SWIFT/BIC code SUMSPYP1XXX
SUMSPYP1XXX belongs to Summa Asesories in Asuncion, Paraguay.
Code details
| SWIFT/BIC code | SUMSPYP1XXX |
|---|---|
| 8-character code | SUMSPYP1 |
| Branch code | XXX |
| Bank | Summa Asesories |
| Branch | Head office |
| City | Asuncion |
| Country | Paraguay |
The way the Summa Asesories SWIFT/BIC works
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- SUMS 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 uses SWIFT/BIC code SUMSPYP1XXX?
SUMSPYP1XXX is the SWIFT/BIC code of the main office of Summa Asesories in Asuncion, Paraguay. It is the code to use when a payment to Summa Asesories does not need a specific branch.
How long does it take to send money to Summa Asesories?
An international SWIFT transfer typically takes 2–5 business days, because of intermediary banks and cut-off times. Money transfer services are often quicker than a bank.
What do I need to send money to an account at Summa Asesories?
You need the SWIFT/BIC code SUMSPYP1XXX, 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 do the letters in SUMSPYP1XXX stand for?
SUMS is the institution code of Summa Asesories, PY stands for Paraguay, P1 is the location code and XXX means the head office.
What is the cheapest way to send money to Summa Asesories in Paraguay?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Paraguay with transfer services before you send.
Does Summa Asesories use a single SWIFT/BIC code?
Yes – SUMSPYP1XXX is the single SWIFT/BIC code we have for Summa Asesories in Paraguay, so you do not need to pick a branch code.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.