# Latin America

Ripple Payments Direct 2.0 supports payouts to the following Latin American countries.

| Country  | ISO code  | Payout currency  | B2B  | B2C  | B2B2B  | B2B2C  | C2B2B  | C2B2C  |
|  --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Argentina | AR | ARS | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| Brazil | BR | BRL | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| Chile | CL | CLP | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| Colombia | CO | COP | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| Mexico | MX | MXN | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |
| Peru | PE | PEN | ✅ | ✅ | ✅ | ✅ | ✅ | ✅ |


Use case key
**B2B** - Business to business
**B2C** - Business to consumer
**B2B2B** - Payments to a business on behalf of a business
**B2B2C** - Payments to an individual on behalf of a business
**C2B2B** - Payments to a business on behalf of an individual
**C2B2C** - Payments to an individual on behalf of an individual

## Payment limits

### ARS (Argentine peso)

| Payment rail  | Max per transaction  | Min per transaction  | Compliance daily limit  | Cutoff time  | Processing  |
|  --- | --- | --- | --- | --- | --- |
| Interbanking | ARS 10,000,000 | ARS 1 | No limit | 15:00 ART | Mon–Fri, excl. banking holidays |


### BRL (Brazilian real)

| Payment rail  | Max per transaction  | Min per transaction  | Compliance daily limit  | Notes  | Cutoff time  | Processing  |
|  --- | --- | --- | --- | --- | --- | --- |
| PIX | No limit | BRL 1 | No limit | Enhanced due diligence applies for B2C transactions above USD 10,000 and B2B transactions above USD 100,000 | None / real-time | 24/7 |


### CLP (Chilean peso)

| Payment rail  | Max per transaction  | Min per transaction  | Compliance daily limit  | Cutoff time  | Processing  |
|  --- | --- | --- | --- | --- | --- |
| TEF | CLP 7,000,000 | CLP 1 | No limit | 15:00 BRT | Mon–Fri, excl. banking holidays |


### COP (Colombian peso)

| Payment rail  | Max per transaction  | Min per transaction  | Compliance daily limit  | Cutoff time  | Processing  |
|  --- | --- | --- | --- | --- | --- |
| ACH | No limit | USD 50 | No limit | 16:00 COT | Mon–Fri, excl. banking holidays |
| PSE | No limit | USD 50 | No limit | 16:00 COT | 24/7 |


### MXN (Mexican peso)

| Payment rail  | Max per transaction  | Min per transaction  | Compliance monthly limit  | Cutoff time  | Processing  |
|  --- | --- | --- | --- | --- | --- |
| SPEI | No limit | USD 5 | MXN 200,000,000 | None / real-time | 24/7 |


### PEN (Peruvian sol)

| Payment rail  | Max per transaction  | Min per transaction  | Compliance daily limit  | Cutoff time  | Processing  |
|  --- | --- | --- | --- | --- | --- |
| LBTR | No limit | USD 5 | No limit | 15:00 BRT | Mon–Fri, excl. banking holidays |