Best ATMs in Paraguay for foreign card holders? What are the fees, limits?

When I visited Paraguay, I mostly used Banco Itaú ATMs in Asunción. My Wise Visa worked smoothly, with a PYG 2,000,000 limit and a PYG 25,000 fee. Banco Continental was equally reliable with my Revolut Mastercard. I withdrew once every three days to cover meals, taxis, and budget hotels. Cash was essential in local markets and for colectivos. Overall, Paraguay’s ATMs worked fine with foreign cards, but the key was withdrawing in the capital rather than smaller towns where options were limited.

ATM fees in Paraguay add up quickly. My HSBC debit card was charged PYG 30,000 at BBVA for a PYG 1,500,000 withdrawal. Machines sometimes ran out of cash on weekends, especially in Ciudad del Este. Withdrawal limits were modest compared to what I needed, so I had to make multiple transactions. Best advice: use Banco Itaú or Continental, withdraw the maximum at once, and avoid independent ATMs near border crossings, which often have worse fees or questionable exchange rates.

I had a good experience withdrawing in Paraguay. Banco Itaú ATMs in Asunción accepted my Monzo Mastercard, allowing me to withdraw PYG 2,000,000 at once for a PYG 25,000 fee. Banco Continental also worked fine with my Revolut Visa. Cash was useful in local shops and buses, though many larger stores accepted cards. I withdrew twice during my week-long stay and never had a rejection. Compared to Argentina or Bolivia, Paraguay’s ATMs felt more modern and less stressful to use.

In Paraguay, the best banks for ATM withdrawals are Banco Itaú, Banco Continental, and BBVA. I used my Wise Visa at Banco Itaú in Asunción and withdrew PYG 2,000,000 (~$270 USD) with a fee of PYG 25,000. Banco Continental offered the same limit with my Revolut Mastercard. BBVA worked with my Monzo Visa but sometimes capped me at PYG 1,500,000. ATMs are widely available in Asunción and Ciudad del Este, though less common in smaller towns, so withdraw beforehand if traveling rural.