The scarlet-banded barbet (Capito wallacei) is a species of bird in the Capitonidae family. Discovered in 1996 and formally described in 2000, the scarlet-banded barbet is endemic to humid highland forest growing on a ridgetop known as Peak 1538 in the remote Cordillera Azul National Park in south-western Loreto, Peru (mistakenly listed as being in Ucayali, Peru, in its formal description). While it remains fairly common, its range is tiny and the total population has been estimated at less than 1000 individuals. Consequently, it is rated as vulnerable by BirdLife International and IUCN.