written in Economy
System Interbank Electronic Payment (SPEI) According to the Bank of Mexico (Banxico), there will be new rules regarding operations until 2023. The platform started operations in 2004 with the objective of providing assistance to users and speeding up the electronic processes of banks, allowing the user to conduct secure transactions without leaving home.
SPEI is not only used by individuals, but it is also operated and benefited by banks, companies and brokerage firms. That’s why I met Banxiko fintechOwners of financial technology companies, this is to make their processes more flexible and provide better service to their consumers.
change in spei
In the Official Gazette of the Federation (DoF)Circulars 15/2022 and 16/2022 were published on December 13, announcing changes to the rules issued last March. Among the changes, the following points stand out:
- MECHANISM FOR MODIFYING CLABES AND CHANGING THEM INTO DIRECT PARTICIPANTS.
- Change in dignity, this is because people do not connect everyday.
- What is due to come into force on 15/2022 and 16/2022 will finally come into force on June 19, 2023.
The measures have been implemented in the wake of controversies that arose last March over the implementation of regulations that put pressure on various sectors. For this, SPEI was meeting with Banxico Fintechs to solve and make operations more flexible, To see that both sides benefit.
Previously, the central bank required participants to be direct and meet 292 requirements, in addition to possessing special equipment. Now, it has over 500,000 customers, receives over 3 billion pesos in annual transfers.Therefore it must follow the operations of more than 32 thousand 400 million pesos.