Find SWIFT Codes in PARAGUAY

In order to send a SWIFT payment to PARAGUAY it is highly recommended to meet the following recommendations:

• Obtain all required bank information from the Beneficiary, including SWIFT BIC, account number, and beneficiary bank address.
• For Ordering Customer (SWIFT MT103 F50): Include account number, full name (no initials), and address of the ordering customer. Avoid initials to prevent delays.
• For Beneficiary Customer (SWIFT MT103 F59): Include account number, full name (no initials), and address of the beneficiary customer. Avoid initials to prevent delays.
• For Beneficiary Bank (SWIFT MT103 F57): Include SWIFT BIC with branch identifier if required, full name, and address of the beneficiary bank. SWIFT BIC should be 8 or 11 alphanumeric characters, formatted as xxxxPYxx or xxxxPYxxxxx.
• For Reason for Payment (SWIFT MT103 F70): It is recommended to include the purpose of the payment.
• Beneficiary tax ID for individuals can be cédula de identidad or passport number (mandatory Field 70 information).
• Beneficiary tax ID for companies should start with the numbers 800 (mandatory Field 70 information).
• Note that PYG is a zero decimal currency.

For the following financial institutions in PARAGUAY you can find a list of their correspondent banks with the currencies and nostro accounts. Also you will find an instructions how to track the payments and other useful information which will help you to send/receive a SWIFT funds transfer or investigate a status of existing payment.