BCP implements three new functions into the System of Instant Payments - .::Agencia IP::.

Asunción, Agencia IP.- The Central Bank of Paraguay (BCP, by its acronym in Spanish) has new functionalities in the System of Instant Payments (SPI): The refund of money and its solicitude and sub-participants. This milestone represents a significant advance for strengthening and modernising the country’s financial infrastructure by providing a safer and more efficient environment for […]

Asunción, Agencia IP.- The Central Bank of Paraguay (BCP, by its acronym in Spanish) has new functionalities in the System of Instant Payments (SPI): The refund of money and its solicitude and sub-participants. This milestone represents a significant advance for strengthening and modernising the country’s financial infrastructure by providing a safer and more efficient environment for transfers through the SPI.

The new functionalities of SPI have been developed intending to improve the experience of the clients and incorporate more participants into the ecosystem of SPI, promoting better efficiency.

Refund of money: This function allows you to reimburse a transfer received by mistake. Your bank entity will ease this function through its app, simplifying it at most.

Request for a refund: If you made a mistake when doing a transfer, you can now quickly request a refund. It is essential to highlight that the agreement to return the money depends on the other parties involved.