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The 12 best banks for foreigners in Paraguay
We examined the 16 banks licensed by the Banco Central del Paraguay in September 2026, based on their published fees. Number 1, ueno bank, opens an account in its app with just your cédula (the resident ID card) and no minimum balance.
Quick picks
Our method33.3% conditions22.2% fees16.7% currencies16.7% online banking11.1% opening timeSee details
We examined the 16 banks on the Banco Central del Paraguay list of March 20, 2026. 4 are left out of this version: Banco Continental, whose published fee schedule dates from June 2024; Banco Nacional de Fomento, whose website cannot be read remotely; and Citibank and Banco do Brasil, which publish no accounts for individuals.
Profile: a foreign resident with a Paraguayan cédula who opens a caja de ahorro (a savings account with a debit card) and receives money from abroad. Minimum balance, currencies and incoming transfer fees come from each bank's personal caja de ahorro, in its September 2026 fee schedule. Opening with just the cédula, and how long it takes, come from the entry account each bank publishes, often digital and capped.
Fees compare the cost of one transfer received from abroad. Account maintenance and debit card fees stay out of the calculation: Banco Basa does not publish its card price. Below the minimum balance, banks charge a fee, so the balance counts in the conditions. A bank that does not publish its opening time gets 0 on that criterion.
Checked remotely on September 23, 2026, with no visits and no requests to the banks. Languages spoken at the branch, the app language and blocking your card in the app require a visit or a test account: they are not rated, and the other weights are rescaled. A foreigner still waiting for a cédula has one published option, at Banco Basa.
No bank pays for its rank. A fee not rechecked within 30 days is flagged “Recheck due”, and 30 days later the bank leaves the ranking.
| # | Bank | Score | Minimum balance | Incoming wire | Currencies | Cédula only | Opening | Checked | See details |
|---|---|---|---|---|---|---|---|---|---|
1  | ueno bank | 74/100 | ₲0 | 33 USD | PYGUSD | Yes | Instant | Documented Recheck due | See details |
2  | Solar Banco | 74/100 | ₲100,000 ≈ 17 USD | 33 USD | PYGUSD | Yes | Instant | Documented Recheck due | See details |
3  | Banco Familiar | 69/100 | ₲1,000,000 ≈ 168 USD | 33 USD | PYGUSD | Yes | A few minutes | Documented Recheck due | See details |
4  | Itaú | 68/100 | ₲2,000,000 ≈ 337 USD | 38.50 USD | PYGUSDEUR | Yes | Instant | Documented Recheck due | See details |
5  | Bancop | 66/100 | ₲1,000,000 ≈ 168 USD | 33 USD | PYGUSDEUR | Not published | Up to 48 business hours | Documented Recheck due | See details |
6  | Banco Atlas | 60/100 | ₲200,000 ≈ 34 USD | 38.50 USD | PYGUSD | Yes | Not published | Documented Recheck due | See details |
7  | Banco Basa | 59/100 | ₲1,000,000 ≈ 168 USD | 38.50 USD | PYGUSD | Not published passport accepted | Not published | Documented Recheck due | See details |
8  | Banco de la Nación Argentina | 54/100 | ₲1,000,000 ≈ 168 USD | 24.20 USD | PYGUSD | Not published | Not published | Documented Recheck due | See details |
9  | Sudameris | 52/100 | ₲1,500,000 ≈ 253 USD | 33 USD | PYGUSDEUR | Not published | Not published | Documented Recheck due | See details |
10  | Interfisa Banco | 48/100 | ₲1,000,000 ≈ 168 USD | 33 USD | PYGUSD | Not published | Not published | Documented Recheck due | See details |
11  | Banco GNB | 46/100 | ₲2,000,000 ≈ 337 USD | 44 USD | PYGUSDEUR | Not published | Not published | Documented Recheck due | See details |
12  | Zeta Banco | 41/100 | ₲1,000,000 ≈ 168 USD | 55 USD | PYGUSD | Not published | Not published | Documented Recheck due | See details |