21 Banks Strong: ACH Xpress Welcomes Banco General

ACH Xpress Integrates Banco General, Expanding its Network

Panama City, Panama – ACH Xpress, Panama’s premier immediate electronic transfer network, has reached a new milestone with the integration of Banco General, one of the country’s leading financial institutions. This addition expands the ACH Xpress network to 21 banks, offering enhanced convenience and accessibility for customers seeking seamless digital transactions.

Instant Transfers Now a Reality for Banco General Customers

The integration means that Banco General customers can now make and receive interbank transfers instantly, 24 hours a day, 365 days a year. This capability provides unparalleled flexibility and convenience in managing their finances.

ACH Xpress: A Digital Payments Powerhouse

ACH Xpress has rapidly become a cornerstone of Panama’s digital economy. In the first quarter of 2025 alone, the platform processed over 816,000 transactions, totaling more than $165.8 million. This impressive volume underscores the growing reliance on ACH Xpress for secure and efficient financial transactions.

Explosive Growth in Digital Transactions

The popularity of ACH Xpress is evident in its remarkable growth figures. In 2024, the platform saw a staggering 165.3% increase in transaction volume. More than 1.9 million transfers were conducted via ACH Xpress, with a total value exceeding B/. 346 million. This exponential growth highlights the increasing preference for digital payment solutions among Panamanians.

Telered’s Vision for a Digitally Connected Panama

Alexander Acosta, Executive Vice President and General Manager of Telered, emphasized the significance of this integration:

“The entry of Banco General represents a key step in our mission to transform the payment experience in Panama. We are connecting more users with agile solutions that respond to the demands of today’s digital economy.”

Full List of Participating Banks

The ACH Xpress network now includes: BAC, Banco Aliado, Banco Delta, Banco LAFISE, Banco Nacional de Panamá, Banco Pichincha, Banisi, Banistmo, BCT Bank, Bi Bank, Caja de Ahorros, Canalbank, Davivienda, Mercantil Panamá, Metrobank, Multibank, Scotiabank, St. Georges Bank, Towerbank, Unibank, and Banco General.

Modernizing Panama’s Banking Sector

The integration of Banco General into ACH Xpress signifies a significant step forward in modernizing Panama’s banking sector. By providing secure, immediate transfer capabilities, ACH Xpress is empowering individuals and businesses to thrive in the digital age.

Conclusion

The addition of Banco General to the ACH Xpress network marks a pivotal moment in Panama’s journey toward a fully digital financial ecosystem. As more Panamanians embrace digital payment solutions, ACH Xpress is poised to play an increasingly vital role in facilitating economic growth and innovation.

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