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Compare today's BAM to GTQ (Convertible Mark to Guatemalan Quetzal) exchange rates

Bosnia and Herzegovina
Guatemala
BAM

Interbank Exchange Rate: 1 BAM = 4.6319 GTQ
Updated about an hour ago

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All you need to know about Convertible Mark to Guatemalan Quetzal money transfers

Easily compare money transfer providers in one place to send money from Bosnia and Herzegovina to Guatemala. Send money overseas to your loved ones by comparing Convertible Mark (BAM) to Guatemalan Quetzal (GTQ) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Bosnia and Herzegovina.

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Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest BAM to GTQ Conversion Rates

Here are some latest BAM to GTQ (Convertible Mark to Guatemalan Quetzal) exchange rates for popular conversion amounts*.

1 BAM4.63 GTQ
5 BAM23.16 GTQ
10 BAM46.32 GTQ
25 BAM115.80 GTQ
50 BAM231.60 GTQ
100 BAM463.19 GTQ
150 BAM694.79 GTQ
200 BAM926.38 GTQ
250 BAM1,157.98 GTQ
300 BAM1,389.57 GTQ
400 BAM1,852.76 GTQ
500 BAM2,315.95 GTQ
600 BAM2,779.14 GTQ
700 BAM3,242.33 GTQ
800 BAM3,705.52 GTQ
1,000 BAM4,631.90 GTQ
1,500 BAM6,947.85 GTQ
2,000 BAM9,263.80 GTQ
2,500 BAM11,579.75 GTQ
3,000 BAM13,895.70 GTQ
4,000 BAM18,527.60 GTQ
5,000 BAM23,159.50 GTQ
10,000 BAM46,319.00 GTQ
15,000 BAM69,478.50 GTQ
20,000 BAM92,638.00 GTQ
30,000 BAM138,957.00 GTQ
40,000 BAM185,276.00 GTQ
50,000 BAM231,595.00 GTQ
100,000 BAM463,190.00 GTQ

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Bosnia and Herzegovina to Guatemala money transfers?

It can be very confusing when sending money from Bosnia and Herzegovina to Guatemala given so many choices. Additionally, Convertible Mark to GTQ exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Bosnia and Herzegovina to Guatemala as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Guatemala from Bosnia and Herzegovina. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Convertible Mark to Guatemalan Quetzal remittances.


How to get the best rate to transfer money to Guatemala from Bosnia and Herzegovina?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Guatemala from Bosnia and Herzegovina. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your BAM to Guatemalan Quetzal money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Bosnia and Herzegovina to Guatemala corridor to give you more good choices for your next GTQ money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Guatemala from Bosnia and Herzegovina?

One of the most important things to watch out for is hidden fees when sending money to Guatemala from Bosnia and Herzegovina. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Guatemala using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Guatemalan Quetzal foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best BAM to Guatemala exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Guatemala from Bosnia and Herzegovina.


Should I use my bank to transfer money from Bosnia and Herzegovina to Guatemala?

We do not recommend using your local bank in Bosnia and Herzegovina for your next BAM to GTQ overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Bosnia and Herzegovina to Guatemala (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending GTQ to Guatemala. These companies will let you use your local bank account in Bosnia and Herzegovina to pay for your Guatemala money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Bosnia and Herzegovina to Guatemala?

The speed of your Convertible Mark to Guatemalan Quetzal funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert BAM to GTQ. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Guatemala from Bosnia and Herzegovina is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Guatemala if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout GTQ into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Bosnia and Herzegovina bank to Guatemala bank transfer.


Which are the best money transfer companies to send money from Bosnia and Herzegovina to Guatemala?

Bosnia and Herzegovina to Guatemala money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Guatemala as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Convertible Mark to Guatemalan Quetzal money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Guatemala from Bosnia and Herzegovina

The first step to send money to Guatemala from Bosnia and Herzegovina is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your BAM to GTQ overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Guatemala if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Bosnia and Herzegovina bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Guatemala!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Bosnia and Herzegovina to Guatemala.