SWIFT/BIC code POIFPYP1XXX
POIFPYP1XXX belongs to Banco Paraguayo Oriental de Inversion y Fomento S.A. in Asuncion, Paraguay.
Code details
| SWIFT/BIC code | POIFPYP1XXX |
|---|---|
| 8-character code | POIFPYP1 |
| Branch code | XXX |
| Bank | Banco Paraguayo Oriental de Inversion y Fomento S.A. |
| Branch | Head office |
| City | Asuncion |
| Country | Paraguay |
The way the Banco Paraguayo Oriental de Inversion y Fomento S.A. SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- POIF 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 institution is behind BIC POIFPYP1XXX?
POIFPYP1XXX is the SWIFT/BIC code of the main office of Banco Paraguayo Oriental de Inversion y Fomento S.A. in Asuncion, Paraguay. It is the code to use when you send money to an account at Banco Paraguayo Oriental de Inversion y Fomento S.A..
What do the letters in POIFPYP1XXX stand for?
POIF is the institution code of Banco Paraguayo Oriental de Inversion y Fomento S.A., PY is the ISO code of Paraguay, P1 is the location code and XXX means the main office.
Which details do I need to send money to an account at Banco Paraguayo Oriental de Inversion y Fomento S.A.?
Have ready the SWIFT/BIC code POIFPYP1XXX, the IBAN or local account number of the recipient, their full name and address. Paraguay uses international SWIFT transfers, so the BIC is required.
How long does a transfer to Banco Paraguayo Oriental de Inversion y Fomento S.A. take?
An international SWIFT transfer usually takes 2–5 business days, depending on intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
What is the best way to send money to Banco Paraguayo Oriental de Inversion y Fomento S.A. in Paraguay?
Many banks add several percent to the exchange rate on top of a fee. Check the amount that arrives in Paraguay with specialist providers before you send.
Are POIFPYP1 and POIFPYP1XXX the same code?
Yes. POIFPYP1 is the 8-character version of POIFPYP1XXX. XXX simply means head office, so both routes your payment to Banco Paraguayo Oriental de Inversion y Fomento S.A. in Asuncion.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.