Market specifications

Do you want to know more information about El Salvador's market? Go to the Tap Into Latin America’s High-Growth Potential article.

Country reference

`country` code	`currency` code	`amount` decimals	`beneficiary.document.type` name	`beneficiary.document.id` format
`SV`	`USD`	2	DUI	9 digits

Mandatory parameters

Bank transfers

Bank transfer parameters	B2C	B2B	P2P
`external_id`	Yes	Yes	Yes
`payment_method_id`	Yes	Yes	Yes
`flow_type`	Yes	Yes	Yes
`purpose`	Yes	Yes	Yes
`country`	Yes	Yes	Yes
`amount`	Yes	Yes	Yes
`currency`	Yes	Yes	Yes
`beneficiary.first_name`	Yes	-	Yes
`beneficiary.last_name`	Yes	-	Yes
`beneficiary.business_name`	-	Yes	-
`beneficiary.email`	Yes	Yes	Yes
`beneficiary.phone`	Yes	Yes	Yes
`beneficiary.address.street`	Yes	Yes	Yes
`beneficiary.address.city`	Yes	Yes	Yes
`beneficiary.bank_account.code`	Yes	Yes	Yes
`beneficiary.bank_account.account`	Yes	Yes	Yes
`beneficiary.bank_account.type`	Yes	Yes	Yes
`remitter.first_name`	-	-	Yes
`remitter.last_name`	-	-	Yes
`remitter.address.country`	-	-	Yes

Payment methods

El Salvador supports payouts via Bank transfers. This method requires specific parameters and follows validation rules aligned with local compliance and banking standards.

Bank transfers

Bank transfers in El Salvador require detailed account information, including bank code, bank account number, account type, currency, amount, city, address, email, and phone. The format of these fields depends on the receiving bank, and strict validation rules apply.

Refer to the bank account validations and bank codes sections for format specifications.

Mandatory parameters

All fields listed below are required for bank transfer payouts. For successful processing, ensure correct formatting and value types.

Mandatory parameter	Description
`external_id`	Unique payout identification at the merchant's end. Maximum 100 characters.
`payment_method_id`	Payment method identifier. For bank transfers, use `BANK_TRANSFER`.
`flow_type`	Payout flow type. Valid values: `B2C` (Business to Consumer), `B2B` (Business to Business), or `P2P` (Person to Person).
`purpose`	Payout purpose code. See purpose codes reference.
`country`	Country code. For El Salvador, use `SV`.
`amount`	Payout amount in `USD`. Use up to 2 decimal places.
`currency`	Source currency of the FX operation. For El Salvador, use `USD`.
`beneficiary.first_name`	Beneficiary's first name. Maximum 50 characters.
`beneficiary.last_name`	Beneficiary's last name. Maximum 50 characters.
`beneficiary.business_name`	Beneficiary's business name. Mandatory only for B2B.
`beneficiary.email`	Beneficiary's email address. Maximum 100 characters.
`beneficiary.phone`	Beneficiary's phone number. 8 digits (e.g. 12345678) or country code (+503) plus 8 digits (e.g. +50312345678).
`beneficiary.address.street`	Beneficiary's street address. Maximum 35 characters.
`beneficiary.address.city`	Beneficiary's city. Maximum 35 characters.
`beneficiary.bank_account.code`	Bank code. See bank codes below.
`beneficiary.bank_account.account`	Bank account number. See bank account validations for format.
`beneficiary.bank_account.type`	Beneficiary's bank account type. Account type: `CHECKING`: Checking accounts `SAVINGS`: Savings accounts
`remitter.first_name`	Remitter's first name. Maximum 50 characters. Mandatory only for remittance (P2P).
`remitter.last_name`	Remitter's last name. Maximum 50 characters. Mandatory only for remittance (P2P).
`remitter.address.country`	Remitter's country code in ISO 3166-1 alpha-2 format. Mandatory only for remittance (P2P).

Example request

{
  "external_id": "N87S08EXYB4",
  "payment_method_id": "BANK_TRANSFER",
  "flow_type": "B2C",
  "purpose": "OTHER_SERVICES",
  "country": "SV",
  "amount": 25.40,
  "currency": "USD",
  "beneficiary": {
    "first_name": "JUAN",
    "last_name": "PEREZ",
    "email": "[email protected]",
    "phone": "+50360174400",
    "address": {
      "street": "Calle Principal 123",
      "city": "San Salvador"
    },
    "bank_account": {
      "code": "9",
      "account": "1234567891",
      "type": "CHECKING"
    }
  }
}

{
  "external_id": "C0BVQGO38E",
  "payment_method_id": "BANK_TRANSFER",
  "flow_type": "B2B",
  "purpose": "OTHER_SERVICES",
  "country": "SV",
  "amount": 1000.00,
  "currency": "USD",
  "beneficiary": {
    "business_name": "Comercial El Salvador SA",
    "email": "[email protected]",
    "phone": "+50360174401",
    "address": {
      "street": "Av. Comercial 456",
      "city": "San Salvador"
    },
    "bank_account": {
      "code": "3",
      "account": "987654321012",
      "type": "CHECKING"
    }
  }
}

{
  "external_id": "G0B478Q239D2",
  "payment_method_id": "BANK_TRANSFER",
  "flow_type": "P2P",
  "purpose": "REMITTANCES",
  "country": "SV",
  "amount": 500.00,
  "currency": "USD",
  "beneficiary": {
    "first_name": "MARIA",
    "last_name": "GARCIA",
    "email": "[email protected]",
    "phone": "12345678",
    "address": {
      "street": "Calle Residencial 789",
      "city": "Santa Ana"
    },
    "bank_account": {
      "code": "6",
      "account": "543210987654",
      "type": "SAVINGS"
    }
  },
  "remitter": {
    "first_name": "John",
    "last_name": "Smith",
    "address": {
      "country": "US"
    }
  }
}

Bank information

Access the reference formats and accepted values required for processing bank payouts in El Salvador.

Bank account validations

Bank Name	Bank account format
Banco Agrícola, S.A.	Up to 12 digits
Banco Atlantida El Salvador S.A.	Up to 13 digits
Banco Azul de El Salvador, S.A.	Up to 14 digits
Banco Cuscatlán SV, S.A.	Up to 15 digits
Banco de América Central, S.A.	Up to 9 digits
Banco de Fomento Agropecuario	Up to 13 digits
Banco Davivienda Salvadoreño, S.A.	Up to 12 digits
Banco Hipotecario de El Salvador S.A.	Up to 11 digits
Banco Industrial El Salvador S.A.	Up to 12 digits
Banco Promerica	Up to 15 digits
Citibank	Up to 14 digits
Fedecaces	Up to 18 digits
Sociedad de Ahorro y Crédito Gente	Up to 11 digits

Bank codes

Bank Name	Bank Code
Banco Agrícola, S.A.	3
Banco Atlantida El Salvador S.A.	1
Banco Azul de El Salvador, S.A.	8
Banco Cuscatlán SV, S.A.	6
Banco de América Central, S.A.	4
Banco de Fomento Agropecuario	9
Banco Davivienda Salvadoreño, S.A.	5
Banco Hipotecario de El Salvador S.A.	10
Banco Industrial El Salvador S.A.	11
Banco Promerica	7
Citibank	13
Fedecaces	2
Sociedad de Ahorro y Crédito Gente	12