GUATEMALA


Currency: Guatemalan Quetzal (GTQ)

RTGS: Liquidación Bruta en Tiempo Real (LBTR)

Messages format currently in use: SWIFT MT

ISO migration planned? Timeline: No specific information on migration plan

On March 22, Guatemala became the second banking community within LATAM to order ISO 20022 trainings for its entire community.[1] Guatemalan Government believe the change will bring more standardisation and automation to cross-border payments that will ultimately benefit the Guatemalan companies and individuals.[2]

Governing body of the migration: Banco de Guatemala

Message format: not documented

[1] https://www.swift.com/news-events/news/iso-20022-bytes-voice-german-community-swift-platform-connectivity-guidance-and-more

[2] https://www.swift.com/news-events/news/iso-20022-bytes-voice-german-community-swift-platform-connectivity-guidance-and-more