He National bank announced the implementation of a new digital wallet, which is added to the market. This new tool enables microtransfers and virtual payments. One of the great news for the various users of this application is that money can be transferred to digital wallets such as Yape and Plin.
Along these lines, another service offered by the platform is sending money through a bank account, an option that adjusts to the user’s needs if they choose to send money to other banks or municipal savings banks. Find out more details in this note.
How does this new Banco de la Nación app work?
The application is called National Bank (BN), has money transfer based only on using the cell phone number. This action allows everyone to send and receive money quickly and securely, so there is no need to know the recipient’s account number.
To send money, the customer selects the recipient’s cell phone number from their contact list or can also enter it manually, as in Yape or Plin.
This is how you can have this new digital wallet:
- Download the BN app: find it as Banco de la Nación in the Play Store or Apple Store and click ‘install’.
- Enter the application and go to the ‘transfer to cell phone’ option.
- This application will verify your cell phone number before starting the operation, you will receive a text message.
- The received message will be placed and the system will load.
- Then it will generate your digital dynamic key or token key, only you should know this.
- Accept the terms and conditions, and now you can use this application.
This new initiative of National bank seeks to close gaps and include people who are not yet part of the banking system in Peru.
What other financial entities does this Banco de la Nación app include?
- Yape
- Plin
- 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
Up to what amount of money can be transferred?
For security reasons, the National bank stipulates limits for transfers through its new app. Users will be able to send from S/500 to S/700 during the day, totally free.
It is estimated that this new virtual application will benefit millions of users throughout Peru. Their promotion has been arranged, especially for those who have their accounts affiliated with the aforementioned bank. Currently, 2.16 million Peruvians have accounts at the Banco de la Nación.
Source: Larepublica

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