Yape

YapeYape 秘鲁

Peru 数字银行 Fully online Residents only ★ 3.9

Minimum depositActivated on registration, no minimum deposit

Monthly feeBasic wallet: no monthly fee

Minimum balanceNo minimum balance

How to apply—

Processing timeAbout 5 min to register in the app; usable once a bank card is linked

Institution typeDigital Bank

Data baseline 2026-10. Editor-verified, but rules change — confirm with the official site before applying. Data transparency →

About this bank

The dominant everyday payment tool in Peru with 13m+ users — market stalls, taxis and landlords all take it
Transfers by phone number alone; a bank account is not always required
Interoperable with Plin since March 2023
No threshold and no monthly fee

Buy a Peruvian SIM and open a local bank account, then link it in the app to complete registration and raise limits

These are stable, standing account benefits (not time-limited) — available as long as you qualify:

Bank offers change frequently by region and quarter. Checked 2026-10; follow the bank's official promo page.

Having documents ready lowers the chance of rejection; policies change, so confirm with the bank before applying.

Open account ↗ Some links are affiliate (commission) links; this does not affect our objective assessment.