New Currency Exchange Rules in Effect in Guatemala

Since January 1st, new regulations are in place for transactions over $3,000.

Monday, January 3, 2011

These regulations require individuals and companies to provide documentation for each transaction over $3,000. Said papers will be stored by the bank in a file.

“These include an affidavit in which the customer assures the legitimacy of the funds and declares that its origins are legal”, reported

More on this topic

Costa Rica: Restrictions on Banking Transactions

March 2017

Companies that make or receive international transfers for amounts of over $50,000 per transaction will have to indicate the origin of the funds.

Banking entities have reached an agreement to amend the Self-Regulation Rules for Monitoring of International Transfers to Prevent Money Laundering and Terrorist Financing. The amendment was approved in October 2016, and banks will have to start  implementing the new measures in January this year.

Honduras: $4,000 as Limit for Suspicious Transactions

October 2016

As of January 1, 2017, cash transactions exceeding $4,000 will be considered "atypical" and must be registered on a mandatory basis.

Resolution No.361-9 / 2016. approved by the Central Bank of Honduras on September 22, 2016: 

"... resolves:  

Costa Rica: Free Entrance to Monex

October 2009

Starting today, there is no entrance fee for participating in the wholesale dollar market.

Banks, financing companies, currency exchanges, stock brokers, corporations and individuals can buy and sell U.S. dollars electronically in this wholesale market.

From "The minimum transaction volume is $1.000.

More Requisites for Exchanging Dollars

October 2009

The Central Bank of Guatemala will implement new forms to better control the flow of currencies.

For this project to be implemented, it must first receive approval by the Monetary Board.

From "These new forms for entry and exit of dollars will help analyze the flow of money and capital going in and out of the country".

 close (x)

Receive more news about Banking

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Management software for construction companies

O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...

Stock Indexes

(Feb 28)
Dow Jones
S&P 500


(Mar 23)
Brent Crude Oil
Coffee "C"