Interactions between bat guano and speleothems were studied in caves of Slovakia (Domica, Drienovská, and Jasovská caves) and Poland (Nietoperzowa Cave). This contribution focuses on the estimation of the rate of guano-induced corrosion of carbonates and on the transformations of speleothems caused by the corrosion. The intense interaction between bat guano accumulations and cave carbonates is mainly controlled by the chemical composition of guano. Corrosion of carbonates by guano leachates, suggested by negative calcite saturation index, was confirmed by weight loss of experimental carbonate tablets exposed to interaction with guano in situ in caves, and under laboratory conditions. The calculated corrosion rate of the tablets was up to 0.111 mm/y. However, measurements of selected corrosion forms in the studied caves, compared to the guano 14C age, suggest rates of the corrosion up to 0.65 mm/y. Transport of aggressive guano leachates is possible in the presence of water; increased drip water supply is considered as contributing to the higher dissolution rates. Crystallization of phosphates as byproducts of the interaction of guano with carbonates can also alter the dissolution process. Phosphates, represented by ardealite, brushite, and hydroxylapatite, were observed on the surfaces of experimental tablets and speleothems alike. Interestingly, hydroxylapatite was the only mineral associated with guano-related hiatuses within speleothem sections. Phosphates are usually accompanied by various dissolution features, such as corrosion pits and considerably dissolved calcite crystals. Dissolution features currently forming on speleothem surfaces are analogous to those identified in the fossil record. U-series dating of guano corrosion episodes within stalagmites from Domica and Drienovská caves indicates their Pleistocene age, while within a flowstone from Nietoperzowa Cave, a Holocene age. Considerable guano accumulations are common in low-latitude caves, whereas in temperate climatic zones guano accumulates irregularly in space and time. The guano accumulations are usually restricted to cave sections distant no more than few hundred meters from the nearest entrance. Considering the widespread distribution of bats across the globe, this process is expected to be common in caves. Nevertheless, the random distribution of guano in caves and its temporal deposition, but also the climate-dependent availability of water, suggest that guano-induced corrosion can be regarded as a site specific process.