To open a bank account in Guyana, you need a valid ID document and a few basic requirements. You will also have to make a small deposit to get started.
Most people in Guyana apply for a bank account in person. Few banks in Guyana offer online applications, and you will still need to complete the process in person. The online application is merely a time saver.
To proceed, you will need a government-issued ID, regardless of which method you choose. You will also need proof of address, personal details, and some money for the initial deposit. The requirements to open a personal savings account or a business checking account in Guyana are outlined below.
To open a bank account in Guyana, you need to bring some legal documents. If you are applying online, you can use the links on the website to upload your documents. To fully open your bank account, you will have to make a trip to the bank. You will be required to sign the necessary legal documents.
The majority of the requirements are the same for opening a checking or savings account at a bank in Guyana.
If you are interested in a detailed guide on which bank is best to open a bank account in Guyana, use the link here. There you will find information on the top banks in Guyana and their best rankings.
You can also read about the banks in the list below (review) by clicking on their names:
Here is what you will need to open your new bank account in Guyana:
To open a bank account in Guyana, you need a valid ID document such as a national ID card, passport, or driver’s license. Any one of these photo ID documents is acceptable to open a bank account at any one of the banks in Guyana.
This document is also known as a proof of residence. The bank will require this document as a security measure. The address must match the address you wrote on the application form. If the bank wants to send essential information or visit your location, they have your information on file.
The TIN is a legal document issued by the Guyana Revenue Authority. Every tax-paying individual and business must have a TIN. The bank will request your TIN when setting up a new bank account in Guyana.
you will need to provide information to show proof of income. The bank uses this income information as a reference concerning your deposits. Individuals must provide a job letter and a recent payslip from their employers, issued within the past 3–6 months. If you are self-employed or operating a business, submit your income statements and registration of the business.
You can uplift the application form from the bank or download it online. Before your visit to open the account, you should fill out the application information and sign the form.
Other requirements include an initial deposit, a phone number, business registration, and identification details of additional applicants (joint accounts).
