Propuesta de Circular sobre la aceptación forzosa de billetes y monedas establecida en la Ley Orgánica del Banco Central de Reserva del Perú

Proposed Circular on the mandatory acceptance of banknotes and coins for the payment of obligations established in the Organic Law of the Central Reserve Bank of Peru

Javier Pereda

MPRA Paper from University Library of Munich, Germany

Abstract: It is proposed that the BCRP, within the regulatory and interpretive powers granted by its Organic Law, issue normative provisions -through a Circular- that regulates and specifies the scope of the BCRP's Organic Law on the mandatory acceptance of cash in order to reinforce the current regulatory framework, contributing to granting legal certainty to cash payments, achieving a balance between the protection of consumer rights and the functionality of the national monetary system, with the protection of the right to freedom of contract and freedom of enterprise. The proposed provisions seeks the following objectives: a) reinforce the mandatory acceptance of cash as a means of payment, b) prohibit a priori restrictions on the acceptance of cash, c) establish legitimate causes for rejection (suspicion of counterfeiting, temporary lack of change, disproportionate denomination of the banknote compared to the purchase amount), and d) reconcile consumer rights with freedom of contract and enterprise (acceptance by contract of payments other than cash, distance payments excluded from the use of cash).

Keywords: Cash; payments; legal tender; consumer rights; freedom of contract; duty of suitability; Indecopi; BCRP. (search for similar items in EconPapers)
JEL-codes: E42 K23 K42 (search for similar items in EconPapers)
Date: 2025-12-19
New Economics Papers: this item is included in nep-pay
References: Add references at CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/130532/4/MPRA_paper_130532.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:130532

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().