BIN 516419
BANCO NACIONAL DE FOMENTO • PARAGUAY • MASTERCARD
About BIN 516419
BIN 516419 is a MASTERCARD debit card operating on the PLATINUM payment network, issued by BANCO NACIONAL DE FOMENTO in PARAGUAY (PY). The default settlement currency for this card is Unknown. This is not a prepaid card — it is linked to a standard bank account or credit facility. Card numbers beginning with this BIN pass the Luhn algorithm validation, confirming they are structurally valid card numbers.
Frequently Asked Questions
What is BIN 516419?
A Bank Identification Number (BIN), also called an Issuer Identification Number (IIN), is the first 6–8 digits of a payment card. BIN 516419 identifies BANCO NACIONAL DE FOMENTO as the issuing institution for cards carrying this prefix. These digits tell payment processors which bank issued the card before the full transaction is initiated.
Which bank issued BIN 516419?
BIN 516419 was issued by BANCO NACIONAL DE FOMENTO, a financial institution operating in PARAGUAY. You may reach them by phone at +59521444440. Their official website is http://www.bnf.gov.py.
In which country is BIN 516419 registered?
BIN 516419 is registered in PARAGUAY (country code: PY). The issuing bank, BANCO NACIONAL DE FOMENTO, holds the licence to issue cards under this BIN range in PARAGUAY. Transactions on these cards typically involve PARAGUAY-based banking and settlement infrastructure.
Is BIN 516419 a credit, debit, or prepaid card?
BIN 516419 belongs to the debit card category. This is not a prepaid card, so it is linked to a standard bank account or approved credit facility.
What payment network does BIN 516419 use?
BIN 516419 operates on the MASTERCARD payment network using the PLATINUM card scheme. This means all transactions made with cards carrying this BIN are routed and processed through MASTERCARD's global payment infrastructure.
What currency is associated with BIN 516419?
The primary currency associated with BIN 516419 is Unknown. This is the currency in which domestic transactions are typically billed for cards under this BIN range when used in PARAGUAY. International transactions may involve currency conversion depending on the merchant's country.
Does BIN 516419 pass the Luhn check?
Yes — card numbers beginning with BIN 516419 pass the Luhn algorithm. The Luhn algorithm is a standard checksum formula used by payment systems to detect miskeyed or structurally invalid card numbers. A passing result confirms the number range is mathematically valid.
