In this article I explain how to send money from the United States to Guatemala whether or not the recipient has a bank account, how to send money with Wells Fargo, Western Union and other mobile applications, how to send remittances and receive money at Banrural or a local Guatemalan bank.
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How to Send Money to Guatemala from the USA
You can send money to Guatemala through the following companies:
- Local banks like Wells Fargo.
- Using money transfer services like WesternUnion, Wise or MoneyGram.
- Mobile applications such as Airtm, paypal, payoneer, Remitly or others.
Keep reading as I explain in more detail how to send money using these services.
How to Send Money to Guatemala with Wells Fargo
There are two ways to send money from the United States through Wells Fargo. In both cases, the person sending money must have a Wells Fargo account.
You can make a wire transfer from your Wells Fargo online banking by logging in. Go to the “Transfer and Pay” menu and click “Send Wire Transfer.” Add the recipient’s information. Click “Send.”
The other way to do it is by going to a Wells Fargo branch where they will help you send it or instruct you on how to send it online there. The same information is required. Please note that sending a wire transfer costs $40 both in the branch and through online banking.
What information do I need to make a wire transfer?
You need the following:
- Name and address of the recipient.
- Name of the recipient’s bank.
- A US phone number of the sender.
- The SWIFT or BIC code of the bank abroad, in this case, the bank in Guatemala.
- Recipient’s international account number or IBAN number (to obtain it, please contact the destination bank).
How to send money to Guatemala Banrural
You can also use apps/companies that are dedicated to transferring money such as Western Union, moneygram, airtm among others.
If you don’t have a bank account, the most popular companies to send money are Western Union, MoneyGram and Wise.
How to Send Remittances to Guatemala
A remittance is the sending of money from one place to another, usually from relatives living abroad, and is used to cover the expenses of the recipient.
Typically, immigrants who come to the United States and send money to their relatives use money transfer services such as Western Union or MoneyGram.
Remittances can also be sent through the bank.
How to Send Money to Someone Without a Bank Account in Guatemala
Here I explain two ways to send money to Guatemala. The first way implies that the sender has a bank account in the United States, but the recipient does not have a bank account. The second option is in case neither of the two has a bank account.
- With the first option, you will download the Remitly app and go to the website of the same name. Create an account by clicking “ Sign up ” on the website or “Create a new profile” if you are in the app. You must have an email address to do this.
- In the next window, choose the country of origin and the destination country. Click next. Add your email and password (this is only done for the first time). Click “Join Remitly”.
- Once the account is created, you will see the main screen that asks you how many US dollars you want to send. Enter the desired amount. You can see how much you will receive in quetzales. Click continue.
- Now choose the method of receiving the money, either bank deposit or cash withdrawal. The “ cash withdrawal ” option is used in case the recipient of the money does not have a bank account. Choose the option that applies to you. If you choose bank deposit, you obviously need to have the account number.
- If you choose “bank deposit ” you must choose the bank, destination and add the account number or debit card number.
- If you choose the “cash withdrawal” option, you must choose the store where the person will withdraw the money. It is important that you are in communication, since the money can only be withdrawn from the selected store.
Next, add the recipient’s name and surname. This information must be correct. Choose the city and state where the money will be received and the phone number. Also fill in the details of the person sending the money: full name, date of birth, address, zip code, phone number. Keep the confirmation number safe, as the recipient will need it.
Add the credit or debit card details of the person sending the money: card number, expiration date, security code, name and confirm the transfer.
Attention
Anyone who receives money in Guatemala using this last method has the option of withdrawing the money at one of the following stores :
- Banrural
- Industrial Bank
- G&T Bank
- Micoope
- Bantrab
- Azteca Bank
- Elektra
- Bam
- Promerica Bank
- Bank of Antigua
- Fundea
For the second option, in which both the sender and the receiver do not have a bank account, you can use the shipping services of the following companies that only ask for the full name of the sender and recipient, as well as the city and country of the recipient. These companies are: Western Union, MoneyGram, Xoom or Wise.
To send money this way, locate a branch near you. Go to the branch with the recipient’s information and send the money. You will pay a service fee.
How to Send Money with Western Union
You can send money through Western Union online or at a Western Union agent location.
- Create an account from the Western Union app or website. You will be asked for an email address and personal information.
- Log in and click “ Send money ”.
- Choose the country where the person who will receive the money is located.
- Enter the shipping amount.
- Choose the method by which the recipient will receive the money: cash at a point of sale, in a bank account or debit card.
- Choose the payment method you will use to pay.
- Add the recipient (if you haven’t done so before) and fill in their details (if the money is being received in a bank account, you must add their account number).
- Add your card information.
- Send.
If you are sending money from a Western Union branch to another branch in another country, you must find the branch closest to you and go there. You must provide the recipient’s personal information : full name, city, country, postal code.
For everything you pay a commission for the service. It is important that the recipient’s data is correct and shows their identification. Otherwise they will not be able to receive the money.
How to Send Money to Guatemala Online
To send money to Guatemala online you need to have a bank account from which the money will be sent and you must use a money transfer app. The method is practically the same. You must register and follow the steps to make the transfer. The following companies offer this service:
- Remitly.
- Western Union.
- Paypal.
- Airtm.
- Payoneer.
- MoneyGram.
- Xoom.
- Wise.
- RIA Money Transfer.
- WorldRemit.
- Skrill.
We are grateful to be able to help you with your paperwork ! If you have any questions, you can contact us. If you need to do more paperwork in Guatemala, you can click on the link. We have a variety of paperwork that may interest you.