Bank Account Number
Paraguay uses bank account numbers for domestic payments, processed through the SIPAP (Sistema de Pagos del Paraguay). The Banco Central del Paraguay (BCP) manages the national payment infrastructure and interbank settlement system.
At a glance
Country
Paraguay
Identifier
SIPAP
Format
Bank code + account number
Used for
Domestic transfers
Format breakdown
013
Bank Code
1–3
Institution code assigned by BCP
001
Branch Code
4–6
Branch identifier
0012345678
Account Number
7–16
Customer account number
How SIPAP works
Banks are identified by a BCP-assigned code. Domestic transfers route through the SIPAP system, which provides real-time gross settlement for large-value payments and an ACH subsystem for retail transactions. CIP handles instant mobile payments.
Where to find yours
In your online or mobile banking app, on bank statements, or by requesting the information at your branch.
Payment systems in Paraguay
| System | Speed | Description |
|---|---|---|
| SIPAP LBTR | Real-time | Real-time gross settlement for high-value interbank transfers |
| SIPAP ACH | Same day | Automated clearing house for low-value batch payments |
| CIP | Instant | Cámara de Interoperabilidad de Pagos — instant mobile payment system |
Major banks in Paraguay
Good to know
Paraguay uses the Guaraní (PYG) as its currency, but USD accounts are common at major banks.
CIP allows instant transfers between banks using mobile numbers or CI (cédula de identidad).
Banco Continental is the largest private bank by deposits in Paraguay.
Related tools
Other countries
Frequently asked questions
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