YAPE allows users to send free remittances: receive money from the United States or Europe without commissions

The mobile application of the BCP collaborates with various foreign agencies and remittances to facilitate the reception of money in soles or dollars to Peruvian users.

YAPEthe application of the Bank of Credit of Peru (BCP), facilitates its users to receive Remittances without commissions for the money that comes from abroad. In addition, it provides the possibility of selecting between dollars or soles when receiving these funds, which adds flexibility and comfort to the user experience.

Remittances have become a crucial source of income for many families in Peru. However, accessing these funds can be complicated, since the process entails various procedures and commissions that hinder the withdrawal of money. Next, we tell you more details about the service it offers YAPE To facilitate this process.

How to receive remittances from abroad with YAPE?

YAPE It allows you to receive remittances in soles and dollars, which provides flexible options to its users. For those who choose the US currency, it is essential to have an account in dollars in the BCP. In addition, the Mobile application It recommends users to share relevant information with their family and friends abroad that they wish to make money. These are the necessary steps to carry out this procedure effectively.

  1. Enter the website or application of the remittance.
  2. Complete personal data.
  3. Choose the shipping method called “Mobile Wallet”.
  4. Choose YAPE.
  5. Put the cell phone number and the full name of the user of YAPE.

Users of the mobile application will receive an email notification and a text message that will confirm the delivery of their remittance. In addition, they will have the option to review the shipment in their history within the platform. YAPE He informs that, if the client cannot see the roughness, he must wait a business day. In the event that the shipment does not appear after this period, it is suggested to contact an advisor to obtain assistance.

Countries where users can send remittances with YAPE

The BCP application offers the possibility of receiving remittances from 37 countries In four continents, which simplifies the sending of money for thousands of Peruvians living abroad. To access the complete list of available countries, it is recommended to visit Yape’s official page.

Source: Yape

What are the agencies that Yape authorizes for the sending of remittances?

Yape’s remittance service is based on collaboration with several Remittachment companieswhich facilitates the sending of money at no cost. Next, the companies that have forged an alliance with YAPE are detailed:

  • Ria Money Transfer
  • Moremoney
  • AFEX
  • Returns
  • Tenpo
  • Remitly
  • Intermex
  • Monkey
  • Xe
  • Sharemoney
  • Mandadito
  • XOOM

A particular fact is that, according to information provided by the Central Reserve Bank of Peru (BCRP), the Peruvians who reside abroad remittances for a total amount of US $ 4,446 million during 2023.

Source: Larepublica

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