Free directory of all 28 correspondent bank SWIFT/BIC codes registered in EL SALVADOR. Click any bank to view its full record and track an international SWIFT payment routed through it.
El Salvador dollarised in 2001, making USD wires straightforward for cross-border settlement. Banco Agrícola (Bancolombia affiliate), Banco Davivienda El Salvador, and BAC El Salvador are the primary SWIFT correspondents. In 2021, El Salvador became the first country to adopt Bitcoin as legal tender alongside USD, though SWIFT-based USD remains dominant for commercial and remittance flows. Remittances from Salvadorans in the US represent over 26% of GDP.
| RTGS / Settlement System | SIPA (Sistema de Pagos de Alto Valor — BCR) |
|---|---|
| Currency | USD — US Dollar (dollarised since 2001); Bitcoin (legal tender since 2021) |
| Central Bank | Banco Central de Reserva de El Salvador (BCR) |
| Typical SWIFT Timing | 1–3 days (international SWIFT — USD clears via New York) |
Most international SWIFT wires arrive in El Salvador within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
El Salvador processes large-value interbank settlements through SIPA RTGS (USD). Retail transfers typically use ACH or local clearing networks, while cross-border wires enter via SWIFT.
The primary settlement currency is USD — US Dollar. Foreign-currency wires are converted at the receiving bank's prevailing rate unless a specific currency account is held at the beneficiary institution.
Total correspondent banks indexed: 28