You know how much has accumulated in your CTS balance? If you work in the private sector in Peru, this benefit is one of your greatest long-term financial protections.
But many workers do not check their balance regularly and end up missing out on opportunities such as best interest rates or even not realizing it incorrect deposits.
Therefore, in this article we will show How to check your CTS balance, explain why following this account is so important and teach you how you can even transfer your balance to another bank that offers more advantages.
👉 Read until the end and take control of your financial future!
📌 What is CTS and Why Should You Monitor the Balance?
A Compensation for Length of Service (CTS) is a mandatory labor law in Peru, paid to formal workers in the private sector. The amount corresponds to approximately an annual salary divided into two deposits per year:
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In May
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In November
The purpose of CTS is to serve as a financial safety net if the worker becomes unemployed or has a contract terminated. But even if you are employed, you can monitor your CTS balance and ensure that the money is being correctly deposited and earning good interest.
Why check the CTS balance?
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Check if the employer is depositing correctly
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Track interest generated by the CTS account
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Compare interest rates between banks and, if necessary, transfer to a more advantageous account
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Plan for future use of this resource as emergency savings
🛠️ How to Check Your CTS Balance in Peru: 5 Simple Ways
Today, checking your CTS balance is much more practical thanks to digital platforms. See the faster and safer ways:
1️⃣ Internet Banking (Online Consultation)
The most popular and accessible way to check your balance.
Steps:
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Access your bank's official website (example: BCP, BBVA, Interbank, Scotiabank, Bank of the Nation).
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Log in with your username and password.
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Go to the “Accounts” or “CTS“.
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View your available balance, accumulated interest and latest transactions.
SEO Tip: always prioritize accessing the website bank officer, preventing unauthorized applications.
2️⃣ Bank Mobile App
Ideal for those who want to have the CTS balance always on your cell phone.
Steps:
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Download your bank's official app (available for Android It is iOS).
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Log in with your details.
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In the area of “Accounts“, select your CTS account.
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View balance and interest.
Advantage: the app usually provides notifications whenever a CTS deposit is made.
3️⃣ ATM
If you don't use the app or internet banking, you can still check in person.
Steps:
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Insert your debit card (related to the account where you receive CTS).
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Enter your password.
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Choice "Check balance“.
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Select “CTS Account” and view it on the screen or print the receipt.
4️⃣ Telephone Service Center
An alternative is to call your bank's customer service department.
Steps:
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Call your bank's official customer service number (e.g.: BCP 311-9898, BBVA 595-0000, etc.).
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Choose the option “check CTS account balance“.
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Enter your account number and identification data.
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Receive information via telephone.
5️⃣ In-Person Consultation at the Agency
If you need to resolve issues or want personalized service.
What to bring:
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Identity document (DNI)
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Account details
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Customer number (if applicable)
Ask the attendant directly to check your CTS balance.
🔄 Can I Transfer My CTS to a Bank with a Better Rate?
Yes! This is guaranteed by law.
Steps to transfer your CTS:
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Search for banks that offer the best CTS interest rate (the rate ranking is updated periodically by the portal SBS – Superintendence of Banking, Insurance and AFP).
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Open a new CTS account at your chosen bank.
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Request in writing that your employer direct future deposits to the new account.
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Request a transfer of the current balance from the old account to the new account.
👉 Important: you can consult the best rates for CTS here: CTS – SBS rate ranking
💡 Extra Tips for Managing Your CTS Well
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Check your balance at least every 2 months, especially after the deposit periods (May and November).
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Compare interest rates between banks regularly.
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If possible, choose a bank that offers monthly or quarterly interest capitalization (this increases your income).
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Never use CTS for impulsive consumption — keep it as emergency reserve.
✅ Conclusion
To know How to check your CTS balance in Peru It’s a simple practice that every worker should adopt. With the various online and offline options, you can control your deposits, ensure that you are receiving the correct amount and seek the best conditions for your money.
Remember: The CTS is not just a labor right, but one of the safest and most advantageous savings instruments you have. Enjoy it!
👉 If you haven't checked your balance this semester, go to your bank now and check it! Your future self will thank you. 🚀
