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Panama · Payouts

USD payouts in Panama over ACH

Pay out in US dollars to Panamanian bank accounts over ACH, same day or next business day, from one API for the whole region.

Contact salesPanama API docs
  • ACH
  • Currency: USD
  • Licensed
Payouts
USD
Same day or T+1
ACH
Regulatory status
Payment Methods Issuer
Supervised by
SBP · UAF

Market snapshot

Panama in figures

Public, dated figures from official sources. Every number links to its source.

Market overview

Dollar payouts over ACH

In Panama, Localpayment disburses in US dollars to local bank accounts over ACH. Pay-ins are not part of our documented coverage today. Localpayment is a Payment Methods Issuer supervised by the Superintendency of Banks of Panama and the Financial Analysis Unit (UAF).

  • ACH payouts same day or T+1
  • Accepted documents: RUC, CE and passport
  • Double-signature approvals before payouts are released
  • Proof of payment and webhooks for every payout
Compare all payment methods

Checkout experience

How a payout reaches the beneficiary in Panama

Pick a payment method to watch the checkout, step by step. Screens and amounts are illustrative.

Payout · Bank transfer (ACH)

  1. 1Comercio EjemploYour platform sends a $250 payout through Bank transfer (ACH).
  2. 2Banco EjemploThe beneficiary sees the $250 credit in their bank account.
  3. 3Payout completedYour system receives the signed webhook and updates the order.

Payouts

Payout rails in Panama

Every documented rail, with speed, cut-off and limits.

  • Bank transfer (ACH)

    Type
    Bank transfer
    Code
    0150
    Speed / cut-off
    Same day or T+1, cut-off 14:00 local time
    Limits
    —
    Notes
    —

Codes are the paymentMethod.code values in the API. Limits as documented at docs.localpayment.com; final availability depends on your agreement.

Operations

Fund, approve and track every payout

The controls around your payouts in Panama, from funding to proof of payment.

  • Fund your balance

    Top up with a bank wire or with USDC or USDT on Ethereum and Tron (Wire In). Stablecoin deposits are credited about 2–10 minutes after confirmation.

  • Approvals and double signature

    Require a second approver in the Business Portal before a payout is released.

  • Track every payout

    Follow each payout from received to completed with HMAC-signed webhooks, and reconcile it with reports and proof of payment in the API or the Business Portal.

License & regulation

Panama: licensed presence

Payment Methods Issuer — Superintendency of Banks of Panama (SBP) and Financial Analysis Unit (UAF). Before go-live, every merchant completes a compliance review (due diligence or enhanced due diligence) and business verification (KYB).

  • Status: Licensed
  • Production credentials after Stage testing, a security review and KYB
  • Accepted documents: RUC, CE, PASS
  • TLS 1.2+, AES-256 encryption at rest, MFA and HMAC-signed webhooks
See all licenses

For developers

Send your first payout in Panama

Get an access token with POST /api/token/, then call POST /api/payout/ with the rail code and the ISO-3 country code. Test it in Stage first: no real money moves.

  • Country PAN · currency USD
  • Rail: Bank transfer (ACH) · code 0150
  • Final status by HMAC-signed webhook
Panama guide in the docs
# Illustrative request with simplified fields — see the Panama page at docs.localpayment.com
# ACCESS_TOKEN comes from POST /api/token/ and is valid for 5 minutes
curl -X POST https://api.stage.localpayment.com/api/payout/ \
  -H "Authorization: Bearer $ACCESS_TOKEN" \
  -H "Content-Type: application/json" \
  -d '{
    "externalId": "payout-pa-000184",
    "country": "PAN",
    "currency": "USD",
    "amount": 250,
    "paymentMethod": {
      "type": "BankTransfer",
      "code": "0150",
      "flow": "DIRECT"
    },
    "accountNumber": "<your-account-number>",
    "conceptCode": "0001",
    "beneficiary": {
      "type": "INDIVIDUAL",
      "name": "Elena",
      "lastname": "Vargas",
      "document": { "type": "RUC", "id": "0-000-000000" },
      "bank": {
        "account": { "number": "<beneficiary-account-number>" }
      }
    }
  }'

Nearby markets

Keep expanding across the region

Same API, same Business Portal: a new market is a configuration, not a new integration.

Frequently asked questions

Which methods are available in Panama?

Payouts: Bank transfer (ACH). Pay-ins are not part of our documented coverage here today. The table above shows codes, limits and speeds.

How fast are payouts in Panama?

Same day or T+1 over ACH.

Which currency are payouts in?

US dollars (USD).

Can I collect payments in Panama?

We offer payouts today. Talk to sales about collections.

How do I go live in Panama?

Talk to sales about your flows. After the agreement and a compliance review (due diligence or enhanced due diligence), you receive Stage (sandbox) credentials to integrate without moving real money. Production credentials follow Stage testing, a security review and business verification (KYB), so you can go live in weeks.

Related products

Launch in Panama

Get Stage (sandbox) credentials when the partnership starts and go live in weeks. Adding countries later is a configuration, not a reintegration.

Contact salesGo to our docs

How can we help?

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