He National bank introduced an innovative system that allows its clients to send and receive money using only their cell phone number to other banks, municipal savings banks and digital wallets such as Yape or Plin. This initiative seeks to simplify banking transactions and promote financial inclusion, by providing a safe and efficient alternative to make silver transfers.
This new service eliminates the need to know the recipient’s account number, since the transaction is carried out by verifying the telephone number. This advancement is significant for the modernization of banking services, as it provides users with a more accessible and hassle-free experience.
How does the new transfer system implemented by Banco de la Nación work?
The transfer system based on the cell phone number of the National bank allows users to send and receive money quickly and securely without needing to know the recipient’s account number. This method is based on interoperability between different financial entities and ensures that transactions are carried out efficiently.
To send money, the customer selects the recipient’s cell phone number from their phone book or enters it manually along with the financial institution to which it belongs. This streamlined process significantly reduces the time and steps required to complete a transaction, making it ideal for everyday use.
Step by step to join the new Banco de la Nación system
To use this service, customers must follow a simple membership process:
- Download the BN app: install the Banco de la Nación application on your mobile device.
- Select the ‘transfer to cell phone’ option: Within the application, select this option to start the process.
- Verify cell phone number: The system will request verification of the cell phone number associated with the account.
- Enter verification code– A code will be sent by SMS to confirm the user’s identity.
- Enter the dynamic digital key or token key– This ensures that only the account holder can complete the membership.
- Accept the terms and conditions: Finally, the user must accept the terms and conditions of the service to complete their membership.
Which banks are included in this new system?
The new transfer system National bank It has the participation of several financial entities, which guarantees broad coverage and functionality. Participating institutions include:
- Credit Bank
- Interbank
- Scotiabank Peru SAA
- BBVA Peru
- Commerce Bank
- Pichincha Bank
- Crediscotia Financiera SA
- Banco Falabella Perú SA
- Ripley Bank
- Financial Oh
- CMAC Trujillo
- CMAC Arequipa
- CMAC Sullana
- CMAC Ica
- Yape
- Plin
How many will the new transfer system of the Banco de la Nación benefit?
This transfer system has the potential to benefit millions of users throughout the country. By facilitating access to fast and free transfer methods, it is hoped that a large number of people adopt this technology to promote a greater financial inclusion.
This advancement is especially beneficial for those who previously did not have access to traditional banking services.
Banco de la Nación: this is the maximum amount that can be transferred per day in its new system
He National bank has set clear limits for transfers through its new system. Users can send up to S/500 per transaction free waywith a daily limit of S/7,000. This measure seeks to balance the convenience of the service with the need to maintain high standards of security and fraud prevention.
Source: Larepublica
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