Particle.news
Download on the App Store
11 ARTICLES
·
15m ago

Mexico’s Banks Ready MTU Transfer Caps as Oct. 1 Rollout Nears

Users are being urged to set their own limits now to avoid an automatic default that outlets report around 12,500–12,800 pesos per operation.

Usuarios de banca en línea deberán configurar límite de transferencias con el MTU a partir del 1 de octubre
Por disposición de la CNBV, Santander implementará el Monto Transaccional del Usuario (MTU) desde el 1 de octubre.
Si no configuras tu app bancaria antes del 30 de septiembre, tus transferencias quedarán limitadas a 12 mil 500 pesos. / Imagen ilustrativa hecha con IA (Chatgpt).
Image

Overview

  • Regulators set a phased schedule: users have until September 30 to configure their MTU, banks must enable the controls by October 1, and the regime becomes mandatory on January 1, 2026.
  • Major banks including BBVA, Santander, HSBC and Banorte have published in‑app and web guides to set per‑operation, daily and monthly caps, with second‑factor or biometric verification required to confirm changes.
  • Transfers that exceed a user’s MTU may be blocked or require additional authentication to proceed, adding a layer of protection against fraud and unauthorized movements.
  • The MTU covers most digital operations such as SPEI transfers, CoDi and Dimo payments, card payments to third parties, and service or tax payments, but it does not affect in‑person card purchases or cash deposits.
  • Media reports differ on the exact default amount for those who do not configure a limit, so customers should check their bank’s figure before relying on it.