To send cash for pickup in Peru with MAJORITY, choose cash pickup, send to Interbank or Argenper, and your recipient collects soles same-day with valid ID.
Quick answer
The Peru destination supports cash pickup through two partners: Interbank, which pays out in either Peruvian soles (PEN) or US dollars (USD), and Argenper, which pays out in soles. You set up the transfer in the app, choose cash pickup as the delivery method, enter your recipient's full legal name as it appears on their ID, and confirm. Your recipient then visits a participating Interbank or Argenper location with a valid government-issued ID and the transfer reference, and collects the money the same day.
What you need to know
- The Peru cash-pickup partners are Interbank (PEN and USD) and Argenper (PEN).
- Cash pickup is same day at participating locations once the transfer is released.
- Your recipient needs a valid government-issued ID, such as their Peruvian DNI (Documento Nacional de Identidad), to collect the cash.
- The recipient's full legal name in the app must match the ID exactly. A spelling or middle-name mismatch is the most common reason a pickup is refused at the counter.
- At the member tier, money transfers to Peru are included in the $5.99 monthly membership with no per-transfer fee, regardless of whether you pick bank transfer, mobile wallet (Yape or Plin), or cash pickup.
- The exchange rate and the estimated delivery time are visible in the app before you confirm the transfer, so you see what the recipient will receive in soles before you commit.
How cash pickup to Peru works
Cash pickup is the simplest delivery method for a recipient who does not have a Peruvian bank account or who prefers to collect cash for everyday spending. The transfer travels from your account in the US to a partner network in Peru, and your recipient picks up physical cash at a branch or agent of that partner.
The process has 3 sides:
- Sender side (you, in the US). You set up the transfer in the app and confirm it. You pay nothing per transfer at the member tier in supported countries; the cost is rolled into the $5.99 monthly membership.
- Network side (the app plus its Peru partner). The transfer is routed to Interbank or Argenper, depending on which partner you selected and which one is most convenient for the recipient. The partner posts the money for pickup, usually the same day.
- Recipient side (in Peru). Your recipient walks into a participating Interbank or Argenper location, presents valid ID and the transfer reference, and collects the cash in PEN (or USD at Interbank).
Cash-pickup partners in Peru: Interbank and Argenper
The table below summarizes the two Peru cash-pickup partners available through the app. Pick the partner whose location is most convenient for your recipient and whose payout currency matches what they need.
| Partner | Payout currency | Best for | Where to pick up |
|---|---|---|---|
| Interbank | Peruvian soles (PEN) or US dollars (USD) | Recipients who want USD in hand, or PEN at a major bank branch network | Participating Interbank branches across Peru |
| Argenper | Peruvian soles (PEN) | Recipients who prefer a dedicated cash-pickup agent network | Participating Argenper locations across Peru |
Interbank is one of Peru's largest banks and operates a wide branch network across major cities and many smaller towns, which is useful when your recipient lives outside Lima. Argenper is a money-services network focused on cash-pickup payouts and is a common pickup option in countries that handle cross-border transfers into Peru.
Both partners are listed inside the app at the moment you set up the transfer. If your recipient prefers one over the other (for example, because there is an Interbank branch on their street, or because they have always used Argenper), pick that partner when you confirm.
ID requirements: what your recipient brings to the counter
Cash pickup in Peru is gated by ID verification, which protects both you and the recipient from fraud. To collect the cash, the recipient brings:
- A valid government-issued photo ID. For Peruvian nationals, this is typically the DNI (Documento Nacional de Identidad). For non-Peruvian residents, a passport or carné de extranjería usually works at most pickup locations; the partner staff confirm at the counter.
- The transfer reference number from the in-app confirmation. This is the code you share with your recipient after you confirm the transfer in the app.
- The recipient's full legal name as you entered it when you set up the transfer. The name on the ID and the name in the transfer have to match. If your recipient goes by a nickname or a shortened version of their name, use the full legal name from the ID, not the everyday name.
If the ID and the name on the transfer do not match, the partner staff are required to refuse the payout. This is the most common reason a cash pickup fails. To avoid it, ask your recipient to read out their name exactly as it appears on the ID before you confirm the transfer, and type it that way in the app.
How long it takes and when your recipient can pick up
Cash pickup to Peru is same day at participating Interbank and Argenper locations once the transfer is released. For most transfers, the money is available for collection within minutes to hours of you confirming the transfer.
Two practical points on timing:
- Branch and agent hours apply. Interbank branches and Argenper locations operate on local Peruvian business hours, which vary by location. A transfer you confirm late on a Saturday night in the US may not be collectible until the partner location opens on Monday morning, even though the transfer itself was processed in minutes.
- The in-app estimate is the most accurate timeline. Before you confirm, the app shows an estimated delivery window for the specific transfer based on the destination, the partner, and the time of day. Use that estimate as the timeline you share with your recipient.
Step-by-step: send cash pickup to Peru in the app
Once you have a membership and have added your recipient, sending cash for pickup in Peru takes a few minutes.
- Open the app and tap the send-money section.
- Choose Peru as the destination country.
- Select cash pickup as the delivery method.
- Choose the cash-pickup partner: Interbank (PEN or USD) or Argenper (PEN).
- Enter the amount you want to send in USD. The app shows the live exchange rate and the amount your recipient will receive in soles (or USD if you picked Interbank USD).
- Enter or confirm your recipient's full legal name as it appears on their government-issued ID.
- Review the estimated delivery time shown by the app.
- Confirm the transfer.
- Share the transfer reference number with your recipient so they can present it at the partner location.
The exchange rate you see in step 5 is the rate that applies to the transfer. There is no per-transfer fee at the member tier in supported countries; the cost is the $5.99 monthly membership, regardless of how many transfers you send to Peru that month.
What to do next
- Confirm which partner is most convenient for your recipient by asking them whether they prefer Interbank (often a nearby bank branch) or Argenper (a dedicated agent network).
- Ask your recipient for their full legal name exactly as it appears on the ID they will use to collect, so the name in the app matches the ID at the counter.
- Set up the transfer in the app, choose cash pickup, and confirm.
- Send your recipient the transfer reference number and the partner location (or location type) where they should pick up.
- Ask your recipient to confirm they collected the cash, so you know the loop closed and there is no name-mismatch issue to fix.
How MAJORITY can help
MAJORITY is a financial membership for migrants in the US. The Peru destination covers bank transfers to major Peruvian banks, mobile wallet sends to Yape and Plin, and cash pickup at Interbank (PEN and USD) and Argenper (PEN). At the member tier, money transfers to Peru carry no per-transfer fee regardless of delivery method, and the live exchange rate and estimated delivery time appear in the app before you confirm.
Frequently asked questions
Where can my recipient pick up money in Peru?
Your recipient can pick up money at a participating Interbank branch (which pays out in Peruvian soles or US dollars) or at a participating Argenper location (which pays out in soles). Both partner networks have locations across Peru, so the right choice usually comes down to which one is closest to where your recipient lives or works.
What ID does my recipient need to collect cash pickup in Peru?
A valid government-issued photo ID. For Peruvian nationals, the DNI (Documento Nacional de Identidad) is the standard option. Non-Peruvian residents typically use a passport or carné de extranjería. The full legal name on the ID has to match the recipient name you entered in the app exactly, or the partner staff will refuse the payout.
How long does cash pickup to Peru take?
Cash pickup is same day at participating Interbank and Argenper locations once the transfer is released, and for most transfers the money is available within minutes to hours of you confirming. The app shows an estimated delivery time for your specific transfer before you confirm, which is the most accurate timeline. Local branch and agent hours apply, so a late-night confirmation in the US may not be collectible until the partner location opens the next morning in Peru.
Does the membership include a fee for cash pickup to Peru?
At the member tier, no per-transfer fee applies to Peru transfers, regardless of whether you choose bank transfer, mobile wallet, or cash pickup. The cost is the $5.99 monthly membership, which includes unlimited money transfers in supported countries. The exchange rate at the time of the transfer applies, and the rate is shown in the app before you confirm.
Can my recipient collect US dollars instead of soles in Peru?
Yes, at Interbank. Interbank cash pickup is available in both Peruvian soles (PEN) and US dollars (USD), and you can choose the payout currency when you set up the transfer. Argenper cash pickup is paid out in soles only.
What happens if my recipient's name on the ID does not match the transfer?
The partner staff are required to refuse the payout if the name on the ID does not match the recipient name on the transfer. The simplest fix is to cancel and re-send the transfer with the corrected name, where cancellation is allowed. To avoid this, ask your recipient to read out their full legal name exactly as it appears on the ID before you confirm the transfer, and enter it that way in the app.
Is cash pickup the fastest way to send money to Peru?
Cash pickup is typically same day at participating locations, which is fast, but it is not always the fastest option for your recipient. If your recipient already uses Yape or Plin, a mobile wallet send is often available within minutes and does not require a trip to a pickup location. If they have an account at a major Peruvian bank, a bank transfer can also land quickly. Pick the method that fits how your recipient prefers to receive money.
Disclosures
The MAJORITY app facilitates banking services through Axiom Bank, N.A. ("Axiom"), Member FDIC. The funds deposited in the account held at Axiom, Member FDIC, are FDIC-insured on a pass-through basis up to $250,000 per depositor in the event Axiom fails and subject to the satisfaction of certain conditions. Non-deposit products or services such as money transfers and telecom services are not FDIC-insured.
MAJORITY Visa® Debit Card is issued by Axiom Bank, N.A., Member FDIC, pursuant to a license from Visa U.S.A. Inc.