Regulatory Alerts2026-06-16 | Circular 11/2026Added
Circular 11/2026 — Modifications to Circular 3/2012 (Operating Levels of Demand Deposit Accounts)
This circular modifies Circular 3/2012 to increase the number of operating levels for national currency demand deposit accounts from four to five by introducing a new Level 2 Bis. It establishes specific deposit limits for the new Level 2 Bis, setting a monthly credit cap of 15,000 UDIS with a maximum of 3,000 UDIS in cash, and restricts account opening to Mexican residents. The regulation also updates requirements for electronic fund transfers, mandates the association of mobile phone digits for transfers, and adjusts the operational rules for adolescent deposit accounts and account request procedures.
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