SWIFT/BIC code INVPPYP1XXX
INVPPYP1XXX belongs to Banco de Inversiones del Paraguay in Asuncion, Paraguay.
Code details
| SWIFT/BIC code | INVPPYP1XXX |
|---|---|
| 8-character code | INVPPYP1 |
| Branch code | XXX |
| Bank | Banco de Inversiones del Paraguay |
| Branch | Head office |
| City | Asuncion |
| Country | Paraguay |
How the Banco de Inversiones del Paraguay SWIFT/BIC is built up
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- INVP Bank code
- 4 letters that identify the bank.
- PY Country code
- 2 letters for the country (ISO 3166).
- P1 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank is behind BIC INVPPYP1XXX?
INVPPYP1XXX identifies the head office of Banco de Inversiones del Paraguay in Asuncion, Paraguay. Use it when you send money to an account at Banco de Inversiones del Paraguay.
Does Banco de Inversiones del Paraguay have a single SWIFT/BIC code?
Yes, INVPPYP1XXX is the single SWIFT/BIC code listed for Banco de Inversiones del Paraguay in Paraguay, so you do not need to pick a branch code.
How long does a transfer to Banco de Inversiones del Paraguay take in Paraguay?
A SWIFT payment typically takes 2–5 business days, because of correspondent banks and time zones. Money transfer services are often quicker than a bank.
Which details do I need for a transfer to an account at Banco de Inversiones del Paraguay?
Have ready the SWIFT/BIC code INVPPYP1XXX, the IBAN or local account number of the recipient, their full name and address. Paraguay is not part of SEPA, so the BIC is required.
What is the best way to send money to Banco de Inversiones del Paraguay?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Paraguay with transfer services before you send – the difference can be large.
What do the letters in INVPPYP1XXX stand for?
INVP is the institution code of Banco de Inversiones del Paraguay, PY stands for Paraguay, P1 is the location code and XXX marks the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.