Regulatory Alerts2025-11-12 | A 8353Circular SINAP 1-239 National Payments System – Electronic Clearing Chambers. Adaptation.
The Central Bank of the Argentine Republic issued Communication A 8353 to require financial entities, ATM networks (Red Link SA and Newpay SAU), immediate transfer administrators, and the low-value electronic clearing chamber (COELSA) to unify net balance calculations and guarantee accounts for ATM and immediate transfer operations by March 10, 2026. The directive mandates a joint monitoring and settlement framework where guarantees are allocated per currency class, with COELSA applying online credit instrument guarantees to compensated products during MEP operating hours. To ensure compliance with Communication B 13001, the regulation establishes a precise daily timeline—from 7:45 p.m. allocation and reporting to next-day 8:00 a.m. confirmation—enabling advance payments through the MEP before 10:00 a.m.