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Bank Transfer (PE)
Bank transfers in Peru allow users to send and receive money electronically between bank accounts. They can be initiated through online banking platforms or mobile apps provided by financial institutions such as BCP, Interbank, BBVA, Caja Arequipa, and others. The process is generally straightforward: users select their bank, input necessary details, and complete the transaction.
Method
Bank Transfer (PE)
LPM Market Share
n/a
Payments
Yes
Refunds
Yes - full and partial refunds (automated)
Type
Bank Transfer
Local Card Scheme
Users
11M
Disbursements
Yes
Yes
Chargebacks
$25.00
Authorization currency
PEN
Authorization
speed
speed
Instant
Recurring
No
No