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Peru – Banking

Peru is a country in South America with a diverse and growing economy. If you are planning to move to Peru, you will need to know about the banking system in the country. In this article, we will answer some common questions about banking in Peru.

Main Local Banks in Peru and Contact Details

There are several local banks in Peru that you can choose from, including:

Presence of UK and USA Banks in Peru

Several major UK and USA banks have a presence in Peru, including:

  • Citibank Peru – Citibank operates in Peru and offers various banking solutions.
  • HSBC Peru – HSBC serves customers in Peru with its banking services.
  • Standard Chartered Peru – Standard Chartered is a major international bank with a presence in Peru.

Accounts and Services for Expats

Most banks in Peru offer accounts and services that are available to both residents and non-residents. However, some banks offer specific services aimed at expats, including:

  • BCP’s Cuenta Experta – BCP provides expats with a free debit card and online banking services in English.
  • Interbank’s Expat Banking – Interbank offers a range of services, including accounts in multiple currencies and help with visas and residency permits.

Typical Bank Opening Hours in Peru

Most banks in Peru are open from Monday to Friday, from 9:00 AM to 5:00 PM. Some banks may also be open on Saturdays, but with shorter hours.

Specific Areas of Concern for Expats

One area of concern for expats in Peru is the high fees associated with banking services. Some banks may charge high fees for international transactions, so it is important to compare fees before choosing a bank.


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Opening a Bank Account as an Expat

Opening a bank account in Peru is a straightforward process and can be done in a few easy steps:

  1. Choose a bank – research and compare different banks to find one that meets your needs.
  2. Gather the required documents – you’ll typically need a passport, proof of residence, and proof of income.
  3. Visit the bank in person – bring your documents and visit a branch in person to complete the account opening process.
  4. Fill out the account opening forms and agree to the bank’s terms and conditions.
  5. Make an initial deposit into your new account.

Note that some banks may require additional documents or information, depending on the type of account you are opening. It is best to check with the bank in advance to see what is required.

In conclusion, banking in Peru is a relatively straightforward process, with several options available to expats. By doing your research and choosing a bank that suits your needs, you can easily manage your finances while living in Peru.


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In this short video, we dive into the significant health care updates and changes happening globally in 2024. From Germany's insurance cost adjustments to Cyprus's renewed COVID-19 precautions, we cover the essential news you need to know.

Germany's Health Insurance Update:

Starting in 2024, residents in Germany will see a slight increase in their health insurance costs, with a 0.1% rise to a maximum of 1.7%. This adjustment aims to expand coverage for medical care not currently included in statutory health insurance, such as select dental treatments, IVF, and early cancer screenings.

COVID-19 Measures Reintroduced in Cyprus:

With over 3000 new COVID-19 cases, Cyprus is stepping up its game by reintroducing health measures. Requirements now include proof of a negative COVID-19 test for entry into various facilities, emphasizing the importance of vaccination, especially for the elderly, to combat the evolving virus strains.

Free Health Trials in Trieste, Italy:

Trieste launches an initiative for free health screenings, including echocardiograms and blood tests, focusing on preventive care against non-communicable diseases. This move underscores the city's commitment to improving public health through early detection and prevention.

Spain's New Health Advice App:

Madrid introduces a groundbreaking app offering reliable health advice to counteract the widespread misinformation online. This app, part of the 'Madrid Te Cuida' initiative, will guide users to accurate information, from diet tips to medical queries, ensuring the advice is vetted by health professionals.

Expat Satisfaction with Healthcare in Mexico:

A study reveals that expat retirees in Mexico are largely content with the healthcare quality and costs, with many citing significant savings compared to the United States without compromising on care quality. This insight sheds light on the growing trend of healthcare tourism and relocation for medical reasons.

Stay tuned as we unpack these updates, providing you with the insights and implications of these healthcare changes. Whether it's the impact on your wallet or the quality of care you can expect, we've got you covered in this comprehensive overview of health care in 2024. Don't forget to like, share, and subscribe for more health news around the globe!

YouTube Video UCB21b-C4O2aXm7H18_GsXMQ_nC_Fs6gU22U

Expat Focus International Healthcare Update January 2024

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