SBS Resolution No. 00704-2026: Amending Article 5 of the Regulations on Electronic Money Operations, Approved by SBS Resolution No. 6283-2013, and Article 1 of the Basic Accounts Regulations, Approved by SBS Resolution No. 2891-2018

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Lima, March 10, 2026
SBS Resolution
No. 00704-2026
The Superintendent of Banks, Insurance Companies, and Private Pension Fund Administrators CONSIDERING:
That, through Law No. 29985 and its amendments, the Law regulating the Basic Characteristics of Electronic Money as an instrument for Financial Inclusion was approved; and that, through Supreme Decree No. 090-2013-EF and its amendments, its Regulations were approved; That, through SBS Resolution No. 6283-2013 and its amendments, the Regulations on Electronic Money Operations were approved, which establish the regulatory framework applicable to electronic money operations; That, through SBS Resolution No. 2891-2018 and its amendments, the Basic Accounts Regulations were approved, which regulate the characteristics and operation of such accounts, within the framework of promoting financial inclusion; That, through Law No. 32413, the Law enabling digital wallets to receive salary payments and other labor obligations was approved, by which the use of digital wallets linked to savings accounts and electronic money accounts as a payment method by employers was authorized, for the deposit of labor obligations in the public and private sectors, with the aim of expanding the reach of inclusive financial tools, thereby benefiting all workers and citizens; That, through Supreme Decree No. 011-2026-EF, the Regulations of Law No. 32413 were approved, which establish that the Superintendent of Banks, Insurance Companies, and Private Pension Fund Administrators, within its competencies, determines the operational limits referred to in Article 6 of Law No. 32413 applicable to digital wallets that carry out electronic money operations for the payment of salaries and other labor obligations, with the aim of facilitating greater financial inclusion; That, likewise, it is necessary to amend the Regulations on Electronic Money Operations and the Basic Accounts Regulations, in order to standardize the

2 limits applicable to both basic accounts and simplified electronic money accounts, using the Tax Payment Unit (UIT) as a reference; That, these amendments will contribute to reducing barriers for users, fostering more efficient use of electronic money, continuing to promote the use of digital wallets as a payment method, and complying with what is established in Law No. 32413, thereby contributing to financial inclusion in the country; That, with the aim of gathering public opinions on the proposal, the publication of the draft resolution on this matter was ordered in the Superintendency's digital headquarters through SBS Resolution No. 00425-2026, in accordance with the Thirty-Second Final and Transitional Provision of the General Law of the Financial System and Insurance System and Organic Law of the Superintendency of Banks and Insurance – Law No. 26702 and its amending regulations (hereinafter, General Law), as well as Supreme Decree No. 009-2024-JUS; Having received the approval of the Adjunct Superintendencies for Banks and Microfinance, and Regulation and Legal Affairs, as well as the Risk Management and Economic Studies Departments; and, In exercise of the powers conferred by paragraphs 7 and 9 of Article 349 of the General Law; RESOLVES:
First Article.– Amend the Regulations on Electronic Money Operations, approved by SBS Resolution No. 6283-2013 and its amendments, as follows:

1. Substitute letters b), c), d) and e) of Article 5, as follows:
   “Article 5.- Simplified electronic money accounts (…) b) Each transaction is subject to a limit of 0.6 times the current Tax Payment Unit (UIT). c) The consolidated balance of electronic money accounts belonging to the same holder, under any modality, with the same electronic money issuer, may not exceed 1.9 times the current UIT. d) The accumulated conversions to electronic money of the same holder, under any modality, with the same issuer in a month, may not exceed 1.9 times the current UIT. e) The accumulated transactions (conversions, transfers, payments, reconversions, etc.) of the same holder, under any modality, with the same issuer in a month, may not exceed 2.8 times the current UIT. (…)”

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Second Article.– Amend the Basic Accounts Regulations, approved by SBS Resolution No. 2891-2018 and its amendments, as follows:

1. Substitute letters b), c) and d) of Article 1, as follows:
   “Article 1.- Definition and characteristics
   (…) b) Each transaction is subject to a limit of 0.6 times the current Tax Payment Unit (UIT). c) It is expressed in national currency and the consolidated balance of basic accounts belonging to the same holder, with the same company, may not exceed 1.9 times the current UIT. d) The accumulated monthly transactions of the same holder with the same company may not exceed 2.8 times the current UIT. (…)” Third Article.– This Resolution takes effect from the day following its publication in the official newspaper El Peruano. Registered, communicated, and published, SERGIO JAVIER ESPINOSA CHIROQUE SUPERINTENDENT OF BANKS, INSURANCE COMPANIES, AND PENSION FUND ADMINISTRATORS