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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 TransferSIPAPPYGReal Time05:10 p.m. — Transfers submitted on weekends or public holidays are processed on the next business day.08:10 p.m. — Transfers submitted on weekends or public holidays are processed on the next business day.1.00 PYGPYG 10,000,000.00
0160Bank TransferSIPAP (High-Value)PYGReal Time05:10 p.m. — Transfers submitted on weekends or public holidays are processed on the next business day.08:10 p.m. — Transfers submitted on weekends or public holidays are processed on the next business day.10,000,001.00 PYGNo maximum limit. Used for transactions above PYG 10,000,000.

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

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