FAQ Categories
Ria Money Transfer FAQs
Find answers to queries about our service.
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Will My Funds Be Safe when i use Ria Money Transfer?
Yes. Ria Money Transfer transactions are processed through trusted and regulated systems, so your money is handled securely from the moment it is sent until it reaches you. For your added protection: Cash pickup: Funds are only released at a Demerara Bank branch when the recipient presents a valid ID card, passport or driver’s licence along with the transaction PIN. Bank deposit: Funds are credited directly into the recipient’s account using the account name, number, bank, branch and routing number provided by the sender. To keep your transfer safe, please never share your PIN or transaction details with anyone ...
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Do I Need To Be a DBL Account Holder to use Ria Money Transfer?
No, you do not need a Demerara Bank account to receive money through Ria. You can choose the option that works best for you: Demerara Bank account holders: Have the funds deposited directly into your Demerara Bank account. Other local bank account holders: Have the funds deposited into your account at any other bank in Guyana. No bank account: Collect your funds in cash at any Demerara Bank branch. Simply bring a valid ID card, passport or driver’s licence and your transaction PIN.
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Are funds sent through Ria Money Transfer available immediately?
Once your sender abroad completes the transfer, the time it takes for the money to reach you depends on the receiving option you choose. Here’s what to expect: Deposit to a Demerara Bank account: Funds are available almost immediately. Because the money is received and credited within Demerara Bank, there is no need to route it through another institution. Deposit to another local bank account: Funds are usually available within a few hours. In this case, Demerara Bank receives the funds first and then forwards them to your bank, which must also process the deposit before it appears in ...
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Is there a charge for the Ria Money Transfer service?
There is no charge to receive money through Ria Money Transfer. All fees and costs for the transfer are paid by the sender abroad at the time the money is sent. This means the full amount your sender transfers reaches you, whether you choose to have it deposited into your Demerara Bank account, deposited into another local bank account, or collected in cash at any of our branches. If your sender would like to know how much the transfer will cost before sending, they can check the fees on the Ria app or website, as charges may vary depending ...
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How Can I Access the Ria Money Transfer Service?
Ria Money Transfer is an inward remittance service, which means it is used to receive money in Guyana from family and friends overseas. Funds cannot be sent from Guyana through this service. For your sender abroad: Download the Ria app or visit secure.riamoneytransfer.com. Register for a Ria account. Send the funds. Payment can be made by bank account, debit card, credit card or cash. For you in Guyana, choose how you’d like to receive your money: Into your Demerara Bank account: Give your sender your account name and number, bank, branch and routing number. Into any other local bank ...
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How Does Ria Money Transfer Work?
Ria Money Transfer is an inward remittance service that allows you to receive money in Guyana from family and friends living overseas. Here’s how it works: Your sender abroad sends the money. They download the Ria app or visit the Ria website, register for an account and send the funds, paying by bank account, debit card, credit card or cash. You choose how to receive it. Funds can be deposited into your Demerara Bank account, deposited into an account at any other local bank, or collected in cash at any Demerara Bank branch. You receive your money. For a ...
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What is Ria Money Transfer?
Ria Money Transfer is a global money transfer company that Demerara Bank partners with so that you can receive money in Guyana from family and friends living overseas. Ria began in 1987 with a single store in New York City, created to help people send money to their loved ones back home, and is now part of Euronet Worldwide, a leader in secure electronic financial transactions. Its global headquarters is in Buena Park, California, and its network spans hundreds of thousands of locations across nearly 200 countries and territories. Through our partnership, Ria works as an inward remittance service ...