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Limits for Funds Transfer

  • Overview

BANK OF BARODA (GUYANA) INC. has decided to restrict the fund transfer operations during the initial phase of implementation of Baroda Connect (Internet Banking) facility and for this various limits (all amounts in GYD) have been set.

For Retail Customers:
(In GYD)

Particulars

Self linked Account

Third party/ Point of Sales (POS)/ Bill payment

Remittance/ RF2I/ EFT/ RTGS

Per Transaction

Unlimited

100,000

200,000

Daily

Unlimited

200,000

400,000

Weekly

Unlimited

600,000

1,200,000

Monthly

Unlimited

1,500,000

3,000,000

Yearly

Unlimited

7,500,000

15,000,000


For Corporate Customers:
(In GYD)

Particulars

Self linked Account

Third party/ Point of Sales (POS)/ Bill payment

Remittance/ RF2I/ EFT/ RTGS

Per Transaction

Unlimited

200,000

500,000

Daily

Unlimited

600,000

1,500,000

Weekly

Unlimited

1,800,000

4,500,000

Monthly

Unlimited

4,500,000

11,250,000

Yearly

Unlimited

27,000,000

67,500,000


Please note that in case of corporate, over and above, the upper limits as fixed, we may set up different limits (higher/ lower) for different Corporate, as per their requests.

In addition:

Third party fund transfer includes…

– Payment of utility Bills (one time and repetitive)
– Third party fund transfer (within BOB Guyana)

Note: Presently, Remittances/ RF2I/ EFT/ RTGS functionality is not available.

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