Panama
Learn everything you need to know to make payouts in Panama with dLocal.
Market specifications
Take a look of all the information you need to make a payout.
Country reference Document validations Mandatory paramentersBank information
Find all the bank account validations details you need to make a payout.
Bank codesMarket specifications
Do you want to know more information about Panama's market? Go to the Tap Into Latin America’s High-Growth Potential article.
Country reference
country code | currency code | amount decimals | document_type name | document_id format |
---|---|---|---|---|
PA | USD | 2 | Cedula de Identidad | 8 digits |
Document validations
Validation | Name | Length | Type | Verification digit |
---|---|---|---|---|
Document | RUC | Between 7 to 15 | characters | No |
Document | Other document | Between 7 to 12 | characters | No |
Mandatory parameters
Bank transfers
Bank transfer parameters | B2C | B2B | P2P |
---|---|---|---|
login | Yes | Yes | Yes |
pass | Yes | Yes | Yes |
country | Yes | Yes | Yes |
external_id | Yes | Yes | Yes |
document_id | Yes | Yes | Yes |
beneficiary_name | Yes | Yes | Yes |
beneficiary_lastname | Yes | Yes | Yes |
bank_code | Yes | Yes | Yes |
bank_account | Yes | Yes | Yes |
account_type | Yes | Yes | Yes |
currency | Yes | Yes | Yes |
amount | Yes | Yes | Yes |
purpose | - | - | Yes |
remitter_full_name | - | - | Yes |
remitter_country | - | - | Yes |
remitter_document_type | - | - | Yes |
remitter_document | - | - | Yes |
Payment methods
Panama 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 Panama require detailed account information, including document ID, beneficiary name, bank code, bank account number, account type, currency, and amount. The format of these fields depends on the receiving bank, and strict validation rules apply.
Refer to the document 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 |
---|---|
login | API authentication credentials. Maximum 32 characters. |
pass | API authentication credentials. Maximum 32 characters. |
country | Country code. For Panama, use PA . |
external_id | Unique transaction identifier. Maximum 100 characters. |
document_id | Document ID: Passport, Cedula, RUC number. See document validations below. |
beneficiary_name | First name of the beneficiary. Maximum 50 characters. |
beneficiary_lastname | Last name of the beneficiary. Maximum 50 characters. |
bank_code | Bank code of the beneficiary's bank. See bank codes below. |
bank_account | Bank account number. Maximum 45 characters. |
account_type | Account type: C for Checking accounts, S for Savings accounts. |
currency | Payout currency. For Panama, use USD . |
amount | Payout amount. Use up to 2 decimal numbers. |
purpose | Reason for the payout. EPREMT - Remittance (P2P). Mandatory only for remittance (P2P). |
remitter_full_name | Full name of the sender. Maximum 200 characters. Mandatory only for remittance (P2P). |
remitter_country | ISO 3166-1 alpha-2 code of the sender. Mandatory only for remittance (P2P). |
remitter_document_type | Type of identification document: 'ID' for national identification number, 'PASS' for passport. Mandatory only for remittance (P2P). |
remitter_document | Document number of the sender. Maximum 45 characters. Mandatory only for remittance (P2P). |
Example request
{
"login": "1n234n56",
"pass": "HolAc123o",
"external_id": "1234567812345678",
"document_id": "1267979689",
"country": "PA",
"beneficiary_name": "JUAN",
"beneficiary_lastname": "RUIZ",
"bank_code": "016",
"bank_account": "123456789123",
"account_type": "C",
"amount": "1148.00",
"comments": "this is the 1st comment",
"currency": "USD",
"type": "json"
}
Bank information
Access the reference formats and accepted values required for processing bank payouts in Panama.
Bank codes
These are the values the bank_code
parameter can take in Panama.
Bank Name | Bank Code |
---|---|
Allbank | 174 |
Atlas Bank | 180 |
BAC International Bank | 138 |
Balboa Bank & Trust | 168 |
Banco Aliado | 108 |
Banco Azteca | 150 |
Banco del Pacífico | 91 |
Banco Delta | 156 |
Banco Ficohsa | 172 |
Banco General | 7 |
Banco Lafise | 157 |
Banco Nacional de Panama | 1 |
Banco Panama | 505 |
Banco Pichincha Panama | 151 |
Bancolombia | 175 |
Banesco | 158 |
Banisi | 161 |
Banistmo S.A. | 2 |
Bank of China | 116 |
Banvivienda | 504 |
BBP Bank | 165 |
BCT Bank International | 139 |
BI-Bank | 178 |
BICSA | 51 |
Cacechi | 252 |
Caja de Ahorros | 77 |
Canal Bank | 125 |
Capital Bank | 159 |
Citibank | 3 |
Coeduco | 253 |
Cooesan | 251 |
Coopeduc | 250 |
Cooperativa Cristobal | 500 |
Cooperativa Profesionales | 71 |
Coopeve | 254 |
Cooprac, R.L. | 503 |
Credicorp Bank | 110 |
Davivienda | 18 |
Ecaseso | 502 |
Edioacc | 501 |
FPB Bank | 173 |
G&T Continental | 162 |
Global Bank | 115 |
Mercantil Bank | 163 |
Metrobank | 106 |
MMG Bank | 147 |
Multibank | 37 |
Prival Bank | 167 |
Produbank | 153 |
Scotiabank | 42 |
St. Georges Bank | 149 |
Towerbank | 40 |
UNI Bank & Trust, Inc. | 170 |
Updated 4 days ago