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The measure was issued by the Monetary and Financial Regulation Board last August.
Since January 1, 2022, the provision of the Monetary and Financial Regulation Board that establishes virtual channels as a method of payment for public services in financial entities.
This was established in resolution 672-2021-F of August 3, 2021 and set a maximum date of December 31 for the correspondent entities to implement the necessary mechanisms for the collection of these payments by debit account, electronic transfer, card credit, debit card or other electronic means. The same provision governs the auxiliary payment systems of the Central Bank.
Ecuadorians withdraw an average of $ 103 a month through ATMs
The Board clarified that payments equal to or less than 76 dollars may continue to be made at the windows of the correspondent entities of the Central Bank, either as electronic or physical payment. Similarly, the windows of public entities may carry out physical collection regardless of the amount.
Various changes in interest rates will apply from January 3, 2022
The Ecuadorian Institute of Social Security (IESS) indicated that the payment of employer obligations of employers and affiliates exceeding 76 dollars will only be collected through digital channels of financial entities.
“Payment by virtual means streamlines the service and provides security to the user, in addition, it guarantees that employers comply with their obligations on time and workers access the benefits and services of the IESS, uninterruptedly,” said a statement. .
Through emails or communications on social networks, several financial entities notified their clients of the regulations so that they take the necessary precautions. (I)
Pay your taxes and utilities comfortably! As of January 1, 2022, you will no longer be able to make cash desk payments for amounts greater than $ 76. But don’t worry, pay for it whenever you want from 24online, 24móvil or SAT. Check the list of companies that you must pay online. pic.twitter.com/gMsJaMBtYT
– Banco Bolivariano (@BcoBolivariano) December 29, 2021
As of January 1, your public service payments at the window of more than $ 76 must be made through a debit account, credit or debit card and in our virtual channels ORONET, OROMÓVIL or Collections and Payments.
For more information call us at 392-04-04 pic.twitter.com/XAX4B2H0FS– Bank of Machala (@BcodeMachala) December 31, 2021
Announcement | In compliance with the disposition of the Monetary and Financial Policy and Regulation Board: From today, amounts greater than $ 76 in the collection of payments for public services will be made from our digital channels. pic.twitter.com/SejFaZJT3M
– Banco del Austro (@BancodelAustro) January 3, 2022
From January 1, 2022, your payments for public services and taxes above $ 76 must be made only through digital channels: Electronic Banking or Mobile Banking of @bancoamazonasec and not at the windows. Make your payments without leaving home! pic.twitter.com/jjB16UOtBm
— Banco Amazonas SA (@BancoAmazonasEc) January 3, 2022
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