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Paraguay

Learn more about currency, payment methods, processing times, and other essential details for operating in Paraguay with Localpayment. This guide provides a comprehensive overview of everything you need to know to integrate and optimize your payment processing in this market.

Country Overview

Essential information about Paraguay:

Country Code (2 digits)Country Code (3 digits)Currency CodeNumber of decimals
PYPRYPYG0

Payouts

Send funds efficiently to your recipients:

Bank Transfers

Send money to any bank account through the interbanking system.

Bank Transfer Payouts

CodePayment TypeNetwork NameCurrencySettlement TimeCut-off Time (Local)Cut-off Time (GMT)Minimum AmountMaximum Amount
0160Bank TransferSIPAPPYGT+003:00 p.m. — Transfers made on weekends/public holidays settle on the next business day.06:00 p.m. — Transfers made on weekends/public holidays settle on the next business day.1.00 PYGPYG 5,000,000.00
0160Bank TransferSIPAP (High-Value)PYGT+003:00 p.m. — Transfers made on weekends/public holidays settle on the next business day.06:00 p.m. — Transfers made on weekends/public holidays settle on the next business day.5,000,001.00 PYGNo maximum limit. Used for transactions above PYG 5,000,000.

Bank Account Information

Account Type Reference

The following account types are supported:

CodeAccount TypeDescription
CChecking AccountStandard transactional account for daily banking operations.
SSaving AccountInterest-bearing savings account for funds accumulation.

Bank Codes

⚠️

Important

Some institutions marked as "NOT CONNECTED" don't participate in the SWIFT network but can still receive local transfers.

CodeTypeNameSwiftAccount TypeChecking RegexSaving RegexPayouts  Bank Transfer
004BankUENO BANK S.A.VISCPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
006BankSUDAMERIS BANK S.A.E.C.A.BSUDPYPXC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
007BankBANCO BASA S.A.AMAMPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
009BankBANCOP - BANCO PARA LA COMERCIALIZACION Y LA PRODUCCION S.A.BCOPPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
010BankBANCO NACIONAL DE FOMENTOBNFAPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
011BankBANCO DO BRASIL S.A.BRASPYPXC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
013BankBANCO FAMILIAR S.A.E.C.A.FAMIPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
014BankBANCO DE LA NACION ARGENTINANACNPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
015BankBANCO ATLAS S.A.BNITPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
017BankBANCO ITAU PARAGUAY S.A.UBBRPYPXC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
020BankBANCO CONTINENTAL S.A.E.C.A.BCNAPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
023BankFINLATINA S.A. DE FINANZASFINLPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
024BankFINANCIERA PARAGUAYO-JAPONESA S.A.E.C.A.FIPJPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
027BankINTERFISA BANCOIIFAPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
028BankSOLAR BANCO SOCIEDAD ANONIMA EMISORA (SOLAR BANCO S.A.E)SOLAPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
029BankTU FINANCIERA S.A.TUFIPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
040BankFINANCIERA FIC S.A.E.C.A.FICSPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
065BankCITIBANK N.A.CITIPYPC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
070BankBANCO GNB PARAGUAY S.A.E.C.A.BGNBPYPXC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔
135BankZETA BANCO S.A.E.C.A.ZETAPYPAC, S/^[0-9]{4,16}$//^[0-9]{4,16}$/✔

Supported Document Types

Required documents for customer verification:

Document TypeFull NameEntity TypeRegex
RUCRegistro Único del ContribuyenteCompanies & Individuals^\d{6,8}-?\d$
CICedula de IdentidadIndividuals^\d{6,8}$

National Holidays

HolidayDate
New Year's DayJanuary 1
National Heroes DayMarch 1
Maundy ThursdayApril 2
Good FridayApril 3
Labour DayMay 1
Independence DayMay 14
Mother's DayMay 15
Chaco Armistice DayJune 12
Founding of AsunciónAugust 15
Boquerón Battle Victory DaySeptember 29
Virgin of Caacupé DayDecember 8
Christmas DayDecember 25

Updated about 1 month ago