General FAQs

Find answers to queries about our service.

  • How can I send funds overseas / how do I make an international wire transfer (SWIFT payment)?

    Personal customers (Mobile App and Retail Internet Banking): Log in to the Demerara Bank Mobile App and select Transfers from the navigation menu. Select Wire Transfers. If this is your first transfer to this recipient, select Add New Recipient and enter the recipient details, recipient bank details (including the SWIFT code) and intermediary bank details, if applicable. Select Save Recipient, then enter the six-digit OTP sent to your registered email address to verify the recipient. Select the account to transfer from and choose your registered recipient. Select the currency (e.g. USD), enter the transfer amount and the purpose of payment. ...

  • How can I obtain a Manager’s Cheque, Bank Draft or Banker’s Payment?

    Personal customers (Mobile App and Retail Internet Banking): Log in and select Services. Select Bank Draft / Manager’s Cheque Request. Select the account to be debited and the branch where the draft will be processed or collected. Choose the payee type (Individual or Company) and enter the payee name and address. Select the currency (e.g. USD) and enter the amount. Enter the purpose of payment and select your delivery instructions (e.g. Branch). Upload any supporting documents and add any additional information, if applicable. Review the details and select Submit Request. A Reference ID will be provided so you can track ...

  • Will interest be paid on my Term Deposit Account if it is closed before the maturity date?

    If a Term Deposit Account is closed before its maturity date, unfortunately no interest will be paid on the deposit. We’d encourage you to speak with us before closing early, as we may be able to help you explore other options.

  • Can I increase the sum held in a Term Deposit Account prior to its maturity date?

    At this time, the amount held in a Term Deposit Account cannot be increased before its maturity date. Once the deposit matures, you’re welcome to add additional funds at that point. We’re happy to help you plan around this if needed.

  • How do I reactivate my account if I am residing overseas? (Retail and Corporate Customers)

    Retail customers: To reactivate your account, please submit a valid identity document, a current proof of address, and proof of income via retail e-banking or the mobile app, or alternatively, a notarised letter together with notarised copies of these documents. Corporate customers: To reactivate a corporate account, please submit current documentation or updated company profile information, including any changes in directors or company structure, for the account to be reactivated.

  • How do I reactivate my account as a local customer? (Retail and Corporate Customers)

    Retail customers: To reactivate your account, please submit a valid identity document, a current proof of address, and proof of income via a branch visit or on the retail e-banking or the mobile app. Notarisation is not required for local customers. Corporate customers: To reactivate a corporate account, please submit current documentation or updated company or director’s profile information, including any changes in directors or company structure via your digital platform or in branch requests. Notarisation is not required for local customers. Customers earning below $1M annually may follow a simplified process, where an attestation is acceptable in place of ...

  • How do I assign my salary to the Bank?

    Assigning your salary to Demerara Bank is simple. All you’ll need is a Salary Assignment Form, which you can collect from any of our branches at your convenience. Because this is an agreement between you, your employer and the Bank, each party will complete and sign their part of the form. Once everything is filled in, one copy is returned to the Bank, one stays with your employer, and one is yours to keep for your records. As your employer will need to complete a section of the form, we recommend collecting it in advance and sharing it with them ...

  • How can I update my name with the bank after a name change?

    To update your name with the Bank following a name change, you may visit your nearest branch with the following documents: A valid identity document (such as a passport or driver’s licence) reflecting your new name A legal document proving the name change, such as a marriage certificate, divorce decree, deed poll, or court order Any additional documents that may be requested by the Bank Alternatively, this update can also be submitted through all of our e-banking platforms currently available. Our staff will be happy to assist you in updating your name across all relevant accounts and records.

  • How do I stop a payment on an issued cheque?

    Retail customers (e-banking and mobile app): Simply log in to e-banking or the mobile app, head to “Service Request,” and select “Stop Payment Request” to let us know which payment you’d like stopped — it only takes a few steps. Corporate clients (corporate e-banking platform): Log in to the corporate e-banking platform, select “Information,” then “Messaging,” then “New Message,” then “Request a Stop Payment,” and let us know which payment(s) you’d like stopped. This handy messaging channel also allows you to submit stop payment requests for several items at once, so you can take care of everything in one go.

  • How do I reorder cheque books?

    You can order your cheque books conveniently through our e-banking platform. Retail customers (e-banking and mobile app): Simply log in to e-banking or the mobile app, head to “Service Request,” and select “Cheque Book Request” to let us know you’d like a new cheque book — it only takes a few steps. Corporate clients (corporate e-banking platform): Log in to the corporate e-banking platform, select “Information,” then “Messaging,” then “New Message,” then “Request a Cheque Book,” and let us know you’d like to reorder a cheque book. This handy messaging channel also allows you to submit several requests at once, ...

  • How often is interest credited to my Savings Account?

    Interest on your Savings Account is calculated and accrued quarterly, and credited to your account semi-annually, at the end of April and October.

  • I have lost my DBL VISA Debit Card. What should I do?

    Please report this immediately through our support channels by calling +(592) 624 7000, or visit your nearest branch at the earliest opportunity. You can also report this through “General Enquiries” under retail e-banking or the mobile app. Your DBL VISA Debit Card will be cancelled, and a new card can be issued at a cost of G$1,000.00.

  • Can I change my PIN without changing my card number?

    Yes. Your PIN (Personal Identification Number) is the confidential code used to authorize transactions on your DBL VISA Cards, separate from your card number, which stays the same. To change your PIN, simply visit any of our branches nearest to you with a form of identification, and our staff will assist you with resetting it.

  • Can I increase my daily ATM withdrawal limit on my DBL Visa Debit Card?

    Yes, this may be possible. The daily withdrawal limit can be increased upon receipt of your written request; however, this is considered by the Bank on a case-by-case basis, taking into account the customer’s request and the circumstances under which it is made, and is subject to the Bank’s approval.

  • What is the daily withdrawal limit at the ATM?`

    For your convenience, our ATMs have a daily withdrawal limit of G$200,000.00, which can be withdrawn in a single transaction.

  • Is interest paid on my chequing account?

    Chequing accounts are non-interest-bearing, so no interest is paid on these balances. If you’d like to earn interest on your funds, we’d be happy to help you explore options such as a Savings Account, a Term Deposit, or a Money Market Account. You can find more information on these products, including how to apply, under the Accounts section of our website.

  • How old must I be to establish an account at DBL?

    You must be at least 18 years old to open an account at DBL. However, if you are 16 or older and employed, you may also open an account. Please note that in this case, the card linked to the account will only be issued once you turn 18.

  • Can withdrawals be done by a third party?

    As a general rule, third-party withdrawals are not permitted. In extreme or exceptional circumstances, however, the Bank may give consideration to such a request, provided it is supported by written authorization from the account holder. This letter must be addressed to the Manager of Demerara Bank Ltd. and must specifically state the account number to be debited, the amount to be issued, and the name of the person to whom it is being issued. We encourage all our customers to make use of our convenient digital alternatives instead, such as EFTs or transfers to third-party accounts via the mobile app ...

  • How long does it take for a cheque to clear?

    There are currently two clearing sessions: normal clearing and special clearing. The clearing time for cheques from other banks depends on the value of the cheque: Cheques valued at less than $500,000 are cleared within three business days (normal clearing). Cheques valued at $500,000 and above qualify for special clearing and are cleared within the same business day. The banks all have a cut off time for their special clearings within any given business day. For DBL cheques, funds can become immediately available once requested.

  • Is the Bank opened for business on Saturdays?

    Our Diamond, Beterverwagting, Mahaica, and Leonora branches open on the second-to-last Saturday of each month only, from 8:00am to 11:30am. All other branches are closed on Saturdays. We are also closed on Sundays and Public Holidays. Opening Hours Mon – Fri: 8:00am – 2:00pm Sat: 8:00am – 11:30am (Diamond, Beterverwagting, Mahaica & Leonora Branches) Saturdays: open on the second-to-last Saturday of each month only. Closed on Sundays & Public Holidays. General Support +(592) 728 0828 support@demerarabank.com Ebanking Support +(592) 730 6956 ibsupport@demerarabank.com Visa Support +(592) 624 7000