Banxico allows SPEI transfers by cell phone

Banxico would have introduced changes so transfers can be made using the beneficiary’s cell phone number, and banks and other SPEI participants would have until Dec. 14, 2026 to adjust their systems to the new rules and harmonization guidelines. The public confirmation available in the consulted notes does not let us directly verify the full text of the official provision or its exact effective date.

What change is being attributed to Banxico?

The reported change would allow transfers using the beneficiary’s cell phone number instead of relying only on the CLABE, according to a specialized report on Circular 9/2026. Mundo Ejecutivo CDMX also said banks would need to adapt their apps and digital systems to the new standard.

That report does not include the official text of the circular, so the exact scope of the change still requires documentary verification. Even so, the reference to updated apps and systems points to broad operational changes across participating institutions.

What deadline would SPEI participants have?

The reported deadline for making changes is Dec. 14, 2026, according to El Informador’s coverage of the changes attributed to Banxico. That date would apply to banks and other SPEI participant institutions that need to align their processes with the new transfer rules and harmonization guidelines.

The same outlet said the available material does not allow direct verification of either the content or the effective date of the official provision. For that reason, the reported deadline should be read as a journalistic reference that still needs to be checked against the circular and the official guidelines.

What still needs to be confirmed before publication?

The official text of Circular 9/2026 and Banxico’s harmonization guidelines still need to be checked to confirm both the scope of cell-phone-based transfers and the measure’s actual effective date. It would also be necessary to verify whether the Dec. 14, 2026 deadline comes from the formal provision or from a journalistic interpretation.

The information available is enough to describe the attributed change and the reported timeline, but not enough to treat the regulatory verification as closed. The consulted material also includes a reference to bank security conditions in Mexico in 2026, although it does not add any verifiable detail about this specific provision.