How to send money to Peru in 2026: dollars without exchange or soles to an account in 1-3 business days
Peruvian banks keep accounts in soles and dollars, so money for a flat in Lima is sent in dollars and paid to the seller without exchange. We work out the buyer's 3% tax using the 2026 tax unit, deposit insurance up to 123,000 soles and the 0.005% levy on bank transactions.
In short
- Accounts in Peru are kept in soles and dollars, and money for a flat is paid without exchange.
- The banks' dollar selling rate was 3.437 soles on 7 October 2026.
- Deposits are insured up to $36,000 (123,000 soles) per depositor in a bank.
- A home buyer pays 3% on the value above 55,000 soles, and the transaction levy is 0.005%.
In detail
Money is sent to Peru in soles or dollars: banks keep accounts in both currencies, and dollars from abroad arrive in 1-3 business days without exchange. On 7 October 2026 banks sold a dollar for 3.437 soles on average. A flat buyer pays a 3% tax on the value above 55,000 soles, and 0.005% is withheld from each transaction.
| Route | On 8 October 2026 | Currency | Time | What you need |
|---|---|---|---|---|
| Bank transfer from abroad to your own account | works | dollars or soles | 1-3 business days | account number, an 8- or 11-character bank code, name |
| Transfer between banks within Peru | works | soles | minutes | a 20-digit interbank account number |
| Money transfer service | works | soles, dollars | from minutes to a day | the recipient's name and ID |
| Paying the seller for a flat | works | more often dollars | 1-3 business days | a contract at the notary, papers on the source of the money |
The rate in the table and text is the average dollar selling rate at Peruvian banks according to the banking supervisor, valid on 7 October 2026. Rows checked on 8 October 2026; dollars are rounded up.
Soles or dollars: which currency to send money to Peru in
Peru's currency is the sol, but the dollar works almost on equal terms here: banks keep accounts in both currencies, flat prices in Lima are often quoted in dollars, and the seller receives payment in the same currency. So money for a home is sent in dollars to a dollar account and paid without exchange, while money for living costs is exchanged into soles in parts.
Deposits in Peru are insured up to $36,000 (123,000 soles) per depositor in each bank: this is the limit for September-November 2026. The fund covers dollar deposits converted into soles, and the limit is reviewed every 3 months in line with wholesale prices. A large sum is kept in several banks before a deal.
Within Peru a transfer between banks goes by a 20-digit interbank account number: the recipient gets it from their bank and gives it to the sender together with their name. From abroad, the account number, the bank code and the recipient's name are enough.
We will help you send money to Peru
Mistakes cost more than fees: dollars for a flat exchanged into soles and back with a double loss on the rate, the whole sum kept in one bank above the 123,000-sol insurance, the 3% tax left out of the budget and its deadline missed, a notary without statements showing the path of the money. We will help you avoid them: we choose a legal transfer route from your country, prepare the source-of-funds documents for the Peruvian bank and the notary and carry out the transfer through licensed partners through to crediting.
Details and terms are with a manager in the chat: the cost depends on the sum, the currency and the sending country.
A 3% tax when buying a flat in Peru and a levy on bank transactions
A home buyer in Peru pays a 3% municipal tax on the value above 10 tax units. In 2026 a unit equals 5,500 soles, so the first $17,000 (55,000 soles) of the price is not taxed. The base is the larger of two sums, the contract price or the municipal valuation, and payment is due by the last business day of the month following the purchase.
| Flat price | In soles | Buyer's 3% tax |
|---|---|---|
| $100,000 | 343,700 | $2,600 (8,661 soles) |
| $150,000 | 515,550 | $4,100 (13,817 soles) |
| $250,000 | 859,250 | $7,100 (24,128 soles) |
Calculated at the rate of 7 October 2026 and the 2026 tax unit.
A bank in Peru withholds 0.005% from each account transaction, that is 0.05 soles per 1,000. On a $150,000 flat payment that is $10 (26 soles), and transfers between your own accounts at the same bank are exempt from this levy.
Buying a flat in Lima or on the coast? A manager will work out the taxes and the transfer amount for the contract price and the payment date.
Life in the capital is covered in the Lima guide, the path to a passport in Peruvian citizenship, and properties on the investment property in Peru page.
From $10,000 to buying a flat: what to prepare for a bank in Peru
The larger the sum, the more closely a Peruvian bank asks about the money. On 8 October 2026:
| Amount | What the bank will ask | What to prepare |
|---|---|---|
| Up to $10,000 | the payment purpose | details, a short explanation |
| $10,000-100,000 | where the money comes from | 3-6 months of statements, a salary certificate |
| From $100,000 | the whole path of the money to the seller | the sale contract for previous property, a tax return |
Papers on the source of money are covered in proof of source of funds, sending large sums abroad and moving home sale proceeds abroad.
Sending $100,000 or more to Peru for a home or deposits? A specialist will gather the source-of-funds documents for the Peruvian bank and the notary and carry out the transfer through licensed partners through to crediting; moving all your capital is covered on the capital relocation page.
Money from Lima: which countries it is sent to
From Peru, money most often goes to family and for studies:
- USA - deposits insured up to $250,000
- Spain - a 24-character account number
- Italy - a tax code for any deal
- Argentina - dollars to a dollar account
Sending money to neighbouring countries
- Ecuador - payments in US dollars
- Colombia - credited in pesos at the day's rate
- Bolivia - a floating boliviano rate
- Chile - prices in a unit of account
- Brazil - reais at the bank's rate
All your capital is moved according to the plan on the capital relocation page.
FAQ
Can you send money to Peru in dollars without exchange?
How much of a deposit in Peru will the insurance fund repay?
On what part of a flat's price in Peru is the 3% tax charged?
Is there a levy on bank transactions in Peru?
What is the dollar rate against the Peruvian sol in October 2026?
We will suggest the best way to send your money
We will choose a transfer method for your amount and country, prepare the documents on the origin of the money for the bank, make the transfer through licensed partners and follow it until the money is credited. Ask your question in the chat - the manager will suggest the best terms and the cost. The legal side with banks and government bodies is handled by Murblz specialists and locally licensed partners.
Details and cost are with the manager in the chat. Describe your situation and we will reply right away.
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