Currently, many businesses in our country avoid receiving 200 sole bills, which causes inconvenience to a large number of Peruvians who have no other payment option when they need to buy an urgent product. In addition, they cannot change their large bills easily either, as many establishments have a sign posted that says: “200 sole bills are not accepted.” Find out what is the reason for this problem.
Definitely, the 200 sole bill has become a problem for many people. Despite being in normal circulation, more and more establishments refuse to receive the famous ‘Santa Rosita’, as it was popularly called before being replaced by the new image of Tilsa Tsuchiya.
Why don’t wineries receive 200 sole bills?
In an interview with La República, the representative of the Association of Winegrowers of Peru revealed the reasons why the wineries do not want to receive the monetary cash with the highest value in the country, despite the fact that the Central Reserve Bank (BCR) indicated that no one could fail to accept it in a transaction, since it would be an obligation to receive the 200 sole bills.
Why is it that many wineries in Peru do not accept 200 sole bills?
The general manager of the Association of Winegrowers of Peru, Gisela La Cruz Vargas, explained that the 200 sole bills generate distrust in the sellers of the different wineries in the country, since this cash has very little turnover.
He also clarified that they only use it when it comes to giant purchases, such as payments to their suppliers.
“The 200 sole bills generate distrust in the wineries because they have little turnover. They usually use them to pay suppliers or if they have an agent,” said Gisela La Cruz.
Sellers would only use the 200 sole bill in giant purchases. Photo: Andina.
Likewise, he indicated that it is the merchants’ preference to receive bills less than or equal to 100 soles, since their circulation is more frequent. “The 100 sole bills are more feasible and have a daily rotation.”
Resolution that forces merchants to receive bills issued by the BCR
According to Resolution 01592016CC3: Organic Law of the Central Reserve Bank of Peru, Article 43: “The banknotes and coins that the Bank puts into circulation are expressed in terms of the monetary unit of the country and are forced acceptance for the payment of all obligations. , public or private.”
If not complied with, it would become an infraction, so companies have the duty to accept the money issued by the BCR in any commercial transaction; Otherwise, they would be sanctioned by the regulatory body, Indecopi, after violating the regulations.
Source: Larepublica
Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.
