2022-12-13 | Circular 17/2022

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Circular 17/2022 — Modifications to Circular 3/2022 (Transitional Rules)

The Bank of Mexico amends the fourth transitional provision of Circular 3/2022 to defer the effective date of specific indirect participation rules in the Interbank Electronic Payments System (SPEI) to June 19, 2023. This modification applies to credit institutions and other companies that professionally provide fund transfer services. The circular enters into force on the next banking business day following its publication in the Official Gazette of the Federation.

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