Banks & payments
Pago Móvil: Venezuela's phone-number bank payment, explained
Official read in the BCV text, the Gazette or the primary source. Reported from press or firms, with its date (a bank's or company's own official page about its service counts as Official). Unconfirmed no reliable source: ask the provider.
Pago Móvil is a transfer between Venezuelan banks using the recipient’s phone number and ID (cédula). Since September 22, 2026 the central bank (BCV) caps person-to-person fees at 0.30% of the amount, with a Bs 14 minimum. It works from the bank’s app or, at some banks, by SMS.
Fees: the BCV caps
| Type | Maximum fee | Minimum |
|---|---|---|
| Person to person (P2P) | 0.30% | Bs 14 |
| Person to business (P2C) | 1.50% | Bs 14 |
| Business to person (C2P) | 2.00% (1.75% same bank) | Bs 14 |
| Rejected or reversed payment | Bs 14 |
All Official, from the BCV schedule in force since September 22, 2026, which also says no second fee can be stacked on the same operation. In P2P the sender pays Reported; up to about Bs 4,667 you pay the Bs 14 minimum.
Daily limits
Each bank sets them. Banco de Venezuela: Bs 2,500,000 a day for individuals and Bs 3,000,000 for businesses since September 10, 2026 Official. Banesco runs the service 24/7 Official. Other banks’ limits Unconfirmed.
How to pay
You need the recipient’s bank code (for example 0102 Banco de Venezuela, 0134 Banesco), phone number and cédula. Send from your bank app; at Banco de Venezuela also by SMS to 2661 or 2662 in the format «PAGAR bank-code phone ID amount» from the registered line Reported.
Never hand over goods on the strength of a screenshot. Fake or edited payment screenshots are the most common scam. Check the credit in your own banking app first.
Sending money from the U.S.? See how to send money to Venezuela.
Questions people ask
How much does Pago Móvil cost?
Since September 22, 2026, the BCV fee schedule caps person-to-person Pago Móvil at 0.30% of the amount with a Bs 14 minimum; person-to-business up to 1.50% and business-to-person up to 2%, also with a Bs 14 minimum.
Can I receive money from abroad through Pago Móvil?
Yes, in bolívares: Western Union pays through its Venezuelan agent Zoom via Pago Móvil, among other options.
Sources checked on November 8, 2026
- BCV — fees, rates and charges in force from Sep 22, 2026 (Official Notice, O.G. Ext. 7,073)
- Banco de Venezuela — new Pago Móvil limits (Sep 10, 2026)
- Banesco — Pago Móvil
- Western Union Venezuela — receive money
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