2025-04-05 · Nexa Team
A practical guide to the Paraguayan banking system and how to open a corporate bank account.
Opening a bank account in Paraguay as a foreigner is surprisingly straightforward. The country has a modern banking system with several international-quality banks. During your operational day, we coordinate bank appointments so you can open both personal and corporate accounts in person.
Required documents: Passport, proof of address, tax ID (RUC), company incorporation documents, and reference letters. Most banks require a minimum deposit of USD 500-5,000 depending on the account type.
