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1h ago

Mexico's Banks to Activate User-Set Transfer Caps Oct. 1 Ahead of Default Limit

The CNBV’s MTU gives customers control over maximum digital transfer amounts to strengthen fraud defenses.

Mientras cumplas con las normativas fiscales y mantengas registros claros y precisos de tus operaciones financieras, puedes evitar problemas con el SAT.
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Se debe configurar el MTU antes del 30 de septiembre desde la aplicación del banco
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Overview

  • Users have until September 30 to set their MTU or they will receive a default cap of 1,500 UDIS, roughly 12,800 pesos at current values.
  • The MTU applies to digital operations such as SPEI, CoDi and Dimo within banking apps or online platforms, not to in-branch transactions or physical card purchases.
  • Transfers that exceed the configured limit, including incoming deposits, can be rejected until the customer updates the MTU or completes additional verification.
  • Banks must enable the MTU tool by October 1, present a suggested limit, and allow free, immediate changes per operation, day, week or month with two-factor authentication.
  • The requirement covers institutions of banca múltiple; many fintechs and sofipos, including Nu and Mercado Pago, are not yet obligated under the transitory regime.