Free directory of all 71 correspondent bank SWIFT/BIC codes registered in PANAMA. Click any bank to view its full record and track an international SWIFT payment routed through it.
Panama's dollarised economy makes it the premier international banking hub of Central America. Banistmo (HSBC affiliate), BAC Credomatic, Multibank, and Banco General are the primary SWIFT correspondents, processing Canal transit fees, free trade zone (Colón — the world's second-largest free trade zone) payment flows, and financial flows from Panama's large offshore holding company and captive insurance sectors.
| RTGS / Settlement System | ACH Panama / Dollar-cleared SWIFT |
|---|---|
| Currency | USD — US Dollar (official currency; Balboa coins at 1:1 parity) |
| Central Bank | Superintendencia de Bancos de Panamá (SBP) |
| Typical SWIFT Timing | 1–2 days (international SWIFT — USD clears in New York) |
Most international SWIFT wires arrive in Panama within 2–5 business days. Payments cleared through correspondent banks may take longer depending on intermediary routing and local cut-off times.
Panama processes large-value interbank settlements through ACH Panama / SWIFT (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: 71