Paraguay
Overview
| Payment method | Local | SWIFT |
|---|---|---|
| Supported currency(ies) | PYG | AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR |
| Flight time (business days) | 2-3 | 0-3 |
| Maximum transaction limit | 10,000,000 USD | No limit |
| Ultimate payer displayed | Yes |
Please refer to the sections below for the key required bank details and other considerations for each supported payment method.
Local PYG payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | Should be PYG |
account_name | 2-200 characters | Account holder name of the recipient’s bank account |
account_number | Up to 35 alphanumeric characters | |
swift_code | 8-11 alphanumeric characters | Should be a valid and supported BIC-8 or BIC-11 code |
bank_country_code | 2-letter ISO 3166-2 country code | Should be PY |
Beneficiary ID
For local payouts to Paraguay, you will need to provide an ID number as part of the beneficiary information:
| Required fields | Permitted Data | Notes |
|---|---|---|
For business beneficiaries (COMPANY) | ||
business_registration_number | 9 digits starting with 800 | Business tax ID (RUC: Registro Único del Contribuyente) as registered with the bank account |
For individual beneficiaries (PERSONAL) | ||
personal_id_number | 5-12 digits | Individual tax ID as registered with the bank account |
SWIFT payout
| Required fields | Permitted Data | Notes |
|---|---|---|
account_currency | 3-letter ISO 4217 currency code | One of AUD, CAD, CHF, CNY, CZK, DKK, EUR, GBP, HKD, HUF, ILS, JPY, NOK, NZD, PLN, RON, SEK, SGD, THB, TRY, USD, ZAR |
account_name | 2-200 characters | Account holder name of the recipient’s bank account |
account_number | Up to 50 alphanumeric characters | |
swift_code | 8-11 alphanumeric characters | Should be a valid and supported BIC-8 or BIC-11 code |
bank_country_code | 2-letter ISO 3166-2 country code | Should be PY |