Argentina: Central Bank adopted regulation on update to national payment system-immediate debit (Circular SINAP 1-236/Communication A 8321) enters into force

On 9 September 2025, the Central Bank of the Argentine Republic (BCRA) Communication A 8321updating the National Payment System-Immediate Debit (DEBIN) under Circular SINAP 1-236, enters into force. The regulation establishes the framework for immediate debit transfers requiring prior customer authorisation through internet banking, mobile banking, or interfaces provided by Payment Service Providers offering Payment Accounts (PSPCP). The instrument defines two modalities, occasional DEBIN requiring express authorisation for each transaction, and recurrent DEBIN, including the “programmed DEBIN” variant for fixed-instalment payments. It sets prohibitions on the use of recurrent DEBIN for loan-related charges and on the use of programmed DEBIN by commercial activities linked to lotteries, casinos, or gambling. The scope extends to natural and legal persons holding current accounts or payment accounts in entities or PSPCP authorised to issue debit orders. The scheme allows transactions in pesos and United States dollars between accounts of the same currency, operates 24 hours with immediate settlement, provides free debits for clients, establishes maximum interchange fees of 0.3% with caps in Acquisition Value Units (UVA) for recurrent DEBIN, and defines reversal and chargeback rules, including a 30-day dispute window for recurrent transactions.