfer to Banrural using Remitly. In fact, it only takes 5 simple steps: Once you’ve initiated the transfer, you will be guided through the process of entering the recipient’s details and the amount you wish to send. If you’re looking for guidance on how to send money to Tunisia, Remitly provides a user-friendly interface that makes it easier than ever. After confirming the transaction, you can track your money in real time until it reaches its destination.
- Download the Remitly app and create an account.
- Decide how much you want to send in U.S. dollars (USD) or Guatemalan Quetzal (GTQ).
- Choose whether you want to send it as a Bank Deposit or Cash Pickup.
- Enter your recipient’s name, address, phone number, and bank account number.
- Enter your payment information.
That’s all it takes! Once you’ve sent your transfer, you can track its progress on the app. We can also send your recipient in Guatemala SMS updates, so they know when the money has arrived. Your money transfer typically arrives within minutes.
Why Should I Use Remitly to Send Money to Banrural?
We know every dollar you make matters. That’s why we offer competitive exchange rates and transparent pricing.
While the process to transfer money is fast and easy, we run several bank-level security checks behind the scenes to make sure your money and information are safe.
We also offer a dedicated support line for all of your questions, in both English and Spanish.
How Quickly Will my Money Arrive at Banrural?
Your money transfer to Banrural typically arrives within minutes. You can check the app to verify its arrival, and you will also receive updates from Remitly. This will be specially important when you need to send money home for emergency reasons.
How Much Money Can I Send to Banrural with Remitly?
As an international money transfer provider, Remitly balances customer service with account security and international regulations. To do this, we have a sending limit when you first open your account.
If you need to send more than that, we will ask you for more information. For more about raising your sending limits, check out details here. Additional sending limits may apply depending upon your choice of payout partner or receiving location.
Is it Safe to Send Money to Banrural with Remitly?
Sending money to Banrural through Remitly is very safe. We are licensed and follow international data security regulations. Our encryption protection is the same as the one in banks. And we have a team of security professionals who focus on keeping your account and information safe.
In addition, you will always be able to track your transfer either on the app, the web, or our through SMS. If you have any questions, we have a 24/7 support line with both English and Spanish options.
3 Reasons We Love Banrural
Banrural, short for Banco de Desarrollo Rural, was established in 1997 in Guatemala as a development bank. It’s always had a particular focus on serving micro-businesses and other rural entrepreneurs. In fact, their ownership structure is unique: they’re owned in part by the Guatemalan government, cooperatives, individual shareholders, and indigenous groups.
This is a bank focused on being accessible to every Guatemalan. You’ll often find a Banrural close to a pharmacy, park, or another commercial center in towns as small as Poptún or Nebaj or as big as Guatemala City.
They offer an array of traditional banking services for both individuals and small businesses, including insurance, loans, and other products.