Circular N° 0017-2026-BCRP, the Banco Central de Reserva del Perú regulation governing immediate payments made through an alias, enters into force on September 13, 2026. The Banco Central de Reserva del Perú published the circular in El Peruano on July 15, 2026. The circular sets entry into force at 60 calendar days from publication. The rule reaches payment service providers, payment infrastructures and critical technology providers. Covered entities include banks, municipal savings banks, finance companies, electronic money issuers and digital wallets.
The regulation defines an alias as a validated identifier linked to a user's funds account. Permitted identifiers are the mobile telephone number, the Documento Nacional de Identidad and other identifiers the Banco Central de Reserva del Perú approves later. Users may also initiate a payment by reading a QR code.
Transfers must execute in real time or close to real time. The service must operate 24 hours a day, seven days a week, throughout the year. Regulated entities may not block, delay or unjustifiably limit transfers between different institutions. Providers must resolve user complaints within a maximum of 15 working days. Those obligations bind all covered entities from September 13, 2026.
Update (2026-09-30): Circular N° 0017-2026-BCRP requires the providers and managers of alias directories to obtain authorisation from the Banco Central de Reserva del Perú before they start operating. Those already operating before the circular took effect must apply by 31 December 2026 and may continue to operate while the application is evaluated.
A 30-day notice rule applies to products. Regulated entities must inform the central bank of any new product, innovation, development or relevant modification involving immediate payments at least 30 calendar days before a limited-customer trial or market launch, whichever comes first. Payment infrastructure administrators must report to the central bank the start of operations of a new regulated entity no later than the business day after its contract is signed or its final tests are completed, whichever is earlier.
Each operation is capped at S/ 30,000. Failing to give the 30-day product notice, or the new-entity notice, carries a fine of 20 UIT. Operating as a directory provider or manager without authorisation carries 20 UIT, a further 50 UIT if the breach is not remedied within 10 business days, and permanent exclusion from the service if it persists after a second 10 business days.