Regulatory Alerts2024-05-02 | Circular 6/2024Added · Updated
Circular 6/2024 — Modification of Circular 9/2023 Regarding Cash Operations and Commission Factors
The Bank of Mexico modifies Annex 21 of Circular 9/2023 to update the factors used to calculate commissions charged to Users for cash services provided through Correspondents. The document establishes specific commission factors based on geographic zones, ranging from 0.00030597 for cities such as Aguascalientes and Cancún to 0.00066833 for cities including Chetumal and Ciudad Juárez. These modifications entered into force on May 2, 2024.
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