P2P Payments

No, it generally cannot be used for commercial purposes.

No, with Person-to-Person payments you can send money, but not request it from someone else.

No. Only Guaranty Bank & Trust debit cards may be used to fund transactions.

No, but they need to have a United States bank account to receive payment.

The recipient has up to 10 calendar days to claim the payment after it is sent.

There is no daily limit to the number of Person-to-Person payments.

No account or financial information will be shared with your recipient. In order to process your transaction, we may share your name, email address, and phone number with the recipient, in addition to anything you enter into the optional memo field.

The daily limit is $500 and the weekly limit is $1000. However, the amount of each payment is also subject to your daily debit card limits.

Person to Person (P2P) is a convenient way to send money to anyone with a United States bank account using Guaranty's Mobile App or Online Banking.

There is no fee for Guaranty Pay.

If the recipient has not claimed the payment, then you may cancel the payment. Simply log into Guaranty Bank & Trust mobile banking app and select “More” and then “Guaranty Pay.” When in Guaranty Pay click “Menu,” select “Transaction History,” click “Cancel” and then “Cancel Payment,” or you can log in to online banking and select “Accounts” and then “Guaranty Pay.” When in Guaranty Pay click “Menu,” select “Transaction History,” click “Cancel” and then “Cancel Payment.”

If the recipient has not accepted payment within 10 calendar days, the funds will be deposited back to your account.

The timing of funds received will depend on when the person receiving the funds responds to the email/text message and when their financial institution posts the transfer. The posting of the transfer depends on the business day of their institution. In general, if the recipient elects to receive the funds by entering their debit card information, it is made at the time they submit this information. If the recipient elects to receive the funds by entering their routing and account number, then it may take 1-3 business days to post to their account.

Person to Person (P2P) payments can be sent using either the recipient's email address or mobile phone number.

The payment is debited from your account when the payment is sent.