Canonical: https://unicorncurrencies.com/send-money-to/peru/

# Intelligence: Sending Money to Peru

## Banking Requirements

- **Code:** **CCI**

- **Format:** 20-digit Código de Cuenta Interbancario

## Route Context

- **Use case:** Pay Peruvian suppliers for copper, textiles, agricultural products, seafood

- **Published local rails:** Plin, Yape, Sistema de Liquidación Bruta en Tiempo Real

- **Timing note:** Settlement and credit timing depend on rail availability, funding, cut-offs, compliance review, correspondent handling, and receiving-bank release.

## Payment Control

- Check beneficiary details before release.

- Confirm payment purpose and invoice context.

- Keep proof available if the supplier says funds have not arrived.

- Review deductions if the amount lands short.

## Regulatory

- Banco Central de Reserva del Perú regulations

- SUNAT (Tax Authority) documentation

- IGV (VAT 18%) on goods and services

- Mining sector oversight

## Key Industries

- Mining

- Textiles

- Agriculture

- Seafood

- Manufacturing

## Tips

- Peru = Copper/silver leader, textile exporter

- Plin/Yape gaining traction for PEN payments

- Lima = Main business hub

- Strong textile manufacturing (Pima cotton) - competitive pricing