GBTI goes digital with internal customer funds transfer

– increases transfer limit, expands bill payments options

The Guyana Bank For Trade and Industry (GBTI) said it has upgraded its system to facilitate the direct transfer of funds from one GBTI customer’s account to another.

The amount has also increased from $100,000 to $500,000. Customers may also make utility payments directly from the platform or request transfers by scheduling fixed payments, the bank said in a release Friday.
According to GBTI the application also provides a messaging platform through which customers can request Electronic Funds Transfer to non-GBTI customers. The online sign up process for direct and mobile banking with GBTI is simple and free, the bank said.

Meanwhile, the bank has also been expanding its bill payment platform. Recently two insurance companies, Assuria Guyana, and The Guyana & Trinidad Mutual Fire & Life Insurance Companies (GTM) have been added to the list of GBTI’s mobile and online bill payment platforms.

Additionally, E-Networks and Unicomer Guyana (Courts) payments are also possible from either of the digital platforms from the comfort of your home, or on the go via your mobile phone. “Since the Covid-19 pandemic, we have had to adjust the way we do business and we are constantly looking at ways to continue serving our customers in the most efficient, safe and caring way. Not so long ago, the bank also partnered with Mobile Money Guyana to facilitate customers reloading their Mobile Money Wallets directly from their bank accounts,” GBTI said.

Other utility companies that have been facilitated are: Guyana Power and Light Inc, Guyana Water Inc, Guyana Revenue Authority, GTT, Digicel Guyana and the Guyana Geology and Mines Commission (GGMC).
Select payments are also facilitated via the ATMs. However, customers utilizing the ATM for bill payments must first visit the bank to register their billers.

While all of the Bank’s locations are opened Monday to Friday with Diamond and Parika Branches closing on Wednesdays and opening on Saturdays and Sundays respectively, it still enforces strict social distancing measures and strongly encourages the use of its online services as far as possible. Other online services include loan applications, credit card applications and new account openings.