Bank or cooperative account opening

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sasha2023 Member

Member since 12 September 2023

sasha2023Member07 January 2024 21:21:24

Hi, can anybody tell me which way (bank or cooperativas) has the easierst requirements.

I was only able to open a basic/digital account where I can neither send or receive money

from abroad.

Thanks, Sasha

Johan Smal Active member

Member since 01 May 2023

Johan SmalActive member08 January 2024 01:46:58

You can have money sent to you via remitly.com to Banco Familiar Paraguay, and collect it using your cedula or passport.

mortians New member

Member since 10 August 2023

mortiansNew member08 January 2024 02:29:53

What is the process of opening a bank account then

Simon Paraguay Active member

Member since 29 March 2022

Simon ParaguayActive member08 January 2024 09:04:14

If you just want somewhere to keep a little money and don't want to be receiving money from overseas or to do things digitally I would suggest looking at the co-ops. They offer less services than the banks but are far simpler to deal with

sasha2023 Member

Member since 12 September 2023

sasha2023Member09 January 2024 17:55:31

@Johan Smal

Hi, thanks for your reply. Can I also receive money transfers from other countries if I don't have an account with banco familiar? Also can I also use other transfer companies instead of remitly?

Thanks for your advice.

Sasha