Guyana is currently the world’s fastest-growing economy, driven by its massive offshore oil and gas industry. Its capital, Georgetown, is the financial and administrative heart of the nation. In 2026, Guyana’s GDP is projected to grow by an extraordinary 16.2%, making it the principal engine of economic expansion in the Caribbean. This growth is fueling a rapid modernization of the financial sector, including the launch of a national digital payment platform. With a population of approximately 840,000, the country is transitioning from a cash-heavy culture to a more inclusive, digital-first economy, supported by significant investments in infrastructure and social services.
Money Transfer Locations
Western Union
Western Union operates through its primary agent, GraceKennedy Money Services (GKMS), and is available at various supermarkets and commercial hubs.
- Western Union Georgetown
- Western Union Campbellville
- Western Union Kitty
- Western Union South Ruimveldt
- Western Union New Amsterdam
- Western Union Rosignol
- Western Union Bath Settlement
- Western Union Corriverton
- Western Union Parika
- Western Union Charity
- Western Union Linden
- Western Union Bartica
MoneyGram
MoneyGram services are widely provided by Massy Finance Remittances and Citizens Bank locations.
- MoneyGram Georgetown (Water St & Regent St)
- MoneyGram Movietown Mall
- MoneyGram Diamond
- MoneyGram Vreed-en-Hoop
- MoneyGram Rose Hall
- MoneyGram Port Mourant
- MoneyGram Anna Regina
- MoneyGram Lethem
Ria Money Transfer
Ria is accessible through Massy Services and various independent exchange bureaus.
- Ria Georgetown
- Ria Providence
- Ria Lusignan
Digital Payouts & Mobile Wallets (The 2026 Standard)
In 2026, Guyana is launching a National Payment Platform to phase out “cash culture” and promote digital receipts:
- MMG+ (Mobile Money Guyana) – The leading digital wallet used for bill payments and receiving international remittances directly to a phone.
- Demerara Bank Digital Wallet – A new 2026 solution for instant peer-to-peer and remittance transactions.
- GTT / ENet Digital Services – Essential for cashing out mobile funds at retail kiosks nationwide.
Major Bank & Financial Partners
Guyana’s banking sector is highly liquid and expanding rapidly to support the country’s oil-fueled growth:
- Republic Bank (Guyana) Limited
- GBTI (Guyana Bank for Trade and Industry)
- Demerara Bank Limited (A leader in digital transformation)
- Citizens Bank Guyana
- Bank of Baroda (Guyana)
- Hand-in-Hand Trust Corporation
Frequently Asked Questions
How can I send money to the Philippines from Guyana?
You can send money home to the Philippines from Guyana through licensed remittance providers such as Western Union, MoneyGram, Ria, Wise, Remitly, and PNB Remittance. Major Philippine banks (BDO, BPI, Metrobank, Landbank) accept inbound transfers via SWIFT and partner corridors, and digital wallets like GCash and Maya support direct cash-in from many providers in Guyana.
How long does a remittance from Guyana to the Philippines take?
Most digital transfers from Guyana to the Philippines arrive within minutes for cash pickup and 1–2 business days for bank deposit to BDO, BPI, Metrobank, Landbank and other Philippine banks. Bank-to-bank SWIFT wires can take 2–4 business days. Weekend transfers usually post on the next Philippine banking day.
What ID does my family in the Philippines need to receive the money?
Recipients in the Philippines must present a valid government-issued photo ID (PhilSys/National ID, passport, driver's licence, UMID, or PRC ID), the sender's full name in Guyana, the exact amount, and the reference/MTCN number. Some providers also require the recipient's mobile number for OTP verification.
Which providers offer the best exchange rate from Guyana to the Philippines?
Rates change daily, but Wise, Remitly, and Ria typically post mid-market or near-mid-market PHP rates from Guyana, while Western Union and MoneyGram trade rate for wider Philippine cash-pickup networks. Always compare the all-in cost (fee + FX margin) on each provider's quote before sending — savings of 2–4% are common on OFW corridors.
Is it safe to send remittances from Guyana to the Philippines in 2026?
Yes — sending money from Guyana to the Philippines is safe when you use a provider licensed in Guyana on the sending side and a BSP-registered receiving agent in the Philippines. Verify your recipient's full legal name as printed on their ID, share the reference number privately, and avoid social-media middlemen. Report any issues to your local financial regulator in Guyana and to the BSP Consumer Affairs Group for the Philippine end.
Senders in Guyana can also compare Western Union’s agent coverage in the capital. See also: Western Union locations in Georgetown.