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Asunción Digital Bank · Money Transfers · Paraguay

Best Money Transfers in Asunción

Compare money transfers providers available to Asunción, Paraguay residents — with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Paraguay. Confirm the terms directly with each provider before opening an account.

Featured Money Transfers Providers

Updated October 2026

Up to three eligible picks for Asunción, ranked from our verified partner directory for Paraguay. Availability in Paraguay and eligibility criteria are set by each provider.

Top Pick

Wise

4.7

Top Money Transfers Provider

Wise offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Paraguay and eligibility criteria are determined by the provider. Check terms before applying.

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Remitly

4.7

Remitly offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Paraguay and eligibility criteria are determined by the provider. Check terms before applying.

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WorldRemit

4.7

WorldRemit offers reliable money transfers services with competitive rates and global coverage.

  • Global Access
  • Low Fees
  • Fast Setup

Availability in Paraguay and eligibility criteria are determined by the provider. Check terms before applying.

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How we pick: providers shown here come from our verified affiliate directory filtered by availability in Latin America and Paraguay, competitive fees, multi-currency support, and user ratings. Rankings may include affiliate partners — see the disclosure below.

Local guide

Money Transfers in Asunción: what to know

Money transfer services let people in Asunción, Paraguay send money abroad or receive it in PYG (Paraguayan guaraní). The real cost is the fee plus the gap between the provider's exchange rate and the mid-market rate, so compare both.

Currency in Paraguay
PYG · Paraguayan guaraní
Local accounts in Paraguay
Paraguay does not use the IBAN scheme: accounts are addressed with the bank code plus the bank-specific account number, and international wires route through SWIFT with the bank's BIC.
Payments in Paraguay
The SIPAP system (Sistema de Pagos del Paraguay), operated under Banco Central del Paraguay, carries interbank transfers including 24/7 account-to-account payments between participating banks, complemented by ACH batch clearing and the national card and ATM switching infrastructure; mobile banking apps from banks such as Itaú Paraguay and Ueno (Banco GNB) make instant person-to-person transfers routine.

Before you sign up in Asunción

The SIPAP system (Sistema de Pagos del Paraguay), operated under Banco Central del Paraguay, carries interbank transfers including 24/7 account-to-account payments between participating banks, complemented by ACH batch clearing and the national card and ATM switching infrastructure; mobile banking apps from banks such as Itaú Paraguay and Ueno (Banco GNB) make instant person-to-person transfers routine.

Sources: Banco Central del Paraguay · BCP: SIPAP payment system · IBAN registry: countries without IBAN

All Money Transfers Providers in Asunción

15 providers to compare, including the three featured above.

  • #4

    Instarem

    4.7

    Instarem offers instant international money transfers with competitive exchange rates, no hidden fees, and InstaPoints rewards on every transfer.

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  • #5

    Zelle

    4.7

    Zelle offers reliable money transfers services with competitive rates and global coverage.

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  • #6

    Venmo

    4.7

    Venmo offers reliable money transfers services with competitive rates and global coverage.

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  • #7

    TransferGo

    4.7

    TransferGo offers reliable money transfers services with competitive rates and global coverage.

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  • #8

    OFX

    4.7

    OFX offers reliable money transfers services with competitive rates and global coverage.

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  • #9

    CurrencyFair

    4.7

    CurrencyFair offers reliable money transfers services with competitive rates and global coverage.

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  • #10

    Paysend

    4.7

    Paysend offers reliable money transfers services with competitive rates and global coverage.

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  • #11

    CurrencyTransfer

    Better rates are only the beginning — personal & business FX

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  • #12

    Globe Digital Bank

    WorldFirst-powered multi-currency accounts and transfers across 2,500+ cities and 200+ countries.

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  • #13

    Currencies Direct

    Award-winning FX specialist since 1996

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  • #14

    Western Union

    Send money worldwide — fast, reliable, trusted

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  • #15

    Skrill

    Digital wallet for online payments, money transfers and crypto.

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More Financial Services in Asunción

Explore other banking categories available in Asunción

Money Transfers in Other Cities

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Frequently Asked Questions

Common questions about money transfers in Asunción

Ready to Choose Your Money Provider?

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Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.