Single Virtual Code (CVU)
What is it about?
It is a 22-digit code that facilitates interoperability between users of Payment Service Providers (PSPs) and those of the financial system.
As in the case of the CBU, each CVU is unique and it consists of a combination of data. The first block (digits 1 to 8) identifies the PSP and the second block (digits 9 to 22), the user.
What is it for?
The CVU identifies those persons using different PSPs—such as providers of e-wallets, and prepaid cards, among others. The CVU streamlines interoperability and financial inclusion, as PSPs’ users with no bank accounts may make electronic payments to bank accounts and also receive payments from such accounts.
How can I obtain a CVU?
You can request a CVU to your Payment Service Provider (PSP).