--- updatedAt: 2026-03-03T17:18:36.000Z agentTools: projectIndex: https://docs.dlocal.com/llms.txt --- # Panama Learn everything you need to know to make payouts in Panama with dLocal. [block:html] { "html": "\n \n
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Market specifications

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\n Country reference\n Document validations\n Mandatory paramenters\n\n
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Payment methods

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\n Find all the information about payment methods capabilities. \n

\n Bank transfers\n
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Bank information

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\n Find all the bank account validations details you need to make a payout. \n

\n Bank codes\n
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\n \n " } [/block] *** # Market specifications Do you want to know more information about Panama's market? Go to the [Tap Into Latin America’s High-Growth Potential](https://dlocal.com/payment-processors-in-latin-america/) article. ## Country reference | `country` code | `currency` code | `amount` decimals | `beneficiary.document.type` name | `beneficiary.document.id` format | | :------------: | :-------------: | :---------------: | :------------------------------: | :------------------------------: | | `PA` | `USD` | 2 | Cedula de Identidad | 8 digits | ## Document validations | Validation | Name | Length | Type | Verification digit | | ---------- | -------------- | --------------- | ---------- | ------------------ | | Document | RUC | Between 5 to 15 | characters | No | | Document | Other document | Between 5 to 12 | characters | No | ## 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 | | `amount` | Yes | Yes | Yes | | `country` | Yes | Yes | Yes | | `currency` | Yes | Yes | Yes | | `beneficiary.document.id` | Yes | Yes | Yes | | `beneficiary.first_name` | Yes | - | Yes | | `beneficiary.last_name` | Yes | - | Yes | | `beneficiary.business_name` | - | Yes | - | | `beneficiary.bank_account.code` | Yes | Yes | Yes | | `beneficiary.bank_account.account` | Yes | Yes | Yes | | `beneficiary.bank_account.type` | Yes | Yes | Yes | | `beneficiary.address.street` | - | - | Yes | | `beneficiary.address.city` | - | - | Yes | | `remitter.first_name` | - | - | Yes | | `remitter.last_name` | - | - | Yes | | `remitter.document.type` | - | - | Yes | | `remitter.document.id` | - | - | Yes | | `remitter.nationality` | - | - | Yes | | `remitter.address.street` | - | - | Yes | | `remitter.address.city` | - | - | Yes | | `remitter.address.postal_code` | - | - | 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](#document-validations) and [bank codes](#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. [block:parameters] { "data": { "h-0": "Mandatory parameter", "h-1": "Description", "0-0": "`external_id`", "0-1": "Payout identification at the merchant's end. Maximum 100 characters.", "1-0": "`payment_method_id`", "1-1": "Payment method. For bank transfers, use `BANK_TRANSFER`.", "2-0": "`flow_type`", "2-1": "Payout flow type. Valid values: `B2C` (Business to Consumer), `B2B` (Business to Business), or `P2P` (Person to Person).", "3-0": "`purpose`", "3-1": "Payout purpose code. See [purpose codes reference](https://docs.dlocal.com/docs/purpose-codes-reference-v3).", "4-0": "`amount`", "4-1": "Payout amount in the currency set in the `currency` field. Use up to 2 decimal places.", "5-0": "`country`", "5-1": "Country code. For Panama, use `PA`.", "6-0": "`currency`", "6-1": "Payout currency. For Panama, use `USD`.", "7-0": "`beneficiary.document.id`", "7-1": "Beneficiary's document number: Passport, Cedula, RUC number. See [document validations](#document-validations) below.", "8-0": "`beneficiary.first_name`", "8-1": "Beneficiary's first name. Maximum 50 characters.", "9-0": "`beneficiary.last_name`", "9-1": "Beneficiary's last name. Maximum 50 characters.", "10-0": "`beneficiary.business_name`", "10-1": "Beneficiary's business name. Mandatory only for B2B.", "11-0": "`beneficiary.bank_account.code`", "11-1": "Beneficiary's bank code. See [bank codes](#bank-codes) below.", "12-0": "`beneficiary.bank_account.account`", "12-1": "Beneficiary's bank account number. Maximum 45 characters.", "13-0": "`beneficiary.bank_account.type`", "13-1": "Beneficiary's bank account type. Account type: \n`CHECKING`: Checking accounts \n`SAVINGS`: Savings accounts", "14-0": "`beneficiary.address.street`", "14-1": "Beneficiary's address street. Maximum 200 characters. Mandatory only for remittance (P2P).", "15-0": "`beneficiary.address.city`", "15-1": "Beneficiary's address city. Maximum 100 characters. Mandatory only for remittance (P2P).", "16-0": "`remitter.first_name`", "16-1": "Remitter's first name. Maximum 50 characters. Mandatory only for remittance (P2P).", "17-0": "`remitter.last_name`", "17-1": "Remitter's last name. Maximum 50 characters. Mandatory only for remittance (P2P).", "18-0": "`remitter.document.type`", "18-1": "Remitter's document type: `ID` for national identification number, `PASS` for passport. Mandatory only for remittance (P2P).", "19-0": "`remitter.document.id`", "19-1": "Remitter's document number. Maximum 45 characters. Mandatory only for remittance (P2P).", "20-0": "`remitter.nationality`", "20-1": "Remitter's nationality. ISO 3166-1 alpha-2 code. Mandatory only for remittance (P2P).", "21-0": "`remitter.address.street`", "21-1": "Remitter's address street. Maximum 200 characters. Mandatory only for remittance (P2P).", "22-0": "`remitter.address.city`", "22-1": "Remitter's address city. Maximum 40 characters. Mandatory only for remittance (P2P).", "23-0": "`remitter.address.postal_code`", "23-1": "Remitter's address postal code. Maximum 20 characters. Mandatory only for remittance (P2P)." }, "cols": 2, "rows": 24, "align": [ "left", "left" ] } [/block] ### Example request ```json Bank transfers - B2C { "external_id": "1234567812345678", "payment_method_id": "BANK_TRANSFER", "flow_type": "B2C", "purpose": "OTHER_SERVICES", "amount": 1148.00, "country": "PA", "currency": "USD", "beneficiary": { "document": { "type": "RUC", "id": "1267979689" }, "first_name": "JUAN", "last_name": "RUIZ", "bank_account": { "code": "138", "account": "123456789123", "type": "CHECKING" } } } ``` ```json Bank transfers - P2P { "external_id": "1234567812345678P2P", "payment_method_id": "BANK_TRANSFER", "flow_type": "P2P", "purpose": "REMITTANCES", "amount": 1148.00, "country": "PA", "currency": "USD", "beneficiary": { "document": { "type": "RUC", "id": "1267979689" }, "first_name": "JUAN", "last_name": "RUIZ", "bank_account": { "code": "016", "account": "123456789123", "type": "CHECKING" }, "address": { "street": "AVENIDA PRINCIPAL 123", "city": "PANAMA CITY" } }, "remitter": { "first_name": "MARIA", "last_name": "LOPEZ", "document": { "type": "ID", "id": "5678901234" }, "nationality": "US", "address": { "street": "MAIN STREET 456", "city": "MIAMI", "postal_code": "33101" } } } ``` # Bank information Access the reference formats and accepted values required for processing bank payouts in Panama.
## Bank codes
These are the values the `beneficiary.bank_account.code` parameter can take in Panama. | Bank Name | Bank Code | | ------------------------- | :-------: | | 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 | | G\&T Continental | 162 | | Global Bank | 115 | | Mercantil Bank | 163 | | Metrobank | 106 | | MMG Bank | 147 | | Multibank | 37 | | Prival Bank | 167 | | Scotiabank | 42 | | St. Georges Bank | 149 | | Towerbank | 40 | | UNI Bank & Trust, Inc. | 170 |